User Account

All Pages

Record the necessary journal entries in the table

Assignment Help Accounting Basics
Reference no: EM132621587

On December 30, 2020, Pizza Gnomes Inc. declared an $0.25 cash dividend per share to holders of record on February 15, 2021, payable on February 20, 2021. The par value is $0.10 per share and the market price is $18.00 per share on December 30, 2020. Pizza Gnomes has 5,000 common shares outstanding and 20,000 authorized shares.

Instructions

Problem 1: Record the necessary journal entries in the following table.

Computations:

Journal entries:

Date Account Title Debit Credit

Reference no: EM132621587

Questions Cloud

Write down the conditions and program of pcr of ns3 : Write down the conditions and program of PCr of NS3 gene of HCV(1900bp).
Compute reynolds number for a flow of water : Compute Reynolds number for a flow of water at 25°C in pipe of 48 in diameter and at velocity of 3.8 fps and Determine the friction factor for a Reynolds number
What is your preferred quality philosophy : What are the differences and similarities between their quality philosophies? What is your preferred quality philosophy and why?
Underlying mechanism through which sars-cov-2 : What experiments were or can be conducted to understand the underlying mechanism through which SARS-CoV-2 enters lung cells.
Record the necessary journal entries in the table : Record the necessary journal entries in the table. On December 30, 2020, Pizza Gnomes Inc. declared an $0.25 cash dividend per share to holders of record
Develop a hypothesis relating to the ph level of the culture : Develop a hypothesis relating to the pH level of the culture media and the number of bacterial colonies observed in each culture.
Compute amount of interest expense that must be recognized : Assuming the company uses the effective-interest rate method of amortization, compute the amount of interest expense that must be recognized on July
What is the purpose of doing a streak plate : A successful streak results in distinct colonies separated from each other by at least 2 mm.
Determine the dividend per share of the common stock : Bobo's Balloons Corporation, Determine the dividend per share of the common stock assuming the preferred stock is cumulative and participating.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd