User Account

All Pages

What is journal entry for jean

Assignment Help Accounting Basics
Reference no: EM132807301

Problem 1: Jean received $200,000 cash in lieu of 2.5% stock dividend on its 500,000 share investment. The original cost and the fair value as of dividend declaration date of a share is $15 and $18 respectively. Based on the provided statement, what is the journal entry?

Reference no: EM132807301

Questions Cloud

What is winston market-book ratio : It has 65,700,000 shares of common stock outstanding. What is Winston's market/book ratio?
What is company price to earnings ratio : The EPS of a company is $2.18. It has cash flow per share of $5.26. Its price to cash flow ratio is 8.0. What is this company's price to earnings ratio?
Compute the total revenue solitare would report : Compute the total revenue Solitare would report over the two months. During the months of January and February, Solitare Corporation sold goods
What is the company average accounts receivable : What is the company's average accounts receivable? Assume a 365-day year. Round your answer to the nearest dollar.
What is journal entry for jean : The original cost and the fair value as of dividend declaration date of a share is $15 and $18. Based on the provided statement, what is journal entry
What is the average accounts payable for app : What is the average accounts payable for APP? Round your answer to the nearest dollar.
What is the days sales outstanding : Snider Industries sells on terms of 2/10, net 25. Total sales for the year are $1,600,000. Thirty percent of customers pay on the 10th day and take discounts
What was the cost of shrinkage : If the cost of inventory purchases was $16.9 billion, what was the cost of shrinkage during 2015? (Enter your answer in billions rounded to 1 decimal place.)
Calculate the nominal annual cost of trade : Cost of Trade CreditA 1/15, net 20. %B 2/10, net 55. %C 3/10, net 45. %D 2/10, net 45. % Calculate the nominal annual cost of trade credit under each

Reviews

Write a Review

Accounting Basics Questions & Answers

  Which would not necessarily be considered to be risk factor

If the sample supports the conclusion that the recorded account balance is materially misstated when it is actually not materially misstated, this is the

  How much gross profit would the company report

Assume that Jewels uses the LIFO cost flow assumption. Calculate cost of goods sold. How much gross profit would the company report.

  Blueco is a us corporation with multiple business

blueco is a us corporation with multiple business activities. on january 1 2009 blueco granted a non-exclusive license

  What amount of goodwill should egbert record

Dotel Company's 12/31/18 balance sheet reports assets of $12,000,000, What amount of goodwill should Egbert record as a result of this purchase

  What is the transaction price

Handler Company is an established manufacturer of equipment used in the construction industry. What is the transaction price

  List the seven principles of internal control

List the seven principles of internal control and explain how a retail outlet might implement each of the principles in its store

  The standard deduction last year to compute his tax liabili

Spencer Duck (SSN 277-31-7264) is single and his eight-year-old son, Mitch, lives with him nine months of the year in a rented condominium at 321 Hickory Drive in Ames, Iowa. Mitch lives with his mother, Spencer's ex-wife, during the summer mo..

  Prepare all journal entries for all transactions

Authorized to sell 1,000,000 shares of $10 par value common stock and 50,000 of $100 par value, Prepare all journal entries for all transactions

  Discuss the conventional retail method

Estimate the cost of ending inventory applying the conventional retail method

  Find work in progress inventory at the end of the period

The period 30,000 units remained which were 40% complete. The amount of equivalent units in Department A's work in progress inventory at the end of the period is what?

  Adjust the accounts and settle the contract

Tin Inc completed sales transaction with a company, specifically on november 1 2007, Tin inc sold 60,000units of its november product.

  Discuss expense related to manders stock options

the net compensation expense related to Manders stock options was

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