What is the journal entry

Assignment Help Accounting Basics
Reference no: EM132018524

Question - Split the common stock 3 for 1 and reduced the par from $75 to $25 per share. After the split, there were 1,200,000 common shares outstanding. What is the journal entry?

Reference no: EM132018524

Questions Cloud

Review problem on parallel computing : Conduct a web search for the key words "parallel computing". Then complete the following: Get the references of 5 sites that come up with the best.
Develop solutions to respond to the employees resistant : HND in Health and Social Care Management - Employability Skills - You start by considering your personal responsibility in your role as a worker in a healthcare
How can law enforcement deal with the problem : What challenges does law enforcement face in controlling Child Pornography? How can law enforcement deal with this problem?
Conduct a web search on organizations : Conduct a web search on organizations that were affected by Hurricane Katrina. Please select one business and cover the following.
What is the journal entry : Split the common stock 3 for 1 and reduced the par from $75 to $25 per share. What is the journal entry
Describe the disaster recovery plan in detail : What is the difference between a disaster recovery plan and a business continuity plan? The response must be typed.
Describe some problems that can affect treatment fidelity : Describe some problems that can affect treatment fidelity and identify some potential strategies for neutralizing fidelity problems.
What can be done to protect against ransomware : Ransomware: To pay or not to pay? When it comes to corporate data, should corporations pay? Can you trust paying? What can be done to protect.
What is the amount that will be included in jack net income : No further payments were made. What is the amount that will be included in Jack's Net Income For Tax Purposes for the current year

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine the total estimated uncollectibles

Question - Enge Company has accounts receivable of $108,000 at March 31. Determine the total estimated uncollectibles

  The amount of dividend per each share of common stocks

common stock with $50 par value outstanding. The amount of dividend per each share of common stock is

  Determine whether the current ratio will increase decrease

BSO, Inc. has current assets of $ 1,000,000 and current liabilities of $ 500,000, resulting in a cur-rent ratio of 2.0. For each of the following transactions, determine whether the current ratio will increase, decrease, or remain the same. Consider ..

  What balance should appear in the investment

Assuming Alison uses the equity method, what balance should appear in the Investment in Holister account as of December 31, 2011

  Calculate the profit or loss for the year

The liabilities of the business decreased by 1,5000 during the year while the assets increased by 10,500. Calculate the profit or loss for the year

  Vantage company issued bonds with a 500000 face value and a

vantage company issued bonds with a 500000 face value and a 6 stated rate of interest on january 1 2013. the bonds

  What are adjusting entries and why it is neccessery

What are adjusting entries and why it is neccessery? Surely they cause too much delay in financial statement

  Prepare the general journal entries

Prepare the general journal entries necessary to record these transactions.

  What accounts are subject to adjusting journal entries

What are the advantages and disadvantages of using automated accounting systems to do adjusting entries

  Define provisions that do not have a cash effect

What is the difference between provisions that have a cash effect and those that do not have a cash effect? How would you define provisions that do not have a cash effect?

  Determine the cost basis of the assets

How will Prime Corporation determine the cost basis of the assets it recieves from Bass Corporation?

  The converting department of stay-soft napkin company had

the converting department of stay-soft napkin company had 760 units in the work in process at the beginning of the

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!

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