What were the total dividends declared

Assignment Help Financial Accounting
Reference no: EM13862353

Beginning assets were $700,000, beginning equity was $225,000, revenue for the year was $523,000, common stock issued during the year totaled $320,000, expenses for the year were $392,000, ending equity is $751,000, and ending assets are $963,000. What were the total dividends declared?

Reference no: EM13862353

Questions Cloud

Prepare journal entries to record issuance of the bonds : Compute the amount received for the bonds and prepare an amortization schedule. Enter data in the schedule for only the first two interest periods. Use the effective interest rate method.
Describe types of input edits used data in payroll system : Describe the types of input edits used for the following data in a payroll system.
What was the balance of the unearned revenue account : The Aleph Bett Gimmel (ABG) Equipment Company started its operations in 2003. Ten years later, the balance sheet for December 31, 2013, showed the following account balances (there were no other accounts listed): What was the balance of the Unearned ..
Differentiate between job order costing and process costing : Differentiate between job order costing and process costing
What were the total dividends declared : Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 ..
Review policy and procedure documents provided in appendix : Review the policy and procedure documents provided in Appendix 2 of this assessment task. Identify three forms required by the organisation.
What was net income for the year-ending liabilities : Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 ..
What is the amount of cash dividends : What is the amount of cash dividends

Reviews

Write a Review

Financial Accounting Questions & Answers

  The straight-line depreciation for financial

The Bellcamp Soup Company uses the straight-line depreciation for financial

  Explain how would this amount be reported in the company

Without regard to your answer in (2) above, assume manufacturing overhead was underapplied in December. Explain how would this amount be reported in the company's financial statements at December 31?

  What is the annual dividend on the preferred stock

Miriah Inc. has 10,000 shares of 5%, $100 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at December 31, 2014. What is the annual dividend on the preferred stock?

  Estimates of investment costs operating expenses and sales

Estimates of investment costs, operating expenses and sales

  Question q1 on june 30 2013 wisconsin inc issued 300000 in

question q1. on june 30 2013 wisconsin inc. issued 300000 in debt and 15000 new shares of its 10 par value stock to

  Advantage of the corporate form of organization

Which of the following is not an advantage of the corporate form of organization?

  Questioni current company cash flowa you require to

questioni current company cash flowa you require to complete a cash flow statement for the company using the direct

  Determine expected cash collections by month

The company is in the process of preparing a cash budget and must determine expected cash collections by month. To this end, the following information has been assembled:

  Identify the sources of long-term financing for genesis

Identify the sources of long-term financing for Genesis and analyze the potential costs and benefits of each option -

  What would appear in the year-end balance sheet related to

A construction company entered into a fixed-price contract to build an office building for $20 million. Construction costs incurred during the first year were $6 million and estimated costs to complete at the end of the year were $9 million.

  Clarify theft is one of the biggest problems for consumers

Clarify theft is one of the biggest problems for consumers in e-commerce. Can businesses also be victims of identity theft in e-commerce?

  How much is the budgeted variable cost per unit

Josie’s Grill budgeted the following costs for a month in which 1,500 steak dinners will be produced and sold: materials, $4,080; hourly labor (variable), $5,200; rent (fixed), $1,700; depreciation, $800; and other fixed costs, $600. Each steak dinne..

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