The important dates in connection with a cash dividend of $48,000 on a corporation's common stock are July 16, August 15, and September 30. Journalize the entries required on each date.
Answer to relevant QuestionsThe important dates in connection with a cash dividend of $90,000 on a corporation's common stock are October 1, November 1, and December 24. Journalize the entries required on each date.Using the following accounts and balances, prepare the Stockholders’ Equity section of the balance sheet. Thirty thousand shares of common stock are authorized, and 2,000 shares have been reacquired.Common Stock, $80 par ...On July 17, America Carpet Inc., a carpet wholesaler, issued for cash 150,000 shares of no-par common stock (with a stated value of $5) at $36, and on September 20, it issued for cash 10,000 shares of $50 par preferred stock ...Azalea Gardens Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On September 9 of the current year, Azalea Gardens Inc. reacquired 12,000 shares of its common stock at $89 per share. On ...Selected transactions completed by NuCraft Boating Supply Corporation during the current fiscal year are as follows:Mar. 5. Split the common stock 4 for 1 and reduced the par from $100 to $25 per share.After the split, there ...
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