on september 20, 2015, nozzle corporation declared the distribution of the following dividend to one of its

Fantastic news! We've Found the answer you've been seeking!

Question:

on september 20, 2015, nozzle corporation declared the distribution of the following dividend to one of its stockholders of record as of september 30, 2015: land with a carrying value of $600,000, an FMV on september 20 of $1,450,000, and an FMV of September 30 of $1,575,000. The entry to record the delcaration of the property dividened would include a debited to retained earnings for what amount

Posted Date: May 18, 2024 10:15 AM

See More Questions

CFR is a manufacturer of Industrial machines. During 2020, CFR launched a new machine with model name Omega. Each unit of Omega is being sold for Rs. 10 million payable upon delivery. Revenue from...
Fernetti Advertising Agency, Inc. was founded by John Fernetti in January of 2010. Presented on page 138 are both the adjusted and unadjusted trial balances as of December 31, 2011. Instructions (a)...
Consider the hypotheses H0 : 0 H1 : 0 where 2 is known. Derive a general expression for determining the sample size for detecting a true mean of 1 0 with probability 1 if the type I error is .
What is Mifid and what were its aims?
On April 1, Year 7, Princeton Corp. purchased 70% of the ordinary shares of Simon Ltd. for $910,000. On this same date, Simon purchased 60% of the ordinary shares of Fraser Inc. for $600,000. On...
Assess how analyzing big data from the Covid-19 registry will help a facility evaluate its clinical effectiveness and develop action plans. Provide an example of how predictive data analytics could...
2. Sport Company expects to produce 150,000 units of Product X during 2024. The sales demand is expected to be 140,000 units. The company provided the following data. Standard Unit Cost: Direct...
Analyze the role of probabilistic risk assessment (PRA) in hazard analysis for nuclear power plants and other high-consequence industries. How does PRA integrate probabilistic modeling techniques to...
Why should a behavioral intervention plan (BIP), (also called behavioral change plan or behavioral support plan) be based on the results of a functional behavior assessment (FBA)? Explain.
What John Medina writes about stress and its impact on the brain and How might your childhood experiences impact your brain and how it learns? How might sleep, exercise, and stress impact you?
How do advanced hazard analysis techniques, such as Bowtie Analysis and Layer of Protection Analysis (LOPA), assist in designing and implementing effective risk control measures and safety barriers?...
Bond valuation and yield to maturity Personal Finance Problem Mark Goldsmith's broker has shown him two bonds issued by different companies. Each has a maturity of 3 years, a par value of $3,000, and...
The following reaction is key when investigating the precipitation and dissolution of AB2CO3: Ag, CO (s) = 2 Ag* (aq) + Co (ag)K = 8.5 x 10 12 If we were to mix 0.00110 mol of solid A82CO3 in 2.00 L...
On October 1, 2014, the Dow Jones Industrial Average (DJIA) opened at 17,042 points. During that day it lost 237 points. On October 2 it lost 4 points. On October 3 it gained 209 points. Deter-mine...
Resources tend to be specialized, so we lose some of their productivity when we transfer those resources from what they are relatively _________ at producing to something they are relatively...
On a bowed production possibilities curve (concave to the origin), the opportunity costs of producing additional units of a good rise as society produces more of that good. This relationship is...
Increases in a societys output do not make _________ disappear. Even when output has grown more rapidly than population so that people are made better off, people still face _________.

on september 20, 2015, nozzle corporation declared the distribution of the following dividend to one of its

Question:

Expert Answer:

Students also viewed these accounting questions