Question: Please help! correct answers def get thumbs up , not all the same questions! Many thanks in advance (practice exam) Saved Help Seve & alt

Please help! correct answers def get thumbs up , not all the same questions! Many thanks in advance (practice exam)
 Please help! correct answers def get thumbs up , not all
the same questions! Many thanks in advance (practice exam) Saved Help Seve
& alt Garcia Company issues 11.0%, 15-year bonds with a par value
of $440,000 and semiannual Interest payments. On the issue date, the annual
market rate for these bonds is 9.0%, which Implies a selling price
of 114. Prepare the journal entry for the issuance of these bonds

Saved Help Seve & alt Garcia Company issues 11.0%, 15-year bonds with a par value of $440,000 and semiannual Interest payments. On the issue date, the annual market rate for these bonds is 9.0%, which Implies a selling price of 114. Prepare the journal entry for the issuance of these bonds for cash on January 1 View transaction list Journal entry worksheet Record the issue of bonds with a par value of $440,000 at a selling price of 114. Note: Enter debits before credits. General Journal D ebit Date Credit Jan 01 View general Journal Clear entry Record entry Ticketsales, Inc., recelves $7,120,000 cash in advance ticket sales for a four-date tour of Bon Jovi. Record the advance ticket sales on October 31. Record the revenue earned for the first concert date of November 5, assuming it represents one-fourth of the advance ticket sales. Ticketsales, Inc. Initially records prepaid and unearned Items in balance sheet accounts. View transaction list Journal entry worksheet Merger Co. has 10 employees, each of whom earns $1,700 per month and has been employed since January 1. FICA Social Security taxes are 6.2% of the first $128,400 paid to each employee, and FICA Medicare taxes are 145% of gross pay. FUIA taxes are o ne SUTA taxes are 5.4% of the first $7,000 paid to each employee. 0 each employee, and FICA Monas been employed s are 5.4% of the first $20 Prepare the March 31 Journal entry to record the March payroll taxes expenses. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet Record employer payroll taxes. Note: Enter debits before credits. General Journal Debit Credit Date Mar 31 View general Journal Clear entry Record entry Prey 11 of 21 Next > Which of the following statements are true regarding dividends? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) 2 The payment date reflects the date a cash dividend is paid to stockholders. 2 A stock dividend increases the number of outstanding shares. ? A small stock dividend is a distribution of 50% or less of previously outstanding shares. ? A stock dividend commonly indicates management's confidence that the company is doing well. Help Seve Select whether stockholders' equity would increase (1), decrease (D), or have no effect (NE) as a result of each separate transaction listed below. ht 1. A stock split of 2-for-1 occurs. 2. New shares of preferred stock are sold for cash. 3. A payment date occurs for a small stock dividend. 4. Treasury shares of preferred stock are purchased. Murray Company reports net income of $855,500 for the year. It has no preferred stock, and its weighted average common shares outstanding is 290,000 shares. Compute its basic earnings per share. Basic Earnings Per Share Choose Denominator Choose Numerator Basic EPS Basic EPS per share

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