PLEASEEEE answer the following

1. A debit to Sales Returns & Allowances could be evidence of a(n):

(Choose all of the correct answers.)

Acceptance by a seller of a return goods originally sold to a buyer

Receipt of cash from a buyer for goods previously purchased on account

Allowance to the buyer for defective goods

Receipt of payment from a buyer within the discount period

Sale of goods to a buyer on account

2.

A trial balance will not balance if:

(Choose all of the correct answers.)

A journal entry is posted twice

The debit is posted as a credit, and the credit is posted as a debit

The debit is posted as a credit, while the credit is also posted as a credit

A wrong amount is used in journalizing

A journal entry is only partially posted

3.

Which one of the following events would not require a formal journal entry on a company's books?

Occurrence of the record date for a cash dividend which had previously been declared

Payment of a $1 per share cash dividend

Declaration of a 2-for-1 stock split

Declaration of a 20% stock dividend

Payment of a 50% stock dividend 3. As of December 31, the balance sheet for Tequila Mockingbird Bar & Grill, Inc., includes the following: 6% $100 par cumulative preferred stock, 10,000 shares authorized; 1,000 shares issued $10 par common stock, 1,000,000 shares authorized; 650,000 shares issued, 640,000 shares outstanding Additional preferred stock paid-in-capital: $20,000 Additional common stock paid-in-capital: $9,000,000 Treasury stock (10,000 shares): $210,000 Tequila Mockingbird Bar & Grill, Inc., declared and paid a $32,000 cash dividend on December 15. If the companys dividends in arrears prior to that date were $9,000, its common stockholders received?