Business, 02.12.2019 20:31, jordanmjdmary8571

On january 1, bramble corp. had 61,200 shares of no-par common stock issued and outstanding. the stock has a stated value of $4 per share. during the year, the following transactions occurred.

apr. 1 issued 10,350 additional shares of common stock for $13 per share.
june 15 declared a cash dividend of $1.70 per share to stockholders of record on june 30.
july 10 paid the $1.70 cash dividend.
dec. 1 issued 4,600 additional shares of common stock for $11 per share.
dec. 15 declared a cash dividend on outstanding shares of $2.00 per share to stockholders of record on december 31.

prepare the entries, if any, on each of the three dates that involved dividends.

(record journal entries in the order presented in the problem. credit account titles are automatically indented when amount is entered. do not indent manually. if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. round answers to 0 decimal places, e. g. 1,225.)

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 14:00, lindjyzeph

The following costs were incurred in may: direct materials $ 44,800 direct labor $ 29,000 manufacturing overhead $ 29,300 selling expenses $ 26,800 administrative expenses $ 37,100 conversion costs during the month totaled:

Answers: 2

continue

Business, 22.06.2019 20:00, bwelsh880

Ryngard corp's sales last year were $38,000, and its total assets were $16,000. what was its total assets turnover ratio (tato)? a. 2.04b. 2.14c. 2.26d. 2.38e. 2.49

Answers: 1

continue

Business, 23.06.2019 06:00, dragon2998

Legal requirements, suppliers and distributors, competitors, and market profiles are contained in the element of your business plan. a. introduction b. operating plant c. industry d. business information

Answers: 1

continue

Business, 23.06.2019 19:50, MileenaKitana

Dallas company uses a job order costing system. the company's executives estimated that direct labor would be $4,800,000 (160,000 hours at $30/hour) and that factory overhead would be $1,400,000 for the current period. at the end of the period, the records show that there had been 190,000 hours of direct labor and $1,100,000 of actual overhead costs. using direct labor hours as a base, what was the predetermined overhead rate? (round your answer to two decimal places.)

Answers: 3

continue

Do you know the correct answer?

On january 1, bramble corp. had 61,200 shares of no-par common stock issued and outstanding. the sto...