Business, 20.12.2019 23:31, KillerSteamcar

On january 1, whispering winds corp. had 62,600 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 16,650 additional shares of common stock for $13 per share.
june 15 declared a cash dividend of $1.55 per share to stockholders of record on june 30.
july 10 paid the $1.55 cash dividend.
dec. 1 issued 7,400 additional shares of common stock for $11 per share.
dec. 15 declared a cash dividend on outstanding shares of $1.65 per share to stockholders of record on december 31.

required:

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

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 22:50, Zagorodniypolina5

Tara incorporates her sole proprietorship, transferring it to newly formed black corporation. the assets transferred have an adjusted basis of $240,000 and a fair market value of $300,000. also transferred was $10,000 in liabilities, $1,000 of which was personal and the balance of $9,000 being business related. in return for these transfers, tara receives all of the stock in black corporation. a. black corporation has a basis of $241,000 in the property. b. black corporation has a basis of $240,000 in the property. c. tara’s basis in the black corporation stock is $241,000. d. tara’s basis in the black corporation stock is $249,000. e. none of the above.

Answers: 1

continue

Business, 22.06.2019 00:10, wolfycatsz74

Which of the following is a problem for the production of public goods?

Answers: 2

continue

Business, 22.06.2019 02:30, walterzea70

rural residential development company and suburban real estate corporation form a joint stock company. the longest duration a joint stock company can be formed for is

Answers: 2

continue

Business, 22.06.2019 14:50, 2020EIglesias180

Pederson company reported the following: manufacturing costs $480,000 units manufactured 8,000 units sold 7,500 units sold for $90 per unit beginning inventory 2,000 units what is the average manufacturing cost per unit? (round the answer to the nearest dollar.)

Answers: 3

continue

Do you know the correct answer?

On january 1, whispering winds corp. had 62,600 shares of no-par common stock issued and outstanding...