subject
Business, 03.12.2019 20:31 johnthevarietyboy200

On january 1, bridgeport corp. had 61,300 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 10,800 additional shares of common stock for $11 per share. sne declared a cash dividend of $1.80 per share to stockholders of record on june 30. buly 10 paid the $1.80 cash dividend. de 1 issued 4,800 additional shares of common stock for $11 per share. dec. declared a cash dividend on outstanding shares of $1.90 per share to stockholders of record on 15 december 31. a. 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 o for the amounts. round answers to o decimal places, e. g. 1,225)

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 13:20
Suppose your rich uncle gave you $50,000, which you plan to use for graduate school. you will make the investment now, you expect to earn an annual return of 6%, and you will make 4 equal annual withdrawals, beginning 1 year from today. under these conditions, how large would each withdrawal be so there would be no funds remaining in the account after the 4th withdraw?
Answers: 3
question
Business, 22.06.2019 17:30
Which of the following services will be provided by a full-service broker but not by a discount broker? i. research of potential investment opportunities ii. purchase and sale of stock at your request iii. recommendation of investments a. i and iii b. ii only c. iii only d. i, ii, and ii
Answers: 2
question
Business, 22.06.2019 18:50
Retirement investment advisors, inc., has just offered you an annual interest rate of 4.4 percent until you retire in 40 years. you believe that interest rates will increase over the next year and you would be offered 5 percent per year one year from today. if you plan to deposit $13,000 into the account either this year or next year, how much more will you have when you retire if you wait one year to make your deposit?
Answers: 3
question
Business, 22.06.2019 21:40
Engberg company installs lawn sod in home yards. the company’s most recent monthly contribution format income statement follows: amount percent of sales sales $ 80,000 100% variable expenses 32,000 40% contribution margin 48,000 60% fixed expenses 38,000 net operating income $ 10,000 required: 1. compute the company’s degree of operating leverage. (round your answer to 1 decimal place.) 2. using the degree of operating leverage, estimate the impact on net operating income of a 5% increase in sales. (do not round intermediate calculations.) 3. construct a new contribution format income statement for the company assuming a 5% increase in sales.
Answers: 3
You know the right answer?
On january 1, bridgeport corp. had 61,300 shares of no-par common stock issued and outstanding. the...
Questions
Questions on the website: 13722362