Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 10 5 points save answ a company had 120,0

Question 10 5 points Save Answ A company had 120,000 shares authorized, 80,000 shares issued...

90.2K

Verified Solution

Question

Accounting

image

Question 10 5 points Save Answ A company had 120,000 shares authorized, 80,000 shares issued and 60,000 shares outstanding of $3 par common stock. On November 1, the company decides to give a $2 per share cash dividend to shareholders as of November 20 to be paid November 30. Prepare the journal entries necessary for each date (if not entry is required that date, make a note a journal entry is not required). Words:0 Path: p

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Chemistry
1.2K views

A 0.02500 g sample of the diprotic acid malonic acid (H2C3H2O4) is dissolved in water to...

Chemistry
1.2K views

1. Explain why a packed fractionating column (steel wool inside the glass tube) is more efficient...

Civil Engineering
1.2K views

two YouTube videos Electronic Armageddon NatGeo and 17 Misconceptions About The Effects Of An Electromagnetic Pulse (EMP)...

Biology
1.2K views

Two cars started at the same position and were driven through a city using different...

Biology
1.2K views

Cadherins and other cell adhesion molecules that guide cell migration are A steroid hormones B...

Physics
1.2K views

7 Two parallel plate capacitors A and B of capacitance 1 F and 5 F...

Basic Math
1.2K views

13 Find and simplify f x h Simplify your answer f x 7x 5x 6...

Statistics
1.2K views

You are examining the wait time for help with rebooking tickets with major airline s...

Accounting
1.2K views

The following transactions occurred in April and May. Both companies use a...

Accounting
1.2K views

The following data were taken from the financial statements of Hunter Inc. for December 31...

Accounting
1.2K views

El valor de mercado del capital social de Thompson, Inc. es de $530,000. El balance...

Accounting
1.2K views

Milan Company issued bonds with a face value of $200,000 on January 1, Year 1....