Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. urgent company dubai during the year ended de

urgent Company Dubai during the year ended December 2020 declared...

70.2K

Verified Solution

Question

Accounting

urgent
image
Company Dubai during the year ended December 2020 declared and paid dividends of $42,000 out of retained earnings and made the following reserve from the retained earnings account 1- Fluctuation Exchanges $ 40,000 2- General reserve $10,000 Instructions: Record the necessary entries in the general Journal ho Paragraph BI EE

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

Basic Math
1.2K views

Which one of the followings is constructible by using compass and straightedge? Why A. regular 7-gon B. regular...

Accounting
1.2K views

Interview Notes Jeff and Linda got married in December of 2018. They are both U.S. citizens with...

Physics
1.2K views

An object is 3 45 cm tall and is standing upright a distance of 24...

Basic Math
1.2K views

Consider the Heat Equation U a Uzr u x 0 u 0 t u 2...

Statistics
1.2K views

According to a survey 10 of Americans are afraid to fly Suppose 1 100 Americans...

Statistics
1.2K views

The seating accommodations on an Amtrak train Coach Business and First Class Identify the type...

Calculus
1.2K views

Simplify the given expression 3 COS NI X 3 cos 2x x 0

Algebra
1.2K views

Use the method of corners to solve the linear programming problem An investor has decided...

Accounting
1.2K views

Garfield Company manufactures a popular brand of dog...

Accounting
1.2K views

bbsbsn

Accounting
1.2K views

Step 1: Understanding the Concept of Repatriation of Foreign Earnings When a...

Accounting
1.2K views

Topic 3: Consolidation: Non-controlling interests Pepsi Ltd acquired 80% of the shares of Soda Ltd...