Business, 04.04.2020 05:00 Christyy9608
On September 1, Ziegler Corporation had 50,000 shares of $5 par value common stock, and $1,500,000 of retained earnings. On that date, when the market price of the stock is $15 per share, the corporation issues a 2-for-1 stock split. The general journal entry to record this transaction is:
Debit Retained Earnings $750,000; credit Common Stock Split Distributable $750,000.
Debit Retained Earnings $750,000; credit Common Stock $750,000.
Debit Retained Earnings $250,000; credit Common Stock $250,000.
Debit Retained Earnings $250,000; credit Stock Split Payable $250,000.
No entry is made for this transaction.
Answers: 3
Business, 21.06.2019 20:00
When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting
Answers: 3
Business, 22.06.2019 19:00
12. to produce a textured purée, you would use a/an a. food processor. b. wide-mesh sieve. c. immersion blender d. food mill.
Answers: 1
Business, 23.06.2019 02:00
You are considering the purchase of one of two machines used in your manufacturing plant. machine 1 has a life of two years, costs $20,000 initially, and then $4,000 per year in maintenance costs. machine 2 costs $25,000 initially, has a life of three years, and requires $3,500 in annual maintenance costs. either machine must be replaced at the end of its life with an equivalent machine. using eac which is the better machine for the firm
Answers: 1
On September 1, Ziegler Corporation had 50,000 shares of $5 par value common stock, and $1,500,000 o...
Mathematics, 13.10.2019 08:20
History, 13.10.2019 08:20
Health, 13.10.2019 08:20
Mathematics, 13.10.2019 08:20
Biology, 13.10.2019 08:20
Mathematics, 13.10.2019 08:20
Mathematics, 13.10.2019 08:20
English, 13.10.2019 08:20