subject
Business, 25.11.2021 14:00 QueenYaya

On January 1, Sheffield Corp. had 56,600 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 9,000 additional shares of common stock for $10 per share.
June 15 Declared a cash dividend of $1.50 per share to stockholders of record on June 30.
July 10 Paid the $1.50 cash dividend.
Dec. 1 Issued 3,900 additional shares of common stock for $11 per share.
15 Declared a cash dividend on outstanding shares of $1.60 per share to stockholders of record

Required:
Prepare the entries, if any, on each of the three dates that involved dividends.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 22:00
How would you cite different books by the same author on the works cited page? a. moore, jack h. folk songs and ballads. salem: poetry press, 1999. print. moore, jack h. ballads in poetry ā€“ a critical review. dallas: garden books, 1962. print. b. moore, jack h. folk songs and ballads. salem: poetry press, 1999. print. ā€“ā€“ā€“. ballads in poetry ā€“ a critical review. dallas: garden books, 1962. print. c. moore, jack h. ballads in poetry ā€“ a critical review. dallas: garden books, 1962. print. moore, jack h. folk songs and ballads. salem: poetry press, 1999. print. d. moore, jack h. ballads in poetry ā€“ a critical review. dallas: garden books, 1962. print. ā€“ā€“ā€“. folk songs and ballads. salem: poetry press, 1999. print.
Answers: 1
question
Business, 22.06.2019 10:00
Your father offers you a choice of $120,000 in 11 years or $48,500 today. use appendix b as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. if money is discounted at 11 percent, what is the present value of the $120,000?
Answers: 3
question
Business, 22.06.2019 12:30
True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product
Answers: 1
question
Business, 22.06.2019 20:30
Mordica company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $156,960, $382,800, and $84,640, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,180, machine hours 25,520, and number of inspections 1,840. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection
Answers: 1
You know the right answer?
On January 1, Sheffield Corp. had 56,600 shares of no-par common stock issued and outstanding. The s...
Questions
question
English, 19.08.2020 22:01
Questions on the website: 13722363