The declaration, record, and payment dates in connection with a cash dividend of $101,600 on a...

Question

Question

The declaration, record, and payment dates in connection with a cash dividend of $101,600 on a corporations common stock are 151 Prepaid Insurance 181 Land 520 Salaries Expense 531 Advertising Expense 193 Equipment 532 Delivery Expense 533 Selling Ex

Journalize the entries required on each date. If no entry is required, simply skip to the next transaction. Refer to the Char

business accounting

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

Answer:

Credit Debit $ 101,600 Transaction Account Title Post Ref. 12-Jan Cash Dividends Cash Dividends Payable (To record declaratio

Add a comment

Answer 2

Similar Homework Help Questions

The declaration, record, and payment dates in connection with a cash dividend of $101,600 on a...

The declaration, record, and payment dates in connection with a cash dividend of $101,600 on a corporation's common stock are July 9, August 31, and October 1. Journalize the entries required on each date. If no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account titles.
The declaration, record, and payment dates in connection with a cash dividend of $108,000 on a...

The declaration, record, and payment dates in connection with a cash dividend of $108,000 on a corporation’s common stock are January 12, March 13, and April 12. Journalize the entries required on each date. If no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account titles. 2. Lawn Spray Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On January 31 of the current year, Lawn...
The declaration, record, and payment dates in connection with a cash dividend of $101,600 on a...

The declaration, record, and payment dates in connection with a cash dividend of $101,600 on a corporation’s common stock are January 12, March 13, and April 12. Journalize the entries required on each date. If no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account titles. Journalize the entries required on each date. If no entry is required, simply skip to the next transaction. Refer to the Chart of...

The declaration, record, and payment dates in connection with a cash dividend of $121,900 on a...

The declaration, record, and payment dates in connection with a cash dividend of $121,900 on a corporation’s common stock are January 12, March 13, and April 12. Journalize the entries required on each date. If no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account titles.
The declaration, record, and payment dates in connection with a cash dividend of $142,000 on a...

The declaration, record, and payment dates in connection with a cash dividend of $142,000 on a corporation’s common stock are January 15, February 15, and March 15. Required: Journalize the entries required on each date. Refer to the Chart of Accounts for exact wording of account titles. If no entry is required, simply skip to the next transaction.
journalize The declaration, record, and payment dates in connection with a cash dividend of $350,000 on...

journalize The declaration, record, and payment dates in connection with a cash dividend of $350,000 on a corporation's common stock are February 28, April 1, and May 15. Journalize the entries required on each date. If no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account title

Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows:...

Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows: Jan. 8 Split the common stock 2 for 1 and reduced the par from $80 to $40 per share. After the split, there were 157,000 common shares outstanding. Apr. 30 Declared semiannual dividends of $0.65 on 19,000 shares of preferred stock and $0.24 on the common stock payable on July 1. Jul. 1 Paid the cash dividends. Oct. 31 Declared semiannual dividends of $0.65...
On October 31, Legacy Rocks Inc., a marble contractor, issued for cash 74,600 shares of $10...

On October 31, Legacy Rocks Inc., a marble contractor, issued for cash 74,600 shares of $10 par common stock at $12, and on November 19, it issued for cash 15,640 shares of preferred stock, $40 par at $56. Required: A. Journalize the entries for October 31 and November 19. Refer to the Chart of Accounts for exact wording of account titles. B. What is the total amount invested (total paid-in capital) by all stockholders as of November 19? Chart of...
On April 1, 10,000 shares of $8 par common stock were issued at $25, and on...

On April 1, 10,000 shares of $8 par common stock were issued at $25, and on April 7, 3,000 shares of $80 par preferred stock were issued at $107. Required: Journalize the entries for April 1 and 7. Refer to the Chart of Accounts for exact wording of account titles. Chart of Accounts 193 Equipment 534 Insurance Expense 194 Accumulated Depreciation-Equipment LIABILITIES 210 Accounts Payable 221 Notes Payable 535 Supplies Expense 536 Organizational Expenses 561 Depreciation Expense-Building 562 Depreciation Expense-Equipment...

On May 23, Stoltz Realty Inc. issued for cash 128,000 shares of no-par common stock (with...

On May 23, Stoltz Realty Inc. issued for cash 128,000 shares of no-par common stock (with a stated value of $5) at $6. On July 6, Stoltz Realty Inc. issued at par value 41,000 shares of preferred 1% stock, $10 par for cash. On September 15, Stoltz Realty Inc. issued for cash 17,000 shares of preferred 1% stock, $10 par at $11. Journalize the entries to record the May 23, July 6, and September 15 transactions. Refer to the Chart...

The declaration, record, and payment dates in connection with a cash dividend of $101,600 on a...

Homework Answers

Add Answer to:
The declaration, record, and payment dates in connection with a cash dividend of $101,600 on a...

Post as a guest

Earn Coins