Answer
Journal entry on June 30 for payment of dividend
Dividend A/c Dr $12000
To cash $12000
Journal Entry for Dividends Prepare a journal entry on June 30 for the payment of dividends...
On October 30, JumpStart pays $3,330 in dividends to its stockholders. Provide the journal entry for this transaction. If an amount box does not require an entry, leave it blank. Oct. 30 Accounts Payable Accounts Receivable Cash Common Stock Retained Earnings
Vincent Corporation has 90,000 shares of $105 par common stock outstanding. On June 30, Vincent Corporation declared a 4% stock dividend to be issued on July 30 to stockholders of record July 15. The market price of the stock was $120 a share on June 30. If no entry is required, select "No Entry" and leave the amount boxes blank. Journalize the entry required on June 30. If an amount box does not require an entry, leave it blank. June...
Journal Entry for Asset Purchase Prepare a journal entry for the purchase of office supplies on November 2 for $4,100, paying $405 cash and the remainder on account. If an amount box does not require an entry, leave it blank. Nov, 2
Prepare a journal entry for the purchase of a truck on April 4 for $64,020, paying $4,800 cash and the remainder on account. If an amount box does not require an entry, leave it blank. Apr. 4
Vincent Corporation has 95,000 shares of $100 par common stock outstanding. On June 30, Vincent Corporation declared a 6% stock dividend to be issued on July 30 to stockholders of record July 15. The market price of the stock was $122 a share on June 30. If no entry is required, select "No Entry" and leave the amount boxes blank. Journalize the entry required on June 30. If an amount box does not require an entry, leave it blank. June...
Prepare a journal entry for the purchase of a truck on April 4 for $63,330, paying $4,300 cash and the remainder on account. If an amount box does not require an entry, leave it blank. April 4 Accounts Payable Accounts Receivable Equipment Equipment Expense Retained earnings
7.
Depreciation on equipment for the year is $5,040. a. Record the journal entry if the company prepares adjustments once a year. If an amount box does not require an entry, leave it blank. b. Record the journal entry if the company prepares adjustments on a monthly basis. If an amount box does not require an entry, leave it blank. b. Record the journal entry if the company pre
On January 1, Power House Co. prepaid the annual rent of $18,200. Prepare the journal entry to record this transaction. If an amount box does not require an entry, leave it blank. Jan. 1 Accounts Payable Cash Prepaid Rent Rent Expense Rent Revenue
On January 1, Power House Co. prepaid the annual rent of $20,200. Prepare the journal entry to record this transaction. If an amount box does not require an entry, leave it blank. Jan. 1 Accounts Payable Cash Prepaid Rent Rent Expense Rent Revenue
Entries for Cash Dividends The declaration, record, and payment dates in connection with a cash dividend of $1,425,000 on a corporation's common stock are July 9, August 31, and October Journalive the entries required on each date. If no entry is required, select "No Entry Required and leave the amount boxes blank. If an amount box does not require an entry, leave it blank July 9 Aug 31