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lutik1710 [3]
2 years ago
6

Bryce, Inc. declared a 50% stock dividend on March 15, when there were 1,000 shares of $1 par value stock issued and outstanding

, and the market value was $5. The entry to record the declaration will include (debit/credit)_______ to the Retained Earnings account, in the amount of _______.
Business
1 answer:
avanturin [10]2 years ago
4 0

The appropriate entry  to record the declaration will include <u>debit </u>to the Retained Earnings account, in the amount of<u> $500.</u>

<h3 /><h3>Retained earning</h3>

Based on the information given the appropriate entry to record this transaction is:

Journal entry

Debit Retained Earnings $500

(50% of 1,000 shares × $1 each)

Credit Common stock $500

(To record declaration of dividend)

Therefore the entry  to record the declaration will include <u>debit </u>to the Retained Earnings account, in the amount of<u> $500.</u>

<u></u>

Learn more about Retained earning here:brainly.com/question/15850451

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An investment had a nominal return of 11.1 percent last year. If the real return on the investment was only 7.3 percent, what wa
nordsb [41]

Answer:

inflation rate= 3.8%

Explanation:

Giving the following information:

Nominal return= 11.1 percent

Real return= 7.3 percent

<u>The real return on investments is the difference between the nominal return and the inflation rate.</u>

Real return= nominal return - inflation rate

inflation rate= nominal return - real return

inflation rate= 11.1 - 7.3

inflation rate= 3.8%

7 0
3 years ago
Chester currently has $19,378 (000) in cash and management has decided to issue stocks and bonds worth an additional $8,000 (000
Archy [21]

Answer:

correct option is a. Retiring the oldest bond

Explanation:

given data

currently cash = $19,378 (000)

issue stocks and bonds = $8,000 (000)

to find out

which activity exposes to the most risk of being issued an emergency loan

solution

we know that here generally firm issue bonds to rise funds and bonds is debt for company

firm pay dividend on bond and firm have ability to pay dividend for reflect financial position but when any shortage in cash that time it leads to short term emergency loans

entire inventory liquidating will lead additional cash so that no need of loan and any item and equipment is company choice that is not compulsion so no need emergency loans

so we can say that here correct option is a. Retiring the oldest bond expose company to most risk being issue emergency loan

5 0
4 years ago
Ricardo wants to study the academic performance of graduate students in the u.s. first, he decides that he will study schools in
Mariana [72]

This is called cluster sampling, where the researcher divides the population into groups (clusters) then takes a random sample from among the different clusters.

3 0
4 years ago
One disadvantage of _________ is the initial cost of formation.
Bingel [31]
C I think it would be right.
3 0
3 years ago
A supplier has contracted to deliver Halloween costumes to a party supply store by October 15th. However, due to a natural disas
PSYCHO15rus [73]
I would say the retailer violated the contract because natural disasters you can't control in any way. There is nothing you can do to stop it if it happens. The reason I would say that the retailer is at fault is because they made a conscious decision to change up companies. 
4 0
4 years ago
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