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notka56 [123]
3 years ago
14

Hutter corporation declared a $0.50 per share cash dividend on its common shares. the company has 37,000 shares authorized, 19,2

00 shares issued, and 14,800 shares of common stock outstanding. the journal entry to record the dividend declaration is:
Business
1 answer:
Maurinko [17]3 years ago
5 0
The corporation is required to record entry for cash dividend declaration.  Only the common stock outstanding or the 14,800 shares are entitled to receive dividends.  Thus, the journal entry to record the dividend declaration is as follows:
Debit: Retained Earnings $7,400.00
Credit: Dividends Payable $7,400.00
<em>To record cash dividend declaration</em>
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Cost per equivalent unit: $60

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Return on assets is equal to<u> </u><u>a.</u><u> profit margin times asset turnover.</u>

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2 years ago
Because manufacturers with jit systems produce merchandise closer to the time of sale, they can
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3 years ago
Which of the following is true of normal shortages? They do not include theft and shrinkage. These goods are no longer available
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Answer:

<h2>The correct answer here would be the 1st option given in the answer choices or options or They do not include theft and shrinkage.</h2>

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