Answer:
Dividend Declared (SCE) $4,500 (credit)
Shareholders for Dividends (SFP) $4,500 (credit)
Explanation:
When Dividends are declared, we recognize an Equity Element - Dividend Declared and a liability (Present Obligation that arises with declaration) to the Shareholders of the dividend.
<u>Entry :</u>
Dividend Declared (SCE) $4,500 (credit)
Shareholders for Dividends (SFP) $4,500 (credit)
Dividend Calculation = 1,500 × $50 × 6%
= $4,500
Answer: Gemma took a <em>values inventory </em>in her career explorations class. This indicated to Gemma that money and status may mean a lot to her, but she also finds it healthy to maintain a work-life balance. The correct answer is B.
Explanation:
A values inventory is commonly given in school to help a student with their career goals. They are usually given a personality inventory, an aptitude assessment, and an interest inventory.
The values inventory worksheet has two separate sets of questions about life values and work values. On this worksheet, the student must choose from the columns of "must have, would like, and least important."
A few of the life values a student has to choose from are listed below.
1.) Being Healthy as can be.
2.) Having a happy family life
3.) Having a high status and prestige
4.) Having material possessions in life.
A few of the work values a student has to choose from are listed below.
1.) Being a leader at work.
2.) Working as a team member.
3.) Having experiences that are creative.
4.) Having job security.
Answer:
(D) Credit to Paid-In Capital from Treasury Stock for $800.
Explanation:
Please see attachment
