The correct answer is B. A debit to common stock distributed.
<em>The entry will be stock dividends debit, paid-in capital which is in excess per common credit stock, stock dividends which are being distributed.</em>
In credit entry it records distribution and declaration of stock dividend which includes the debit to the retained earnings and also a credit to the common stock.
I believe the answer is a circut breaker
Answer:
government's policy.
Explanation:
Govenment policies on tax decide what to tax and where to allocate the resources of the tax.
Answer:
$4,400
Explanation:
The bank reconciliation is one done between the balance per the books and balance per the bank statement. This is usually as a result of transactions known as reconciling items.
These are items that have either been recognized in books but yet to be recorded by the bank or vice versa, transactions recorded wrongly by one of the parties etc.
The adjusted cash balance is the balance after all the transactions omitted from the cash balance have been considered.
Deposits in transit at month-end $ 1,900 - No adjustments required
Outstanding checks at month-end $ 570 - No adjustment required
Bank service charges $ 30 - To be deducted
EFT automatically deducted monthly, not yet recorded by Maxi $ 480 - To be deducted
An NSF check returned on a customer account $ 315 - To be deducted
Adjusted cash balance = $5,225 - $30 -$480 - $315
=$4400
Theres no equation sorryy
