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natali 33 [55]
4 years ago
11

On January 1, Sway Corporation had 60,000 shares of $10 par value common stock outstanding. On March 17, the company declared a

15% stock dividend to stockholders of record on March 20. Market value of the stock was $13 on March 17. The stock was distributed on March 30. The entry to record the transaction of March 30 would include a:
a.credit to Cash for $90,000.
b. debit to Common Stock Dividends Distributable for $90,000.
c. credit to Paid-in Capital in Excess of Par for $27,000.
d. debit to Stock Dividends for $27,000.

Business
1 answer:
Genrish500 [490]4 years ago
3 0

Answer:

Explanation:

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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As the bookkeeper of a new start-up company, you are responsible for keeping the chart of accounts up to date. At the end of eac
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Which of the following is true of economies in the base of the global economic pyramid? a. They are composed of developed econom
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Answer:

The answer is: D) They attract the largest FDI from MNEs. If you consider FDI´s share of the country´s GDP

Explanation:

The countries that are located in the base of the global economic pyramid are all underdeveloped and poor countries, so no North America, Europe, Japan, China, or Australia. If you consider the total nominal amount of Foreign Direct Investment (FDI) by Multinational Enterprises (MNEs) in the world, the countries that receive the most of them usually have large economies or high GDP per capita (only Brazil is an exception) like the US, China, Belgium, Canada, France, Russia, Singapore, etc.

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Aggregate supply (as) denotes, while holding the price of inputs fixed, the <u>price level of output</u> that firms choose to produce and <u>GDP.</u>

<h3>What is aggregate supply?</h3>

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