Answer:
Declaration date:
Dr retained earnings $26400
Cr dividends payable $26400
Payment date:
Dr dividends payable $26400
Cr Cash $26400
Explanation:
Total dividend declared is the number of shares multiplied by cash dividend per share
total dividend=$3*8,800=$26400
On the record date no entries are required since record date, is just about verifying the bonafide shareholders.
On declaration date,dividends payable would be credited with $26,400 while retained earnings is debited.
On payment date,dividends payable is debited and cash credited
Lisa changes her filing status on last years tax return, and her standard deduction went up. Which of these could have been the change she made? "Single" to "head of household". Due to Lisa becoming head of household, she is able to claim her family as a deduction.
Answer:
Demand schedule is a table that shows the quantity demanded for a goods and service at different stages, while a demand curve is a graphical representation that shows the relationship between quantity demanded and price of the goods and service.
A demand curve slopes downward for many reason's , some of which includes, price or income effect and substitution effect
A change in consumer taste and price can lead to a movement along the demand curve.
Explanation:
Demand schedule is a table that shows the quantity demanded for a goods and service at different stages, while a demand curve is a graphical representation that shows the relationship between quantity demanded and price of the goods and service.
A demand curve slopes downward for many reason's , some of which includes, price or income effect and substitution effect
A change in consumer taste and price can lead to a movement along the demand curve.
Answer:
Someone with a high credit score may be required to make a lower down payment.
Explanation:
A high credit score is an indication of good borrowing and repayment culture by an individual. It shows the individual makes prompt repayments on their debts, and they hardly miss on installments. A borrower with a high credit score is labeled as creditworthy or a low-risk customer.
A low credit score arises when a customer has a bad history of debt repayment. They have either defaulted or tend to miss on installments. A borrower with low credit is considered high-risk and likely to default on payments.
A lender will demand a high deposit from a borrower with a low credit score to cover for the high-risk involved in the transaction. A borrower with a high credit score is a low-risk customer and does not need to offer a high deposit to access credit.