Answer:
35,000 stocks
Explanation:
Dividends can be either distributed in cash or distributed as new stock. In this case the company decided to issue stock instead of cash payments. Since the company has 500,000 outstanding and the board declared a 7% dividend, then 35,000 stocks should be issued (= 500,000 x 7%).
Whether shareholders receive money or stocks, they still have to include the dividends as part of their gross income.
Answer:
I can't figure it out sorry
<span>Direct interview requests include of all of the following techniques EXCEPT: a. Requesting an interview through an employment agency. Direct interview requests includes:
</span>>Requesting an <span>interview during a personal visit to the company.
></span>Requesting an interview during a personal visit to the company.
><span>Requesting an interview through a telephone call.</span>
Answer:
uncollectible ammount expense 47,972 debit
allowance for doubtful account 47,972 credit
Explanation:
Fro mthe talbe we are given the amount of account over-time fro meach customer.
As we are presented with all date we should proceed directly with the journal entry:
the aging method stated an allowance of 60,727
the current balance is for <u> (12,755) </u>
the adjustment will be for: <em> 47,972 </em>
Answer:
The income statement
Explanation:
The income statement is the document prepared accountants showing the earning of a company at the end of a financial year. The income statement is the profit and loss statement. It tells the business owners and other stakeholders how much profits the business has made. The income statement communicates vital information regarding business performance, such as total revenues, gross profits, and net expenses.
The income statement does not give all the business the information. Accountants will also prepare the balance sheet. A balance sheet shows the assets and liabilities of the business.
A cash flow statement is also prepared. It shows how much cash is available to pay bills, salaries, and debts.
