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Effectus [21]
3 years ago
13

On November 27, the board of directors of Beth Company declared a $.60 per share dividend. The dividend is payable to shareholde

rs of record on December 7 on December 24. Beth has 25,500 shares of $1 par common stock outstanding at November 27. Journalize the entries needed on the declaration and payment dates. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
Date Account Titles and Explanation Debit Credit
Nov. 27
Dec. 24
Business
1 answer:
Darina [25.2K]3 years ago
7 0

Answer:

November 27, 202x, dividends are declared $0.60 per stock and payable on December 24.

Dr Retained earnings (25,500 x $0.60) 15,300

    Cr Dividends payable 15,300

December 24, 202x, dividends are distributed based on the December 7 record.

Dr Dividends payable 15,300

    Cr Cash 15,300

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Channel members can help producers by identifying customer complaints, customer preferences, and new competitors in the market.
butalik [34]

Answer:

communication

Explanation:

communication function of channel intermediaries.

Channel intermediaries are responsible for making sure that the product is available at the appropriate quantities, at the right time and place for end user consumption. They also serve as a means of communication between the consumer and producer concerning such issues as product quality.

5 0
3 years ago
Stadford, Inc. is financed with 40 percent debt and 60 percent equity. This mixture of debt and equity is referred to as the fir
miss Akunina [59]

Answer: (A) Capital structure

Explanation:

The capital structure is basically refers to the overall financial operation in an organization for the growth of the company. The combination of the debt and the equity is basically known as capital structure.

The equity is basically refers to the common and the preferred stock and the debt is one of the form of bond issue.

Therefore, the mixture of 40 percent debt and the 60 percent of the equity is refers to capital structure.

3 0
3 years ago
When the macroeconomic equilibrium is such that real GDP exceeds potential real GDP, the economy is suffering from ________, and
guajiro [1.7K]
Base on my research, the gap that is stated in the problem is the inflationary gap. This is the amount of the real GDP go beyond potential full-employment GDP. Upon eliminating this gap the government forms a policy that will allow the potential GDP to be equal to the real GDP and higher the price level. 
7 0
3 years ago
Place each of the folowing transactions in one of the four components of expenditures:a. Boeing sells an airplane to the Air For
ozzi

Answer:

Boeing sells an airplane to the Air Force is purchases by the Government

Boeing sells an airplane to the American Airlines is Investment

Boeing sells an airplane to the Air France is net exports

Boeing sells an airplane to the Amelia Earhart is Consumption

Boeing builds an airplane to be sold next year is an Investment

Explanation:

Purchases by Government represent goods and services bought by Federal,State or Local tier of Government and Air Force is part of the Government

Investment refers to goods bought in order to produce other goods or services,since American Airlines would convey passengers in the airplane,no doubt it is an investment.

Net export exports relate to worth of goods and services provided to other nations less the value of such goods and services the foreign nations provided to ours.Since the sale to a foreign company,it is ultimately a net exports taking import as zero.

Consumption refers to sale of goods and services to private individuals intended for private use.

Building up stock for sale next year is an investment in inventory.

5 0
3 years ago
Describe good cash management practices involving inventory purchases. (Check all that apply.) Multiple select question. Buyers
Goshia [24]

Answer:

Invoices should be paid on the last day of the discount period.

Buyers should take advantage of early payment discounts.

Explanation:

Cash management can be regarded as

process involvinh collection and management of cash flows. Cash management is very crucial for individuals as well as companies as far as financial stability is concerned. It should be noted that good cash management practices involving inventory purchases;

✓Invoices should be paid on the last day of the discount period.

✓Buyers should take advantage of early payment discounts.

7 0
3 years ago
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