Answer:
The Diary Survey.
Explanation:
"The other national data sources and its publishing period are highlighted in the next cite:
"The Consumer Expenditure Survey (CE) is a nationwide household survey conducted by the U.S. Bureau of Labor Statistics (BLS) to find out how Americans spend their money. It is the only federal government survey that provides information on the complete range of consumers’ expenditures as well as their incomes and demographic characteristics. BLS publishes 12-month estimates of consumer expenditures twice a year with the estimates summarized by various income levels and household characteristics. BLS also produces annual public-use microdata files to help researchers analyze the data in more detail.
The CE consists of estimates derived from two separate surveys, the Interview Survey and the Diary Survey. The Quarterly Interview Survey is designed to collect data on large and recurring expenditures that consumers can be expected to recall for a period of 3 months or longer, such as rent and utilities, and the Diary Survey is designed to collect data on small, frequently purchased items, including most food and clothing. Together, the data from the two surveys cover the complete range of consumers’ expenditures. CE data are collected for BLS by the U.S. Census Bureau."
Reference: U.S. Bureau of Labor Statistics. “Consumer Expenditures and Income: Overview.” U.S. Bureau of Labor Statistics, U.S. Bureau of Labor Statistics, 2019
Answer:
(I)
retained earnings 92,400 debit
common stock 28,600 credit
additional paid-in 63,800 credit
(II)
retained earnings 924,000 debit
common stock 286,000 credit
additional paid-in 638,000 credit
(III) no entry required
Explanation:
22,000 x 10% = 2,200 new shares
market price:
2,200 X $42 = 92,400
book value
2,200 x $13 = 28,600
additional paid-in
63,800
100% sotkc dividends:
22,000 x 100% = 22,000 new shares
market price:
22,000 X $42 = 924,000
book value
22,000 x $13 = 286,000
additional paid-in
638,000
the stock split will not change the accounting as the total value fo the equity remains the same.
