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MAXImum [283]
3 years ago
11

On January 2, Year 3, Lake Mining Co.’s board of directors declared a cash dividend of $400,000 to shareholders of record on Jan

uary 18, Year 3, payable on February 10, Year 3. The dividend is permissible under law in Lake’s state of incorporation. Selected data from Lake’s December 31, Year 2 balance sheet are as follows: Accumulated depletion $100,000 Capital stock 500,000 Additional paid-in capital 150,000 Retained earnings 300,000 The $400,000 dividend includes a liquidating dividend of
A) $0
B) $100,000
C) $150,000
D) $300,000
Business
1 answer:
den301095 [7]3 years ago
8 0

Answer:

I think the answer to this question is c

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Answer:

Explanation:

Bank Reconciliation: The bank reconciliation deals with the bank statement balance and the cash statement balance. The motive is to compare these two statements so that the organization can run in the smoothly manner.  

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The journal entries are shown below:

a. No journal entry required

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d. No journal entry required

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8 0
3 years ago
PLEASE HELP ME!
cestrela7 [59]
If I'm not mistaken the answer is B - demographics
8 0
2 years ago
Read 2 more answers
What is your opinion on traditional directed government benefits versus<br> universal income?
Elodia [21]

Answer:

I believe that a form of universal income would be a better policy than the traditional directed government benefits or welfare.

Explanation:

This is because the idea of the universal income would be to replace the welfare programs, by giving people a reasonable amount of money so that they can decide by themselves in what utilities or amenities to spend that money.

Programs with poor incentives like food stamps, or inefficiently run public-programs, could be replaced by universal income without causing harm to ther beneficiaries, and possibly even generating more benefit.

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2 years ago
Many young people must do which of the following in order to acquire job training?
bekas [8.4K]

Answer:

The answer is D

Explanation:

In order to achieve your goals one will want to read about there chosen job.

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Answer:

D) licensing

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