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Sergio039 [100]
3 years ago
8

The declaration, record, and payment dates in connection with a cash dividend of $375,000 on a corporation’s common stock are Oc

tober 1, November 7, and December 15. Journalize the entries required on each date. If no entry is required, choose "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank.
Business
1 answer:
Natali5045456 [20]3 years ago
4 0

Answer and Explanation:

The Journal entry is shown below:-

October 1

Cash Dividends Dr, $335,000

         To Cash Dividends Payable $335,000

(Being a cash dividend is recorded)

November 7

No Journal entry is required

December 15

Cash Dividends Payable Dr, $335000

           To Cash  $335,000

(Being a cash dividend is recorded)

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Explanation:

You will have to compare the Accounts payable of the <em>current and previous year,</em> and check the diference.

If the current year Account Payable is higher then the previous year, this means Google didn't pay as much, so it "save" cash for that diference so the diference will be positive.

If the opposite ocours, then Google pay more than previous year, so the diference will be posted as negatinve in the cash flow statment.

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Resuming, compare current with previous for each account,

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4 years ago
In favor of raising fuel economy standards.
ivanzaharov [21]
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3 years ago
Last year, Tinklenberg Corporation's variable costing net operating income was $52,400 and its inventory decreased by 1,400 unit
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Answer:

The correct option is D,$41,200

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The demand curve in a purely competitive industry is down sloping , while the demand curve to a single firm in that industry is perfectly elastic.

<h3>What is demand curve?</h3>

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In a situation where the demand curve is down sloping this means that a manufacturer intend to go for the price of goods and service and the quantity demanded in order to  increase profit .

Inconclusion the demand curve in a purely competitive industry is down sloping.

Learn more about demand curve here:brainly.com/question/516635

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