Answer:
Who Prepares a Company's Financial Statements? A company's management has the responsibility for preparing the company's financial statements and related disclosures. The company's outside, independent auditor then subjects the financial statements and disclosures to an audit.
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
"Labeling theory states that people come to identify and behave in ways that reflect how others label them. This theory is most commonly associated with the sociology of crime since labeling someone unlawfully deviant can lead to poor conduct."