One breif memos are awesome but sorry din't know
Preferred dividends = preferred shares x Par value of 1 preferred stock x Preferred dividend rate
Preferred dividend = 6000 shares x 11% x $2 = $1320
Total dividend paid in year 1= $640
Preferred stockholders will receive a cash dividend of $640 in the first year. Because preferred stocks are not cumulative, there will be no preferred stock divided in arrears in year 1.
Arrear of dividends = $1320 - $640 = $680
Total dividend in year 2 = $2190
Dividend paid on common stock in year 2 = dividend paid in year 2 - Annual preferred dividends
=> 2190 - 1320 = $870
Paid in Capital Common Stock in Excess to par = (35-9)*50,000=1,300,000
Paid in Capital Common Stock in Excess to par is the difference between the par value of the share and the market value or fair value it was sold at, in this case the par value per share was 9 and market value was 35 , there fore we multiplied their difference by 50,000 to get the total difference.
Explanation:
An individual customer's account receivable is recorded in the customer's ledger account and then summarized with all other customers accounts on the balance sheet as accounts receivable.
Explanation:
The ledger account that provides a subsidiary ledger's account balances is called a control account. The subsidiary ledger collects the transaction data of individual creditors. The accounts received by the subsidiary ledger have a separate account for each customer who makes credit purchases.
The sum of the balances of the subsidiary ledger should equal the balance of related controlling account. it supports the controlling accounts in general ledger.
The balance sheet is the summary of current balances in the firm's Assets, liabilities, and equities accounts.
The common subsidiary ledges are accounts payable ledger, accounts receivable ledger, fixed assets ledger, inventory ledger and purchases ledger.
Answer:
one example of unprofessional speech habit is slouching or fidgeting while talking to your audience and one professional example is making eye contact with your audience
Explanation:
