Answer:
$51,200 was the cash dividends paid
Explanation:
Cash dividends paid=opening cash dividends payable +cash dividends declared-closing cash dividends payable
opening cash dividends payable is $27,000
cash dividends declared is $55,000
closing cash dividends payable is $30,800
cash dividends paid =$27,000+$55,000-$30,800=$51,200
The amount of cash transfers made in respect of shareholders dividends in the year is $51,200.
The logic is that the whatever is left unpaid at year end should be deducted from the balance owed year plus the new dividends declared this year
Answer:
The Journal entries are as follows:
(i) On December 31,
No entry
(ii) On December 31,
Amortization expense A/c Dr. $16,000
To Patents A/c $16,000
(To record the amortization expenses)
Workings:
Amortization expense:
= (Purchasing cost of patent ÷ Estimated useful life) × Time period
= ($144,000 ÷ 6) × (8/12)
= $24,000 × (8/12)
= $16,000
Answer:
B. A has more microstates than B.
Explanation:
Since on going from state A to state B the entropy is decreasing, that is the freedom of movement and the number of ways of arrangement is decreasing and thereby the number of microstates also decreases.
Therefore, A has more microstates than B.
Answer:
The correct answer is Assign costs of work process.
Explanation:
Among the main changes to be able to allocate costs, Julio must take the costs of work in process in a single account, instead of directly to different department accounts. This will ensure better control of the information, avoiding mistakes in the planning process.