Answer:
See the journal entry below
Explanation:
Retained earnings A/c Dr $500,000
Dividends payable A/c Cr $500,000
Here, cash dividend is being declared by the board on 100,000 shares hence the account of retained earnings is debited and account of dividends payable is credited.
NB.
Amount = Share × Price per share
Given that;
Share = 100,000
Price per share = $5
Amount
= 100,000 × $5
= $500,000
Answer:
Collective bargaining
Explanation:
Collective bargaining is the process in which working people, through their unions, negotiate contracts with their employers to determine their terms of employment, including pay, benefits, hours, leave, job health and safety policies, ways to balance work and family, and more.
Answer:
excuse me but where is the phrase?
There are different kinds of marketing strategy. Sales promotion is a type of strategy is being used by a car rental agency when it describes itself as the only rental company with a door-to-door service.
<h3>What is door-to-door
promotion?
</h3>
- Door-to-door is known as a type of technique that is often used for sales, marketing, advertising, etc. This boast the sales of a product or services such as cars.
Tis is when a person or persons walk from the door of one house to the door of another, so as to sell or advertise a product. In the case of the car company, they deliver at home for ease to their customer and drives sales upward.
Learn more about Sales promotion from
brainly.com/question/1312782
Answer:
April 1 The company issued 9,000 stocks at $11 per stock
- Dr Cash account 99,000
- Cr Common Stock account 99,000
June 15 Cash dividends are declared $1.50 per stock
- Dr Retained Earnings account 103,500
- Cr Dividends Payable account 103,500
July 10 The company paid the dividends
- Dr Dividends Payable account 103.500
- Cr Cash Account 103,500
December 1 The company issued 4,000 stocks at $12 per stock
- Dr Cash account 48,000
- Cr Common Stock account 48,000
December 31 Cash dividends are declared $1.60 per stock
- Dr Retained Earnings account 116,800
- Cr Dividends Payable account 116,800
