Answer:
Date Accounts Titles and Explanations Debit Credit
Sept, 11 Cash $450
2016 Sales $450
(To record the Cash Sales)
Sept, 11 Warranty Expenses $40.50
2016 ($450 x 9%)
Estimated Warranty Payable $40.50
(To record the Warranty Expenses)
July, 24 Estimated Warranty Payable $32
2017 Repairs Parts Inventory $32
(To record the material taken from Inventory)
Answer:
The appropriate solution is "$130,000".
Explanation:
The given values are:
No. of common shares outstanding
= 50,000
Dividend per share
= $1.80
No. of preferred shares outstanding
= 8,000
Dividend per share
= $5
Now,
The total dividend on common shares will be:
= 
On substituting the values, we get
= 
= 
($)
The total dividend on preferred stock will be:
= 
On substituting the values, we get
= 
= 
($)
Hence,
The total dividend paid by company will be:
= 
= 
= 
($)
Thus the above is the correct answer.
I believe it's B but I am not positive. I'm taking the test right now.
The financial statement effects template records Lowe's purchases for the fiscal year ended February 28, 2019 as follows:
Transaction Assets = Liabilities + Equity
Purchases $0 + $49,569 = $49,569 + $0
Inventory Accounts Payable
The accounts equally affected by the purchases on account are the Inventory and the Accounts Payable.
Data Analysis:
Merchandise Inventory $49,569 Accounts Payable $49,569
Thus, with the purchases of merchandise during the fiscal year at a cost of $49,569, the Assets (inventory) and Liabilities (accounts payable) are increased by the same amount.
Related question on the financial statement effects at brainly.com/question/16362041
