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2 years ago

The date on which a cash dividend becomes a binding legal obligation is on the

Business

1 answer:

blsea [12.9K]2 years ago

5 0

Answer:

declaration date

Explanation:

The dividend declaration date is the date when the board of directors of a company announces the next dividend payment. The declaration date is generally released a few weeks before the actual dividend is paid.

The date of record is the date when the corporation identifies which shareholders will receive the dividend. The date of payment is the actual date when the dividends are distributed.

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A holder of a seller-server certificate serves an alcoholic beverage to an intoxicated person for a second time within a 12 mont

Hunter-Best [27]

According to the TABC, seller-server certification can be revoked if one is charged with breaking the laws concerning the sale of alcohol. The length of time that TABC certificate is revoked depends on the number of offenses committed within a period of 12 months. In this case, the holder made a second offence within 12 months, therefore, the holder will not be allowed to get a TABC certification again for 90 days. One is required to take some time off work since it appears he/she has a problem with breaking alcohol laws

5 0

2 years ago

Type the correct answer in the box. Spell all words correctly.

notka56 [123]

Answer:

Doubtful

Explanation:

The company will record the uncollectible $5,670 of its accounts receivable as a debit to uncollectible accounts expense and a credit to the DOUBTFUL account.

This is evident in the fact that the bad debt allowance method has three main principles which are:

1. Calculate uncollectible receivables

2. Debit bad debt expense and credit allowance for doubtful accounts in the journal entry

3. Debit allowance for doubtful accounts and credit the corresponding receivables account when it is time to write off the account.

8 0

2 years ago

Riverside Ranch is a horse breeding facility. Dynasty Stables is a customer looking for a new stallion for its breeding program.

marshall27 [118]

Answer: a. an express warranty

Explanation:

An EXPRESS WARRANTY refers to spoken or written promises or guarantees made by the seller about the performance of a product when negotiating with a buyer.

For example, "this product is guaranteed against wear and tear for at least 2 years".

Roy Mustang in this scenario made an explicit promise about the effectiveness of the Stallion and as such that constitutes an EXPRESS warranty.

It is worthy of note that for Express Warranties, the word Warranty does not even need to be included for the promise to be a warranty.

5 0

2 years ago

Although several bulbs have burned out on the movie buff theater's sign at the entrance and the letters are not completely forme

andre [41]

Based on the scenario, the gestalt principle that best accounts for this phenomenon of which Caleb can still read the announcement despite of the fact that the letters are not completely formed is because of the gestalt principle of closure. This law explains of how an individual could see incomplete objects because of how perception fills the visual gap of an individual.

6 0

3 years ago

Read 2 more answers

On January 1, Miami Gold Exchange paid cash of $64,800 for computers that are expected to remain useful for six years. At the en

Dmitry_Shevchenko [17]

Answer: See explanation

Explanation:

The amount of depreciation for the month of January using the straight line depreciation method will be:

= (Cost - Salvage Value) / Life of Assets / 12 Months

= ($64,800 - $0) / 6 Years / 12 Months

= $10800/12

= $900 per month

The adjusting entry for depreciation on January 31 will be:

Dr Depreciation Expense - Computer Equipment $900

Cr Accumulated Depreciation-Computer Equipment $900

(To record the depreciation expense)

4 0

2 years ago