Answer:
Explanation:
The journal entries are shown below:
1. Cash Dividend A/c Dr $122,838 (62,600 + 16,650) × $1.55
To Dividend payable A/c $122,838
(Being the dividend is declared)
2. Dividend payable A/c $122,838
To Cash A/c $122,838
(Being the dividend is paid)
3. Cash Dividend A/c Dr $142,97 (62,600 + 16,650 + 7,400) × $1.65
To Dividend payable A/c $142,973
(Bring dividend is recorded)
The <u>right to declare </u><u>dividends </u><u>on the common stock </u>is never directly granted to all shareholders of a publicly held corporation. To declare dividends on the common stock.
When a corporation declares a dividend, it offers the amount of the dividend and the elegance of stocks for which the employer will pay the dividend. every person keeping shares of dividend-paying common inventory has a right to the dividend as long as he holds the inventory at the "report" date.
The board of administrators issues a declaration declaring how a whole lot can be paid out and over what timeframe. This statement implies liability for the dividend payments.
Legally, businesses must have a credit score stability in Retained earnings with a purpose to claim a dividend. Nearly, a employer must even have a coins balance huge enough to pay the dividend and nevertheless meet upcoming desires, including asset growth and payments on existing liabilities.
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Answer:
<em>any paid form of non-personal communication about an organization, product, service, or idea by an identified sponsor.</em>
Explanation:
Yes, it is very true that in advertising of a product or something, we have to pay and it is not a personal communication as well, it just advertises and promotes a particular thing which it is paid for and it also provide services to its customers who post their advertisement, and it is platform where new ideas are been generated by the sponsor of that particular advertisement.
<span>Obviously, it will increase the supply line
because when the cost or the price of the production reduce/decrease the supply
line may increase. When the quantity of the product increase the prices of the
product decrease this is the analysis of supply increase.</span>
That statement is true
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