Answer and Explanation:
The Journal entry is shown below:-
Retained earning Dr, $3.932 B
To Dividends payable $3.932 B
(Being dividend declared is recorded)
Working Note
Retained earning = 7.71 B × $0.51
= $3.932 B
Therefore for recording the dividend declared we simply debited the retained earning and credited the dividend payable.
Answer:
Explanation
Month.
1. 2. 3
Infows
Bal b/f. (60,060)(42,120)
Sales 50,440. 78000
Sales 50,440. 78,000
Sales. 50440
Outflows
Purchases 91000 91,000. 91,000
Wages. 19500. 19500. 19500
Bal c/d. (60,060 )(42,120)(24180)
Answer:
A. Increase cash by $120,000 and increase contributed capital by $120,000
Explanation:
when a company issues common stock then the company's cash balance and shareholders fund increases.
in this case, the company issued 2,500 shares of common stock at price $48;
The effect increase cash = 2,500*48
= $120,000
The effect increase contributed capital = 2,500*48
= $120,000
Therefore, The the correct balance sheet effect is, increase cash by $120,000 and increase contributed capital by $120,000.
In the context of the 5S principles, <u>sustain </u>means to keep a process going through training, communication, and organizational structures.
<h3>What is 5S principles? </h3>
5s principles can be defined as the principle that help to show the appropriate way a work place or work environment should be or should be arranges .
The 5S principle are:
- Sort
- Set in order
- Shine
- Standardize
- Sustain
Therefore In the context of the 5S principles, <u>sustain </u>means to keep a process going through training, communication, and organizational structures.
Learn more about 5s principles here:brainly.com/question/10001029
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