Answer:
Yes, he can buy stock in Apple.
Explanation:
Since it’s a credit card you must subtract 330.19-50.00 = 280.19 then with the fine you add 280.19+4.20= 284.39. So the new balance is $284.39
Answer:
option 3 is correct answer that is $ 25000
Explanation:
Annual dividend paid to stakeholder = 5000\times $50\times 8% =$20,000
Dividend declared and paid in 2013 = $15,000
Preferred dividend = $20,000 -$15,000
= $5,000
since the available stocks are cumulative, No dividend has paid to common stockholders in the year 2014 until dividends in 2013 and annual dividends for the year 2014 are paid in full
therefore, $60,000 dividends declared and paid in 2014, the preferred stock holders will receive $5000 for 2013 dividend and $ 20,000 for 2014 dividends
total dividends received by preferred stock holder in 2014 $5000 + $20,000
= $25,000
Answer:
The journal entries are as follows:
(a) On April 1, 2015
Notes receivable A/c Dr. $7,000
To Service revenue $7,000
(To record provide services to customer on account)
(b) On June 1, 2015
Notes receivable A/c Dr. $11,000
To Cash $11,000
(To record company lends to one of the vendors)
(c) On November 1, 2015
Notes receivable A/c Dr. $6,000
To Accounts Receivables $6,000
(To record accepts payment for prior services)
