Dividend declared journal entry

    • [DOC File]CHAPTER 16

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      Declared and paid a 20% stock dividend. The market value of the stock is $18 per share. (prepare one journal entry assuming this is a small stock divided and another assuming it is a large stock dividend). May 1, 2010. Purchased 30,000 shares of treasury stock at $20 per share.

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    • [DOC File]P14-1A

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      The journal entry to record the stock issuance would include a credit to Common Stock for . $20,000. ... What is the amount of cash dividends to be paid if a $2 per share dividend is declared? $70,000 Day Inc. has 5,000 shares of 5%, $100 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at ...

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    • [DOC File]CHAPTER 1

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      53. A mining company declared a liquidating dividend. The journal entry to record the declaration must include a debit to. a. Retained Earnings. b. a paid-in capital account. c. Accumulated Depletion. d. Accumulated Depreciation. 54. If management wishes to "capitalize" part of the earnings, it may issue a. a. cash dividend. b. stock dividend.

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    • [DOC File]WordPress.com

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      53. A mining company declared a liquidating dividend. The journal entry to record the declaration must include a debit to. a. Retained Earnings. b. a paid-in capital account. c. Accumulated Depletion. d. Accumulated Depreciation. 54. If management wishes to "capitalize" part of the earnings, it may issue a. a. cash dividend. b. stock dividend.

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    • Dividends Declared Journal Entry | Double Entry Bookkeeping

      For example, assume that the company in our previous example declares a 50% stock dividend. The company will issue 50,000 shares (100,000 shares x 50%) as a dividend to existing shareholders. The required journal entries are as follows: Declaration date. Retained earnings (50,000 x $5) 250,000. Common stock dividend distributable 250,000

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    • [DOC File]Practice Problem 2

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      May 07, 2010 · Issued the shares for the stock dividend. Dec. 1 Declared a $0.50 per share dividend to stockholders of record on December 15, payable January 5, 2011. Dec. 31 Determined that net income for the year was $350,000. Journalize the transactions and the closing entry for net income.

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    • [DOC File]The net effect to a corporation of the declaration and ...

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      Prepare the journal entry to record Tamasine Company's issuance of 5,000 shares of $100 par value 7% cumulative preferred stock for $102 cash per share. Assuming the facts in part 1, if Tamasine declares a year-end cash dividend, what is the amount of dividend paid to preferred shareholders? (Assume no dividends in arrears.

      journal entry to record dividends declared


    • [DOC File]Godgift

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      Feb. 15 Paid the dividends declared in the previous transaction. Recall that the company declared a dividend for one year on the $100, 5% preferred stock (5,000 shares issued) and of $0.80 per share on the shares of common stock (50,000 shares issued). Apr. 25 Purchased 2,000 shares of its own $10 par value stock at $17 per share.

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    • [DOCX File]ACCT20100

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      Entry I would have been used to eliminate the $135,000 Equity in Earnings of Aaron from the parent's income statement and from the Investment in Aaron Co. account. Entry D would eliminate the $5,000 current year dividend from Dividends Paid and the Investment in Aaron account balances. d.

      dividend received journal entry


    • [DOC File]Issuance of Common Stock example

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      Give the journal entry to record the stock dividend if the stock is selling for $100 per share when the dividend is declared. What factors might influence whether the company chooses a stock split or a stock dividend to double the shares? Example 5.

      dividends declared but not paid


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