subject
Business, 26.09.2019 16:30 officialrogerfp3gf2s

On february 15, jewel company buys 7,500 sharfernwood company is preparing the company's statement of cash flows for the fiscal year just ended. the following information is available: retained earnings balance at the beginning of the year $ 308,000 cash dividends declared for the year 68,750 proceeds from the sale of equipment 118,000 gain on the sale of equipment 6,750 cash dividends payable at the beginning of the year 30,250 cash dividends payable at the end of the year 37,500 net income for the year 151,250 the ending balance in retained earnings is: es of marcelo corp. common stock at $28.58 per share plus a brokerage fee of $425. the stock is classified as long-term available-for-sale securities. this is the company’s first and only investment in available-for-sale securities. on march 15, marcelo declares a dividend of $1.20 per share payable to stockholders of record on april 15. jewel received the dividend on april 15 and ultimately sells half of the marcelo stock on november 17 of the current year for $29.35 per share less a brokerage fee of $275. the journal entry to record the purchase on february 15 is:

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 07:30, davidleew24
Jewelry manufacturers produce a range of products such as rings, necklaces, bracelets, and brooches. what fundamental economic question are they addressing by offering this range of items?
Answers: 3
image
Business, 22.06.2019 11:00, cedricevans41p4j3kx
The following information is available for ellen's fashions, inc. for the current month. book balance end of month $ 7 comma 000 outstanding checks 700 deposits in transit 4 comma 500 service charges 120 interest revenue 45 what is the adjusted book balance on the bank reconciliation?
Answers: 2
image
Business, 22.06.2019 19:10, kingjustin0825
Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.
Answers: 3
image
Business, 22.06.2019 19:30, Lucid4465
Which of the following constitute the types of unemployment occurring at the natural rate of unemployment? a. frictional and cyclical unemployment. b. structural and frictional unemployment. c. cyclical and structural unemployment. d. frictional, structural, and cyclical unemployment.
Answers: 2
You know the right answer?
On february 15, jewel company buys 7,500 sharfernwood company is preparing the company's statement o...

Questions in other subjects: