Business, 25.11.2021 14:00 QueenYaya

On January 1, Sheffield Corp. had 56,600 shares of no-par common stock issued and outstanding. The stock has a stated value of $4 per share. During the year, the following transactions occurred. Apr. 1 Issued 9,000 additional shares of common stock for $10 per share.
June 15 Declared a cash dividend of $1.50 per share to stockholders of record on June 30.
July 10 Paid the $1.50 cash dividend.
Dec. 1 Issued 3,900 additional shares of common stock for $11 per share.
15 Declared a cash dividend on outstanding shares of $1.60 per share to stockholders of record

Required:
Prepare the entries, if any, on each of the three dates that involved dividends.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 07:20, amcdonald009

Suppose that real interest rates increase across europe. this development will u. s. net capital outflow at all u. s. real interest rates. this causes the loanable funds to because net capital outflow is a component of that curve.

Answers: 1

continue

Business, 23.06.2019 16:00, ayoismeisalex

Which best describes which careers would work in offices? 1.marketing information management and research, distribution and logistics, and marketing communications and promotion employees can work in offices.2.all marketing, sales, and service employees can work in offices.3.all marketing, sales, and service employees except those in management and entrepreneurship can work in offices.4.sales and service employees work in offices, but marketing employees do not

Answers: 1

continue

Business, 23.06.2019 22:00, naomicervero

According to federal regulations, an irb must have at least two community members to fulfill membership requirements; one member whose expertise is not in a scientific area and one member who is not affiliated with the institution.

Answers: 1

continue

Business, 24.06.2019 01:30, PLEASEHELP4528

Is defined as a "flaw or weakness in system security procedures, design, implementation, or internal controls that could be exercised (accidentally triggered or intentionally exploited) and result in a security breach or violation of the system's security policy."?

Answers: 1

continue

You know the right answer?

On January 1, Sheffield Corp. had 56,600 shares of no-par common stock issued and outstanding. The s...