A mining company declared a liquidating dividend the journal entry Free sex cunt chat
A dividend which is a return to stockholders of a portion of their original investments is aa. participating dividend.15 – 12 Test Bank for Intermediate Accounting, Twelfth Edition .0/msohtmlclip1/01/clip_image001.gif” 53. The journal entry to record the declaration must include a debit to a. limited to their property or service invested in the corporation. Which of the following is not a reason that corporations would issue two or more classes of shares? To free up more earnings for distribution to common shareholders. must be paid before dividends may be paid on common shares. The issuer of a 5% common stock dividend to common shareholders preferably should transfer from retained earnings to contributed capital an amount equal to the a. has no effect on total assets, liabilities, or shareholders' equity. If management wishes to "capitalize" part of the earnings, it may issue a b. At what amount should retained earnings be capitalized for the additional shares issued? There should be no capitalization of retained earnings 45. At the date of declaration of a small common stock dividend, the entry should not include a. If management wishes to “capitalize” part of the earnings, it may issue aa. Which dividends do not reduce stockholders’ equity? At what amount should retained earnings be capitalized for the additional shares issued? There should be no capitalization of retained earnings.
Cash dividends are paid on the basis of the number of shares c.
an expense of the period in which the shares is issued.
When shares are reacquired at a cost greater than their original issue price and cancelled, what account(s) should be debited? The share account for the average per share amount and retained earnings for the additional amount. “Gains" on sales of treasury shares should be credited to a. According to the CBCA, when a company purchases its own shares on the market c. Which of the following transactions does not result in an increase to retained earnings?
increases common stock outstanding and increases total stockholders’ equity. decreases retained earnings but does not change total stockholders’ equity. may increase or decrease paid-in capital in excess of par but does not change total stockholders’ equity.d. The issuer of a 5% common stock dividend to common stockholders preferably should transfer from retained earnings to contributed capital an amount equal to thea.
The declaration and issuance of a stock dividend larger than 25% of the shares previously outstandinga.