Parrish 1-3 #3 I need the equation to solve how to find the amount of Dividends declared Revenue for 2028 $5000 Dividends delcared in 2028 is Unkown Expneses for 2028 $4000 RE 1/1 $8000 RE 12/31 $3000 Please specific and detailed any tell why and how you are arriving at the answer for the missing amount of Dividends declared.

Parrish 1-3 #3 I need the equation to solve how to find the amount of Dividends declared Revenue for 2028 $5000 Dividends delcared in 2028 is Unkown Expneses for 2028 $4000 RE 1/1 $8000 RE 12/31 $3000 Please specific and detailed any tell why and how you are arriving at the answer for the missing amount of Dividends declared.

Name: Parrish 1-3 #3I need the equation to solve how to find the amount of D
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Description: Parrish 1-3 #3I need the equation to solve how to find the amount of Dividends declaredRevenue for 2028 $5000Dividends delcared in 2028 is UnkownExpneses for 2028 $4000RE 1/1 $8000RE 12/31 $3000Please specific and detailed any tell why and how you ar

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter1: Accounting And The Financial Statements

Section: Chapter Questions

Problem 56BPSB: Problem 1-563 Applying the Fundamental Accounting Equation At the beginning of 2019, KJ Corporation...

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Problem 1-563 Applying the Fundamental Accounting Equation At the beginning of 2019, KJ Corporation had total assets of $525,100, total liabilities of $290,800. common stock of $100000. and retained earnings of $134,900. During 2019. KJ had net income of $205,500. paid dividends of $70,000. and 1ssued additional common stock for $36,000 KJs total assets at the end of 2019 were $10,100. Required: Calculate the amount of Liabilities that KJ must have at the end of 2019 in order for the balance sheet equation to balance.
Problem 1-56A Applying the Fundamental Accounting Equation At the beginning of 2019 Huffer Corporation had total assets of $232,400 total liabilities of $94,200 common stock of 5501000. and retained earnings of $88,200. During 2019, Huffer had net income of $51,1501 paid dividends of 510,000. and issued additional common stock for $15,000. Huffers total assets at the end 01'2019 were $285,500. Required: Calculate the amount of liabilities that Huffer must have at the end of 2019 m order for the balance sheet equation to balance.
1-9 (5) Please sovle the following Revenues for 2028 unknown Dividends declared in 2028 $80,000 Expenses for 2028 $70,000 Jan 1 retained earnings balance $28,000 Dece 31 retained earnings balance $32,000
Parrish 1-3 #1 Please show me how to find the ending balance of Retained Earnings. Please use the equation and not a diagram to show and explain. Revenue $8000 Dividends declared $1000 RE 1/1 $5000 RE 12/31 $ UNKOWN
Parrish 1-9 Pg 18 Please solve the following problems and show me how you arrived at the correct answer 1) Reveneues $18000 Dividends declared $6000 Expenses $10000 Jan 1 RE $4000 Dec 31 RE $UNKNOWN 2) Revenues $63000 Dividends declared $21000 Expenses $38000 Jan 1 RE $UNKNOWN Dec 31 RE $16000 3) Revenues $46000 Dividends declared $UNKOWN Expenses $30000 Jan 1 RE $13000 Dec 31 RE $22000 4) Revenue $97000 Dividends delcared $0 Expenses $UNKOWN Jan 1 RE $36000 Dec 31 $57000 5) Revenue $UNKOWN Dividends declared $80000 Expenses $$70000 Jan 1 RE $28000 Dec 31 $32000
Parrish pg 13 Please show me how to find the missing amount in the followig questions. I need the equation on how to solved 4) Revenues $6000 Dividends declared $0 Expenses $Unknown 1/1 RE $12000 12/31 RE $8000 5) Revenue $Unknown Dividends $3000 Expenses $6000 1/1 RE $8000 12/31 RE $9000
Q.2 Prepare Balance Sheet for the year ended 2008 along additional information. Prepare notes to the financial statements of all the possible figures. You can use only the figures given in the paper in order to prepare notes to the financial statements. Following is the information for Attock Cement limited. All the figures are in millions. a.Dividend to Preferred Stock Holders = Rs. 25/Share b.Cash and cash equivalents = $9000, c.Trade debt = $4000, d.Prepaid Insurance = $5,000, e.Land = $55,000, f.Trade credit = $16,700 g.Stock in trade = $5000 h.Long term bank loan = $45,000, i.Sales Revenue = $7,000, j.Gross Profit = $5,000, k.Operating expenses = $3000, l.Building = $3500, m.Mortgage loan = $3,500, n.Current portion of liability against asset subject to finance lease = $10,000, o.Reserves = $30,000 p.Marketable securities = $23,700, q.Asset subject to finance lease = $50,000 r.Issued, Subscribed and Paid-up Capital = $40,000 s.Authorized Capital = $100,000 t.Long term portion of…
Need clarification on an answer I was given. The problem was to find out the cost of Dividends declared. Revenue $5000 Dividends declared??? $Unkown Expenses $4000 RE 1/1 $8000 RE 12/31 $6000 I was givent this equation on how to solve and find the unknown Dividends declared. DD=RE 1/1+Revenue-Expenses-RE 12/31 DD=$8000+$5000-$4000-$3000 DD=$6000 He or She then added this 1) RE 1/1 balance is $6000 2) RE 12/31 is $9000 3) Dividend Declared $6000 **So how did he get the new amounts for REs?***
Please solve the following and explain in steps how you came to your answer Revenue for 2028 $6000 Dividends declared in 2028 $0 Expenses for 2028 ???? January 1 retained earnings balance $12000 December 31 retained earnings balance $8000
Retained Earnings, Stockholder's Equity, Owner's Capital1) What is the difference between the three accounts listed above?2) Are Dividends withdrawn from both RE or SE? What Financial Statements do Dividends appear on?3) Are Dividends CR or DR4) What type of account is Owner's Drawings? What statement does it appear on? Is it CR or DR? Is it similar to Dividends if so how and if not how?
Please solve and explain in steps how you came to your answer. Revenues for 2028 $5000 Dividends declared in 2028 ??? Expenses for 2028 $4000 January 1 retained earnings balance $8000 December 31 retained earnings balance $3000
Problem 2-13 Statement of Retained Earnings (LG2-1) Mr. Husker’s Tuxedos Corp. began the year 2018 with $258 million in retained earnings. The firm earned net income of $34 million in 2018 and paid dividends of $8 million to its preferred stockholders and $15 million to its common stockholders. What is the year-end 2018 balance in retained earnings for Mr. Husker’s Tuxedos? (Enter your answer in millions of dollars.)