The type of dividend that does not affect total assets and total shareholders' equity is a. share capital dividend b. property dividend c. cash dividend d. scrip dividend

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A: Introduction:- An Internal Service Fund is one that primarily offers benefits, commodities, or…

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A: Solution:- a)Allocate the costs of service departments using step down method as follows under:-…

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A: Yearly amortization of license = R150 00010 years = R15,000

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A: A cash budget is a statement showing the expected cash receipts and cash payments during a given…

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A: Given: Actual : Variable factory overhead $285,200 Fixed factory overhead 70,000 Standard: 6,000…

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A: Lets understand the basics. Management prepares cash collection and cash payment schedule so that to…

Q: REQUIRED: Compute the lease rentals payable which will make the firm indifferent to the loan.

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A: TR= 250000/48%=520,833.33 Balance = 520833.33-180000 = 340833.33   TC balance =…

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A: Journal is an accounting book that records the monetary transactions through debit or credit…

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A: Blue Company Journal Entry  Date particulars Amount Dr. Amount Cr. 11-12-22…

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A: In the context of the given question, we can solve the question by using the Walter Model. The…

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A: Gain shall be the difference between sales price and the fair market value on the date of Jason’s…

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A: The significant tax implication for the year are summarized by calculating the Adjusted tax basis of…

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A: The correct answer for the above mentioned question is given in the following steps for your…

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A: Solution:- Given, Salary = $132,000/year other employees earn = $45,000 each

Q: Oriole Corporation has 74,000 shares of common stock outstanding It declares a $2 per share cash…

A: Formula: Dividend amount = Number of outstanding shares x Dividend per share

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A: Equity Section: Stockholders' equity, often known as owner's equity, is the portion of a balance…

Q: G. The following information is taken from the adjusted on December 31, 200F: P 118,0C 2,60 420,00…

A: Income Statement (Functional Format)   Particular Amount  Amount  Net sales   412400 Cost of…

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A: An auditor who is called an engagement partner(who has the responsibility to issue an opinion) must…

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A: The dividend is declared to the shareholders from the retained earnings of the business.

Q: Debit Credit Cash $31,000 Accounts Receivable 7,400 Prepaid Insurance 21,000 Accounts Payable…

A:

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A: The question is based on the concept of Cost Accounting. Direct material price variance is the…

Q: Problem 7-22 Adoption Expenses (LO 77) Carl and Jenny adopt a Korean orphan. The adoption takes 2…

A: Given: Adoption expenses in 2020 = $7000 Adoption expenses in 2021 = $7,500 Carl and Jenny have AGI…

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A: Note: Hi! Thank you for the question, As per the honor code, we are allowed to answer three…

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Q: The Bomb Pop Corporation sold ice cream equipment for $18,500. The equipment was originally…

A: Formula: Gain = Sale value - Net book value of Asset

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A: A production budget seems to be a statement that analyzes and provides manufacturing data. This is a…

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A: Total department costs = Total variable cost + Total fixed cost where, Total fixed cost = Supervisor…

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A: The question is related to General Journal for the year 2020 and 2021.

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A: Introduction : The discrepancy between the standard cost of materials generated from production…

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A: Lease is a contract between two parties in which one party is authorized to use the assets. The…

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A: Future Value = P + (P * R * T)Where P = Present Value R = Rate of InterestT = Time

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A: Overhauling an engine in a large truck- Ordinary Maintenance and Repairs Exterior and interior…

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A: Future value of an annuity shows the value of investments we have in the future time period.

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A: Formula: Gross profit = Sales revenue - cost of goods sold

Q: P!

A: In this question, we have to calculate the value of a stock using earning approach.

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A: Endowment income reinvested in the endowment fund us exempt from tax

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A: Given, Cost= $150,000 Residual value= $10,000 Estimated life= 4 years Estimated life in hours= 1200…

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A: Dates: December 1: Declaration date December 30: Record date January 15: Payment date   Journal…

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A: Given, Principal amount= $95,000 Time period= 15 years Annual percentage rate= 6%   The next step…

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A: Internal Rate of Return: The internal rate of return (IRR) is a financial research indicator that is…

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A: A business partnership is a sort of commercial entity in which two or more people or entities own…