Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Accounting Basics Expert

At the beginning of 2013, George company had retained earnings of $180,000. During the year George reported net income of $75,000, sold treasury stock at a "gain" of $27,000, declared cash dividend of $45,000, and declared and issued a small stock dividend of 1,500 shares ($10 par value) when the fair value of the stock was $30 per share. what is the amount of retained earnings available for dividends at the end of 2013?

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M941594

Have any Question? 


Related Questions in Accounting Basics

Accounting concepts and practices assignment-you are an

Accounting Concepts and Practices Assignment- You are an accountant at WCP Accountants & Investment Advisers. You have been approached by a client for your professional advice on investing in Woolworths Ltd. Your client ...

Reference example example in text citation she stated

Reference example: Example : In text citation : She stated, "Students often had difficulty using APA style" (Jones, 1998, p. 199), Reference citation: Bernstein, M. (2002). 10 tips on writing the living Web. A List Apart ...

Pinciples of accounting5-6 pages body of paper only

Pinciples of Accounting 5-6 pages (Body of Paper only) Excluding title page and work cite You will select a company from this list, and you will analyze the company's financial performance, highlighting accounting princi ...

Assignment - review of current accounting issuestaskfor

Assignment - Review of Current Accounting Issues Task For this assignment assume that you are the senior accountant working for a major firm. Question 1 - The CEO has forwarded to you an interesting article and requires ...

Fbl5030 fundamentals of vlaue creation in business

FBL5030 FUNDAMENTALS OF VLAUE CREATION IN BUSINESS ASSIGNMENT ASSIGNMENT REQUIREMENTS- 1. The following is a list of 10 organisations/companies, one of which will be the subject of your analysis. CODE                   C ...

Accounting papermany companies use leases to acquire higher

Accounting Paper Many companies use leases to acquire higher priced assets. Leasing is an important activity for many entities. Presently some leases are capitalized and some are treated as operating leases. Opponents of ...

Nonfinancial performance measuresalpha university wishes to

Nonfinancial performance measures Alpha University wishes to monitor the efficiency and quality of its course registration process. a. Identify three input and three output measures for this process. b. Why would Alpha U ...

Principleswhat is income according to gaapwhat concepts do

Principles What is income according to GAAP? What concepts do the differences in the three income measures for The Caddie Shack Driving Range illustrate?

On 30 june 2006 salohcin ltd entered into a nonshy

On 30 June 2006, Salohcin Ltd entered into a non­ cancellable lease with Ffoeg Ltd, for a period of 4 years. The lessor is a Manufacturer/Dealer of the leased equipment. The leased asset is a specific item of industrial ...

1 match the following definitions to the appropriate

1. Match the following definitions to the appropriate terms. Potential Matches: 1 : Due professional care 2 : Sufficient understanding of internal control 3 : Adequacy of informative disclosures Answer : Standards of fie ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate