Q50. Review questions 5 (1) Entity A issued 20,000 shares of common stock at $26 per share. The par value … More
Category: Journal Entry Examples
Journal Entry Review Questions 4
Q49. Review questions 4 (1) Entity A issued $800,000 bonds at a discount and received $780,000 in cash. (2) Entity … More
Journal Entry Review Questions 3
Q48. Review questions 3 (1) Entity A recorded annual depreciation expense of $4,300. (2) Entity B accrued $9,200 salaries expense … More
Journal Entry Review Questions 2
Q47. Review questions 2 (1) On May 2, 20×1, Entity A purchased 600 units of merchandise at $9 per unit … More
Journal Entry Review Questions 1
Section 8. Review Q46. Review questions 1 (1) What are the examples of transactions recorded on the debit side of … More
Cash dividend
Q45. Cash dividend (1) On January 10, 20×1, Entity A declared a $1.50 per share cash dividend on 500,000 shares … More