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…

Common stock

Q44. Common stock Entity A issued 20,000 shares of common stock at $14 per share. The par value of common…

Borrowings

Q43. Borrowings Entity A borrowed $20,000 from a bank and received the full amount in cash. The loan is due…

Sale of noncurrent assets

Q42. Sale of noncurrent assets Entity A sold equipment with the following information. (a) Cost of equipment = $200,000 (b)…