What effect do stock dividends or stock splits have on the computation of the weighted-average number of shares outstanding?

Q: On October 5, Dandridge Company buys merchandise on account from Barker Company. The purchase price ...

A: The accounting equation refers to the equation of the balance sheet. It is based on the method of to...

Q: Big Construction Company signs a contract on 1 July 2019, agreeing to build a warehouse for Buyer Co...

A: In construction contracts, revenues and cost are recognized as per percentage of completion over the...

Q: Apex Systems Co. Offers it's services to residents in the Seattle area. Selected accounts from the L...

A: The shareholders equity statement is prepared to know the net increase or decrease in owner’s share ...

Q: anne received stock and boot in a transfer that qualfied under code Sec 351. she has a realized gain...

A: Section 351 allows the incorporation transfer which is tax free when some requirements are met, invo...

Q: 10. Haughton Company uses a job costing system for its production costs and a predetermined factory ...

A: Hello, I am only answering first three subparts as per the policy and if you want other to be answer...

Q: When do we make adjusting journal entries?

A:

Q: In august 1, 10,000 shares of $10 per common stock were issued at $30. On August 7, 5,000 shares of ...

A: Journal Entry: Journal entry is the act of keeping records of transactions in an accounting journal....

Q: Bonita Inc. took a physical inventory at the end of the year and determined that $845000 of goods we...

A: Inventory at the end of financial year to be shown in balance sheet , should means the inventory , t...

Q: 1. A partnership contract should always be prepared regardless of the amount or nature of the contri...

A: Since you have posted a question with multiple sub parts, we will answer only first three sub parts....

Q: ENOWV2 | Online teach x B Vincent Corporation has 92,00 x eAssignment/takeAssignmentMain.do?invoker-...

A: PREFERRED STOCK:  The preferred stock is the kind of stock that has the choice or preference in the ...

Q: XYZ Industries is considering two capital budgeting projects. Project A requires an initial investme...

A:     Cash payback is a financial tool used evaluate various projects for the investment. It calculate...

Q: The Winslow Corporation sells stacks of poker chips to several casinos in Las Vegas area.  The corpo...

A: Fixed overhead for the year = P14,000 Fixed overhead for 1 month = P14,000 / 12 = P1,166.67

Q: Write the word or group of words that identify each of the following statements.            1.The co...

A: Partnership: The form of business entity which is formed by an agreement, owned and managed mutually...

Q: Huntsman Corp. completed a plant expansion using financing as follows: $9 million from mortgages, $3...

A: Given that: Huntsman Corp. completed a plant expansion using financing as follows: $9 million from m...

Q: I. Metro Company purchased $500,000, 10%, 5-year bonds on January 1, 20x1, with interest payable on ...

A: Bond refers to a fixed income instrument which represents that a loan is being made by an investor t...

Q: The New England Patriots sell deflated footballs, and were organized on March 1 of the current year ...

A: The following computations are done for New England Patriots Company.

Q: ALASKA Company manufactures products F, G and W from a joint process.  Joint costs are allocated on ...

A: Given information is: Total joint costs = P750,000 Basis of allocation joint costs = Sales value at ...

Q: Classify the following items as either:   TPS—transaction processing system FRS—financial repo...

A: Transaction processing system:   It is a process that records all transactions of the company on a d...

Q: what's the answer? please tell me how to get it

A: Cost of goods sold of a business says that how much cost has been incurred for selling goods after d...

Q: Elite Realty acts as an agent in buying, selling, renting, and managing real estate. The unadjusted ...

A: Journal: A journal is a detailed account that records all the financial transactions of a business, ...

Q: Prepare the journal entry for the following and any yearend adjusting entries: On June 1, the compan...

A: Journal entries refers to the process of systematic documentation of the financial transactions of a...

Q: What is the difference between fair value and market fair value?

A: Fair value refers to the value that represents the worth of a particular item. It is the value that ...

Q: Washington Corp. acquired 70% of the voting common stock of George Co. at the time when George Corp'...

A: The consolidated COGS will be computed as follows 

Q: How should the transaction price of $1,040,000 be allocated among the service obligations? (

A: The Standalone Selling Price is the price at which the entity would sell a good or service separatel...

Q: following T accounts. You have been asked by your manager to prepare an unadjusted trial balance for...

A: Firstly, let us draw the trail balance, to determine the credit side total

Q: A deposit of $800 is planned for the end of each year into an account paying 8%/year compounded annu...

A: FW=Deposit1+in-1i-Deposit101+nn-10-Deposit111+nn-11

Q: The trial balance of Kaplan Printing at December 31, 2014, appears below. The data needed for the mo...

A: Financial accounting is the branch of accounting which includes recording, analyzing and reporting t...

Q: REQUIRED: IDENTIFY ONE ACCOUNT AND ONE ASSERTION FOR EACH CONDITION (IDENTIFY EITHER THE DEBIT OR CR...

A: Accounts receivable is an account in which all the transactions related to credit sales are recorded...

Q: Recording Entries for an Installment Note Payable On January 1, 2020, a borrower signed a long-term ...

A: Cash received by the borrower is the summation of the present value of all the installments to be pa...

Q: When do we make closing journal entries?

A: Closing journal entry: It can be defined as a type of journal entry that is made by the business at ...

Q: Increased global interaction has been promoted by advanced technology in communication, ideas and cu...

A:

Q: Explain “Sales Returns and Allowances”. Why does this account have a normal debit balance?

A: Sales Returns and Allowances Sales Return and Allowances is actually a contra revenue account (i.e. ...

Q: capital: stock Warrants саpta štočk issuance? $22,039.62 $24,000.00 $20,950.59 $21,000.00

A: Step 1 A bond is a fixed income instrument that represents a loan made by an investor to a borrower.

Q: Standard time for a job is 8 hours and actual time taken is 6 hours. What is the total wages payable...

A: Halsey plan: Under Halsey plan the standard time for the job completion is fixed and then the rate p...

Q: Auditing . Please use own sentences Briefly discuss and explain substantive test under Purchase Cycl...

A: Audit: An Audit is a systematic examination of books of accounts. It is done by a professional calle...

Q: Whispering Enterprises reported cost of goods sold for 2020 of $1,515,400 and retained earnings of $...

A: The error can be rectified by deducting an opening overstated inventory error to the cost of goods s...

Q: Q: No. 2: Prepare common size analysis for the two-year period. Dugmore Company Balance Sheet Decemb...

A: Common size analysis means where each item of balance sheet is expressed in form of percentage and b...

Q: Several items are omitted from the income statement and cost of goods manufactured statement data fo...

A: Income statement is prepared to show the financial performance of the organisation after analysing t...

Q: On 1 April 2019, Toronto Berhad was incorporated and a prospectus was issued inviting applications f...

A: Various transactions for issuance of shares are given. We have to provide journal entries for the sa...

Q: The Cutting Department of Karachi Carpet Company provides the following data for January. Assume tha...

A: Equivalent unit of production is calculated to know about how many units are hold by the manufacturi...

Q: Vertical Analysis of Income Statement The following comparative income statement (in thousands of do...

A:   Vertical analysis is one of the common types of financial statement analysis, whereby the figures ...

Q: If White Mountain Railways fixed costs total 50,000 per month the variable cost per passenger is $10...

A: Contribution margin per unit = Sales per unit - variable costs per unit = $50 - $10 = $40 per unit C...

Q: Zeff Corporation has 2,000 shares outstanding of cumulative preferred stock and 6,000 shares of comm...

A: Cumulative preferred stock is a stock whose dividend keeps on cumulating if not received in any part...

Q: journalist the entry to record the issuance of materials

A:     Manufacturing companies has various types of inventories at a certain level of production, these...

Q: Please open a “service” company as a shareholder. For the first month of the operations, write 15 bu...

A: The service company is one that earns income by providing various services instead of selling produc...

Q: elected accounts with amounts omitted are as follows Work in Process Aug.    1   Balance 275,00...

A:         Factory Overhead A/C Date Items Amount($) Date Items Amount($)      ...

Q: How much should be reported as Administrative expense for 2020?

A:

Q: No explanation required.

A:

Q: Prepare the income statements and balance sheets for years 2018 and 2019 for Thompson Company using ...

A: Answer and calculations are given below

Q: hello, how to calculate and what's the right answer?

A: Formula: Total manufacturing cost = Direct materials + Direct labor + manufacturing overhead Sum of ...