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1. 2. 3. 4. 4. To record a 4% stock dividend, accountants use To record a 35% stock dividend, accountants use O A. market price
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To record a 4% stock dividend, accountants use To record a 35% stock dividend, accountants use O A. market price per share; par value per share OB. par value per share; market price per share O C. market price per share; market price per share OD. par value per share; par value per share On January 1, of the current year, Roadway Delivery Company purchased a truck for $50,000. Depreciation Expense is $2,000 per year. During the first year of use, the company paid $1,000 to repaint the truck and $1,800 for new tires. What is the total expense for the year ended December 31, end of current year? A company reports the following balances: Common Stock Paid - in Capital in Excess of Par Retained Earnings 12/31/2018 $14,000 95,000 68,000 12/31/2019 $160,000 115,000 80,000 During 2019, dividends of $17,000 were declared and paid. What is net income for 2019? Solderman Company issued $510,000, 5%, 10-year bonds for $432,800 with a market rate of 7%. The effective interest method of amortization is used and interest is paid annually. The journal entry on the first interest payment date would include a: O A. credit to Interest Expense of $30,296. O B. credit to Cash of $25,500. O C. credit to Interest Expense of $25,500. OD. credit to Cash of $30,296Step by Step Solution
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