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A corporation declares a dividend of $1.75 per share on 17,000 shares of common stock. Which of the following is included in the entry to

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A corporation declares a dividend of $1.75 per share on 17,000 shares of common stock. Which of the following is included in the entry to record the declaration? IN O A. Cash Dividends is debited for $29,750. O B. Dividends Payable-Common is debited for $29,750. OC. Cash Dividends is credited for $29,750. O D. Paid - In Capital in Excess of Par-Common is credited for $29,750. - Samson, Inc. had the following balances and transactions during 2025 Beginning Merchandise Inventory March 10 June 10 October 30 10 units at $92 Sold 8 units Purchased 20 units at $97 Sold 15 units What is the balance of the company's Merchandise Inventory, as disclosed in the December 31, 2025 balance sheet as per the periodic FIFO inventory costing method? O A. $460 OB. $920 O C. $679 OD. $485 On November 1, 2024, Arch Services issued $333,000 of eight-year bonds with a stated rate of 12% at par. Interest payments occur each April 30 and October 31. On December 31, 2024, Arch made an adjusting entry to accrue interest at year-end. What is the amount of Interest Expense that will be recorded on December 31, 2024? (Do not round any intermediate calculations, and round your final answer to the nearest dollar) O A $19.980 O B. $39.960 OC. 5833 OD. 56.660 The balances of select accounts of Sandra, Inc. as of December 31, 2024 are given below. Credit Building Cash Office Supplies Furniture Prepaid Insurance Accumulated Depreciation Furniture Land Accumulated Depreciation Building Accounts Receivable Debit $120,000 8,000 800 7,000 650 $5,000 34,000 4,800 2,100 The insurance has been prepaid until June 30, 2025. Determine the amount of total current assets reported on the balance sheet at December 31, 2024. O A. $9,450 O B. $17,100 O C. $11,550 D. $8,800

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