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After liquidating noncash assets and paying creditors, account balances in the Ivanhoe Co. are Cash $17,900, A, Capital (Cr.) $7,700, B. Capital (Cr.) $5,500, and
After liquidating noncash assets and paying creditors, account balances in the Ivanhoe Co. are Cash $17,900, A, Capital (Cr.) $7,700, B. Capital (Cr.) $5,500, and C, Capital (Cr.) $4,700. The partners share income equally. Journalize the final distribution of cash to the partners. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit M. Coronado Corporation has 10,000 shares of 8%, $100 par value, cumulative preferred stock outstanding at December 31, 2022. No dividends were declared in 2020 or 2021. If M. Coronado wants to pay $350,000 of dividends in 2022, what amount of dividends will common stockholders receive? Amount of dividend Bramble Corporation has 47,500 shares of $12 par value common stock outstanding. It declares a 15% stock dividend on December 1 when the market price per share is $19. The dividend shares are issued on December 31. Prepare the entries for the declaration and issuance of the stock dividend. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts) Date Account Titles and Explanation Debit Credit
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