Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

El 1 de enero de 2017, Browning Corporation tena 75,000 acciones ordinarias de valor nominal de $1 emitidas y en circulacin. Durante el ao se

El 1 de enero de 2017, Browning Corporation tena 75,000 acciones ordinarias de valor nominal de $1 emitidas y en circulacin. Durante el ao se produjeron las siguientes transacciones:

1 de marzo Emiti 90,000 acciones ordinarias por $675,000.

1 de junio Declar un dividendo en efectivo de $2.00 por accin a los accionistas registrados el 15 de junio.

30 de junio Pag el dividendo en efectivo de $2.00.

1 de diciembre Compr 5,000 acciones ordinarias para la tesorera a $18 por accin.

15 de diciembre Declar un dividendo en efectivo sobre las acciones en circulacin de $2,50 por accin a los accionistas registrados el 31 de diciembre.

La utilidad neta del 2017 ascendi a $951,000.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Frauds Of The Past Lessons For The Future A Student Led Journey Through The World Of Auditing

Authors: Dr. Manjari Sharma, Mr. Pragadeesh SP, Mr. Sivanaresh A

1st Edition

B0CGKRP289, 978-6206753247

More Books

Students also viewed these Accounting questions

Question

What is the function of inverse multiplexing (IMUX)?

Answered: 1 week ago

Question

Describe the types of power that effective leaders employ

Answered: 1 week ago

Question

Describe how leadership styles should be adapted to the situation

Answered: 1 week ago