{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T06:50:06-04:00", "answer_date": "2024-06-28 06:50:06", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4256392", "url": "\/study-help\/questions\/gamma-corp-started-the-period-with-a-credit-to-the-4256392", "question_creation_date_js": "2024-06-28T06:50:06-04:00", "question_creation_date": "Jun 28, 2024 06:50 AM", "meta_title": "[Solved] Gamma Corp started the period with a cred | SolutionInn", "meta_description": "Answer of - Gamma Corp started the period with a credit to the Retained Earnings (beginning balance) of 100 and ended it with a de | SolutionInn", "meta_keywords": "gamma,corp,started,period,credit,retained,earnings,beginning,balance,100,ended,debit", "question_title_h1": "Gamma Corp started the period with a credit to the Retained Earnings (beginning balance) of 100 and ended it with a debit of 50 (ending", "question_title": "Gamma Corp started the period with a credit to the Retained Earnings", "question_title_for_js_snippet": "Gamma Corp started the period with a credit to the Retained Earnings (beginning balance) of 100 and ended it with a debit of 50 (ending balance) It started the period with a credit to Dividends Payable of 30 (beginning balance) and ended it with a credit of 20 (ending balance) The net income for the period was negative 100 (i e , a loss) All dividends were cash dividends How much dividends was paid by Gamma during the period ", "question_description": "

Gamma Corp started the period with a credit to the Retained Earnings (beginning balance) of 100 and ended it with a debit of 50 (ending balance). It started the period with a credit to Dividends Payable of 30 (beginning balance) and ended it with a credit of 20 (ending balance). The net income for the period was negative 100 (i.e., a loss). All dividends were cash dividends. How much dividends was paid by Gamma during the period?<\/strong><\/p>

<\/p>", "transcribed_text": "", "related_book": { "title": "Auditing Cases An Active Learning Approach", "isbn": "0130674842, 978-0130674845", "edition": "2nd Edition", "authors": "Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/64ed8a8041add_6938.jpg", "uri": "\/textbooks\/abnormal-psychology-clinical-perspectives-on-psychological-disorders-1st-edition-9781266566899", "see_more_uri": "" }, "free_related_book": { "isbn": "1349577723", "uri": "\/textbooks\/the-public-financiers-ricardo-george-clark-ramsey-mirrlees-vickrey-wicksell-musgrave-buchanan-tiebout-and-stiglitz-1st-edition-978-1349577729-280005", "name": "The Public Financiers Ricardo George Clark Ramsey Mirrlees Vickrey Wicksell Musgrave Buchanan Tiebout And Stiglitz", "edition": "1st Edition" }, "question_posted": "2024-06-28 06:50:06", "see_more_questions_link": "\/study-help\/questions\/business-economics-2023-September-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/why-are-newsstand-prices-higher-than-subscription-prices-for-an", "description": "Why are newsstand prices higher than subscription prices for an issue of a magazine?", "stars": 3 }, { "url": "\/study-help\/coaching-supervision-a-practical-guide-for-supervisees\/understand-under-what-circumstances-social-support-may-have-negative-effects-1980215", "description": "understand under what circumstances social support may have negative effects; and", "stars": 3 }, { "url": "\/the-purchase-patterns-for-two-brands-of-toothpaste-can-be", "description": "The purchase patterns for two brands of toothpaste can be expressed as a Markov process with the following transition probabilities: a. Which brand appears to have the most loyal customers? Explain....", "stars": 3 }, { "url": "\/study-help\/questions\/an-investment-is-scheduled-to-pay-1000-one-year-from-9863817", "description": "An investment is scheduled to pay $1,000 one year from now; $2,000 two years from now; $3,000 three years from now, and this pattern is expected to remain the same in perpetuity (i.e., $1,000 on t=4;...", "stars": 3 }, { "url": "\/study-help\/questions\/can-someone-help-me-with-questions-46-please-4-vektek-5951805", "description": "can someone help me with questions 4-6 please? 4. Vektek, Inc. thinks machine hours is the best activity base for its manufacturing overhead. The estimate of annual overhead costs for its jobs was...", "stars": 3 }, { "url": "\/study-help\/questions\/hw-5-due-on-wednesday-december-tuesday-december-8-at-1000650", "description": "HW 5 (due on Wednesday, December Tuesday, December 8, at 11:59 pm). For all questions, please feel free to use Excel. Please write down the relevant formulas and explanations. You do not need to show...", "stars": 3 }, { "url": "\/study-help\/questions\/five-years-ago-a-typical-nonfood-prime-site-retailer-starting-1000071", "description": "Five years ago, a typical non-food prime site retailer starting out and looking to reach its optimum market might have targeted as many as 200 sites to trade from. Three years ago, that figure would...", "stars": 3 }, { "url": "\/study-help\/questions\/charles-had-been-drinking-heavily-and-had-an-argument-with-1000190", "description": "Charles had been drinking heavily and had an argument with his ex-girlfriend. He threatened to burn her house down. A short time later he set fire to some cardboard boxes on the porch, causing...", "stars": 3 }, { "url": "\/study-help\/questions\/a-company-produces-three-products-y1-y2-and-y3-in-1000230", "description": "A company produces three products, Y1, Y2, and Y3 in the same process.The data below reflects average monthly results: Y1 Y2 Y3 Monthly output (kg) 40,000 20,000 20,000 Sales Value at split off...", "stars": 3 }, { "url": "\/study-help\/questions\/by-implementing-the-jit-system-a-pull-system-technique-will-1000240", "description": "By implementing the JIT system, a pull system technique will be used to ensure a smooth flow on the factory floor. JIT system implementation requires more than just the production floor; it also...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/i-just-need-help-with-f-palmetto-company-a-us-4256391", "next": "\/study-help\/questions\/answer-with-solution6-the-net-income-for-2016-is-overstated-4256393" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "Gamma Corp started the period with a credit to the Retained Earnings", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/gamma-corp-started-the-period-with-a-credit-to-the-4256392" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } } "1" } }