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in January 1st 2003, Pisces issue ceres 10000 share for $400000 In cash meaning there are 120000 shares outstanding. Some additional information is on November
in January 1st 2003, Pisces issue ceres 10000 share for $400000 In cash meaning there are 120000 shares outstanding. Some additional information is on November 1st,2023, (1)Pisces declares a total cash of $180000 (2) Pisces reports $225000 net income for 2023. its stock price on December 31,2023 is $38 (3) On November 1,2024, Pisces announces a total divend of $270000 to be paid on January 2,2025 (4) Pisces reports $360000 net income for 2024. Its stock price on December 31,2024 is $44. (Q1)Prepare the journal entries in ceres book for the 2023 calendar year.(Q2) prepare journal entries for 2024 and 2025 calendar year
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Essentials Of Xbrl Financial Reporting In The 21st Century
Authors: Bryan Bergeron
1st Edition
0471220779, 978-0471220770
