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please help (27-28) On January 1, 2013. Mehrzad Co issued 10,000 shares of $1 par stock for total proceeds of $50,000. On October 31, 2013
please help (27-28)
On January 1, 2013. Mehrzad Co issued 10,000 shares of $1 par stock for total proceeds of $50,000. On October 31, 2013 Mehrzad recorded a Stock dividend of 8% when the market price of the stock was 5B/share. On December 1, 2013, Metrzad bought 4.000 shares at a price of $7/share. This consequence of this transaction would result in On December 22, 2018 Mehrzad sold 2000 shares of treasury stock for 59/share On December 25, 2018 Mehrzad declared dividends of 51.50 per share. The Dividerd declaration would result in Reduce Rekistond earnings by $13,200 An effect on Betained Earnings that is different from the other answers Have no effect on Retained earnings till dividends are paid Reduce Retained earnings try $12.750 Reduc Retained earnings by $15.000 Question 28 1 pts The most important issues in accrual accounting are A) The timing of revenue and expense recognition and the matching of expenses with revenue B) Matching the calendar year with the financial year and issuing quarterly statements at the end of each quarter C) Making sure that liabilities are matched with assets and equities are matched with the cash at the form D) Ad accurate measurement of the stock price and the cash reserves of the company OC None of the mos A D are of contractance OD Step by Step Solution
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