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Please hurry will upvote When there were 500,000 authorized shares of $12 par value common stock, 50,000 shares issued, and 45,000 shares outstanding, and the
Please hurry will upvote When there were 500,000 authorized shares of $12 par value common stock, 50,000 shares issued, and 45,000 shares outstanding, and the market price was $14 per share, Your Company issued a 35% stock dividend. What was the entry to retained earnings when this transaction is recorded? 563,000 debit $189,000 debit 563.000 credit $210,000 debit $189,000 credit Your Company had a bulldozer destroyed by fire. The bulldozer originally cost $695,000 with accumulated depreciation of $320,000. The proceeds from the insurance company were $650,000. How much will Your Company recognize on this transaction? A loss of 52.75,000 A loss of $45,000 A gain of 5275.000. A gain of 545,000
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