QUESTION 35 1. On January 1, 2019. Declan Diaper Co. declared a $2.00 per share dividend payable on February 1 to holders of record on January 15. Before the dividend was declared the company had 200,000 shares of $10 par value stock outstanding Jarre is buying all the assets and swing the ones of Sacre Corporation The S e e other chant Redang The accounts receivable are worth $200.000, the inventory b oth 10,000 and the land is worth 5500,000 The Accounts Payable are worth book v e Addition , the Nole Payable de pay interest only 10 per year for the next years and then the praise the r e st for similar debt is 2 Jure will pay $450 000 for Suce's prom o much of the puche price w Jarret debit to good On the date of payment, the journal entry would include a A a credit to Cash of $ 400,000 C La credit to Retained Earnings of $ 400,000 There would be no journal entry on this date D.a credit to Dividends Payable of $ 400,000 La debit to Retained Earnings of $ 400.000 QUESTION 36 1. Gast Company had wages able the beginning of the year of $20,000 Dung theo the company pard cash for wages of $80,000 and at the end of the year the company wed wages of $10,000. The income statement for the year will show wage expense of CAS 80.000 C $ 90,000 C C 5 70,000 D.S 88,000 O ES 86.000 QUESTION 37 1. On January 1, 2019. Declan Diaper Co declared a $200 per share dividend payable on February 1 to holders of record on January 15. Before the dividend was declared the company had 200,000 shares of $10 par value stock outstanding QUESTION 40 1. On January 1, 2019 Declan Diaper Ce declared a 32.00 per shareddend payable on February holders of record on January 15 Before the dividend was declared the company had 200 000 shares of $10 par value stock outstanding On the date of declaration, the entry to record the dividend would include CA a credit to Retained Earnings of $ 400,000 La credit to Cash of $ 400.000 Cc. There would be no journal entry on this date None of the above C B a credit to Dividends Payable of $ 400,000 La debit to Dividends Payable of $ 400,000 On the date of record, the journal entry would include A none of the listed choices sa credit to Cash of $ 400,000 ca credit to Retained Earnings of $ 400,000 C D a credit to Dividends Payable of $ 400,000 C . There would be no journal entry on this date. QUESTION 38 1. Malcom deposits $1,000 in a bank account that pays 4% compounded quarterly, how much will he have in 6 years? CAS 1.942.05 C S 1.390 12 CC5 1.269.73 C .S 1787.57 E none of the listed choices QUESTION 39 QUESTION 35 1 On January 1, 2019 Declan Diaper Co declared a $2.00 per share dividend payable on February 1 to holders of record on January 15. Before the dividend was declared the company had 200 000 shares of $10 par valstock outstanding The accurate with 1.200.000, they wo n the land 5900.000. The counts Paya b le Abony the Na Pa p a Interest only 10 per yet we years and then the prepade Theme for way 000 ' Apa how much of the purch On the date of payment, the journal entry would include a CA a credit to Cash of $ 400,000 Ba credit to Retained Emings of $400,000 There would be ne journal entry on this date C a credit to Dividends Payable of $ 400 000 Eadebe to Retained Earnings of $ 400 000 QUESTION 36 1. Gast Company had wage pay the beginning of the yew of 20000 During the the company paid cash for wages of 500,000 and at the end of the year the company we wages of $10,000. The income statement for the year we show wage expense of CAS 80000 CB.$ 90,000 C C$ 70,000 C D,S 88,000 CLS 86,000 QUESTION 37 1. On January 1, 2019. Declan Diaper Co declared a $200 per share dividend payable on February 1 to holders of record on January 15 Before the dividend was declared, the company had 200.000 shares of $10 par value stock outstanding Somewherber which there QUESTION 40 1. On January 1, 2019 Declan Diaper Co. declared a 32.00 per share dividend payable on February 1, holders of record on January 15 Before he was decine, the company had 200,000 shares of 510 pa ako On the date of declaration, the puma estry record the end would include La credit to Retained Earnings of $ 400,000 sa credit to Cash of $400 000 There would be no ournal entry on this date None of the above C a credit to Dividends Payable of $ 400.000 La debatt Dividends Payable of $ 400.000 On the date of record, the journal entry would include C none of the listed choices C Ba credit to Cash of $ 400 000 c a credit to Retained Earnings of $ 400,000 CD a credit to Dividends Payable of $ 400.000 C L There would be no journal entry on this date QUESTION 38 1. Malcom deposits 51.000 in a bank account that pays much will he have in 6 years? CAS 1.9.12.05 C $ 1390 12 C25 1269.73 C .S 1787.57 none of the techos compounded quarterly how