Saved Suppose a company rents office space for one year, paying $36.000 ($3.000/month) in advance on September 1. Record the adjusting entry on December 31. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the adjusting entry on December 31. Note: Enter debits before credits. Date General Journal Debit Credit December 31 Record entry Clear entry View general journal of the following six accounts, which ones have temporary balances: (1) Service Revenue (2) Dividends (3) Salaries Expense (4) Common Stock (5) Retained Earnings (6) Cash Multiple Choice (1).(2) and (3) O O (4).(5), and (6) o O (2).(4), and (5) o O (1.13) and (5) o The following information was taken from a company's bank reconciliation at the end of the year Bank balance Checks outstanding Note collected by the bank Service fee Deposits outstanding NSF check $8,300 $7,300 $1,300 $ 26 $5,900 $ 400 What is the correct cash balance that should be reported in the company's balance sheet at the end of the year? Multiple Choice $9.200 O O ( ) $6.900 O O $7.900 O Saved Help Save & Exit The board of directors of Capstone Inc. declared a $0.70 per share cash dividend on its $1 par common stock. On the date of declaration, there were 46,000 shares authorized, 18,000 shares issued, and 6,000 shares held as treasury stock What is the entry when the dividends are declared? A. 8,400 8,400 B. 8,400 8,400 Dividends Dividends Payable Dividends Cash Dividends Dividends Payable Dividends Cash C. 32,200 32,200 D. 12,600 12,600 Multiple Choice Option B Oo oo 11:50 AM 10/6/2019 Clothing Emporium was organized on January 1, 2021. The firm was authorized to issue 160,000 shares of S9 par value common stock. During 2021, Clothing Emporium had the following transactions relating to stockholders' equity Issued 48,000 shares of common stock at $11 per share. Issued 32,000 shares of common stock at $12 per share. Reported a net income of $160,000. Paid dividends of $80,000. What is total paid-in capital at the end of 2021? Multiple Choice O () SBB: O () $912,000 O O $1,072,000. O E - P: 04. 11:51 AM Roberto Designers was organized on January 1, 2021. The firm was authorized to issue 140,000 shares of $6 par value common stock. During 2021, Roberto had the following transactions relating to stockholders' equity: Issued 14,000 shares of common stock at $8 per share. Issued 28.000 shares of common stock at $9 per share Reported a net income of $140,000. Paid dividends of $70,000. Purchased 4,500 shares of treasury stock at $11 (part of the 28,000 shares issued at $9). What is total stockholders' equity at the end of 2021? Multiple Choice 0 $748,500 0 $412,500 0 5384,500 0 O $888,500 A company purchases a building for $170,000, signing a note payable. Record the transaction. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet
