Part A)<br/>On January 1, 2016, Alpha Corporation had 200,000 shares of common stock outstanding with a par value of $3 per share. On March 31, Alpha Corporation declared a 10% stock dividend when the market value was $10 per share. Use this information to prepare the General Journal entry (without explanation) for March 31. If no […]
Part A)<br/>On August 1, 2016, Alpha Company entered into a capital lease, and correctly recorded the leased asset, and related obligation at $50,000. The annual interest rate implicit in the lease was 6%, and the first lease payment of $2,000 is due at the end of each month of the lease. Use this information to make an […]
Part A)<br/>On January 1, 2016, Alpha Corporation had 200,000 shares of common stock outstanding with a par value of $3 per share. On March 31, Alpha Corporation declared a 10% stock dividend when the market value was $10 per share. Use this information to prepare the General Journal entry (without explanation) for March 31. If no […]
Annapolis Corporation’s trial balance included debits to expense accounts of $125,000, credits to revenue accounts of $234,000, and debits to the Dividends account of $50,000. Based on this information, what is the amount of the company’s net income or loss. Enter a loss as a negative number. Looking for a Similar Assignment? Order now and Get […]
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