Entries by Munene david

When cash dividends are paid, they are funded from the accumulated profits of the corporation (retained earnings

May 4, 2020 in /by

When cash dividends are paid, they are funded from the accumulated profits of the corporation (retained earnings). Thus, dividends decrease retained earnings. If net income and other ‘credits’ to retained earnings exceed the value of dividends paid during the period retained earnings may increase. If they do not exceed the amount of dividends paid, retained […]

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"

Financial Statement order of preparation. – Financial statements

May 4, 2020 in /by

Financial Statement order of preparation. – Financial statements are always prepared in a particular order: 1. Income Statement 2. Statement of Owner’s Equity 3. Balance Sheet 4. Statement of Cash Flows Discuss the reason for the order of the reports.   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code […]

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"

Discuss recording property, plant, and equipment at its historical

May 4, 2020 in /by

Discuss recording property, plant, and equipment at its historical cost and then recording depreciation over the useful life. Why not record the entire purchase cost as an expense at time of purchase?   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"

Discuss types of intangible assets reported as a long term asset.

May 4, 2020 in /by

Discuss types of intangible assets reported as a long term asset. What are the components of stockholder’s equity (what types of transactions affect owner’s equity)?   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"