A corporation should account for the declaration of a 10 percent stock dividend by
a. transferring from retained earnings to contributed capital an amount equal to the legal capital represented by the dividend shares.
b. transferring from retained earnings to contributed capital an amount equal to the market value of the dividend shares.
c. transferring from retained earnings to contributed capital whatever amount the board of directors deems appropriate.
d. making only a memorandum entry in the general journal.
B
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Which among the following is the best example of a no-need objection?
A. "I have to think this over before I buy." B. "I plan to wait until fall before I buy a new car." C. "I am pleased with the performance of the car I have now." D. "I want to buy from a more established car dealer." E. "I can't afford a new car now."
Answer the following statements true (T) or false (F)
1. Conflict develops due to perceived mutually exclusive goals. 2. When managers understand the sources of conflict, they aren’t able to select an appropriate communication strategy. 3. Reminding managers of the organization’s overall goals can alleviate interdepartmental conflict. 4. Venting hostility can be therapeutic rather than detrimental to conflict solving.
Use the following to answer questions 1?9:Indicate how each event affects the elements of the financial statements. Use the following letters to record your answer in the box shown below each element. You do not need to enter amounts.Increase = I Decrease = D No Effect = NA(Note that "No Effect" means that the event does not effect that element of the financial statements or that the event causes an increase in that element is offset by a decrease in that same element.) In preparing the bank reconciliation for Heath Company, an employee found that the bank statement reported a bank service charge of $50.AssetsLiabilitiesStk. EquityRevenuesExpensesNet IncomeStmt of Cash Flows???????
What will be an ideal response?
If a person discloses to a private not-for-profit organization that it will be a beneficiary in his or her will, this is considered a(n) ________ and is ________.
A. intention to give; recorded B. unconditional promise to give; recorded C. conditional promise to give; not recorded D. intention to give; not recorded