Indicate on the blanks below the net effect (I = increase, D = decrease, NE = no effect) of each of the following entries on total stockholders' equity. _____ 1. To record the declaration of a cash dividend _____ 2. To record the payment of a previously declared and recorded cash dividend _____ 3. To close the Dividends account at the end of the accounting period
Fill in the blank(s) with correct word
1. D
2. NE
3. NE
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On January 1, 2019, First Street Sales issued $38,000 in bonds for $15,700. These are six-year bonds with a stated interest rate of 16% that pay semiannual interest. First Street Sales uses the straight-line method to amortize the Bond Discount. Immediately after the issue of the bonds, the ledger balances appeared as follows:
After the first interest payment on June 30, 2019, what is the balance of Discount on Bonds Payable? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
A) debit of $20,442
B) debit of $22,300
C) debit of $24,158
D) credit of $1858
Which of the following is a characteristic of rules-based accounting standards?
a. They are highly detailed. b. They rely heavily on judgment by management or the auditor. c. They are shorter than rules-based standards. d. They are required by Sarbanes-Oxley.
Develop a statement of work (SOW) for a spectacular project of your choosing. Include all of the key elements for a SOW as detailed in your book
What will be an ideal response?
Which of the following involves intentional coordination of every communication from a firm to a target customer to convey a consistent and complete message?
A. product positioning B. online marketing C. digital marketing D. branding E. integrated marketing communications