A withdrawal of cash by the owner requires an entry debiting the Cash account and crediting the Drawing account
Indicate whether the statement is true or false
false
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The liability for a dividend is recorded on which of the following dates?
A) the date of record B) the date of payment C) the date of announcement D) the date of declaration
In order to be considered sexual harassment, behavior must be so severe that it interferes with an employee's ability to work
a. True b. False Indicate whether the statement is true or false
Which of the following statements is true about the adage "When in Rome, do as the Romans do"?
A. It is derived from the idea that a virtuous individual derives utmost satisfaction from his or her good actions. B. Its logic is similar to an economic calculation of utility or cost-benefit. C. The adage assumes that an individual is distinct from the entire universe. D. The adage is derived from the idea of cultural relativism.
An S corporation earns $9.10 per share before taxes. The corporate tax rate is 39%, the personal tax rate on dividends is 15%, and the personal tax rate on non-dividend income is 36%
What is the total amount of taxes paid if the company pays a $5.00 dividend? A) $3.28 B) $3.93 C) $2.62 D) $4.59