Which of the following would NOT be reported in the stockholders' equity section of the balance sheet?
a. Retained earnings appropriated for future plant expansion
b. Dividends declared on preferred stock
c. Paid-in capital in excess of par value
d. Deficit in retained earnings
B
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On October 1, 2016, White Company declared a property dividend payable in the form of marketable equity securities classified as "available for sale" for financial accounting purposes. The marketable equity securities will be distributed to the common stockholders on December 1, 2016. The investment in equity securities originally cost White $510,000 on August 1, 2016. The investment's fair value
on various dates is as follows: October 1, 2016 $530,000 December 1, 2016 535,000 December 31, 2016 540,000 ? The amount credited to Gain on Disposal of Investments resulting from this dividend transaction should be A) $0. B) $20,000. C) $25,000. D) $30,000.
Havermill Co. establishes a $450 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated receipts on that date represent $93 for Office Supplies, $177 for merchandise inventory, and $42 for miscellaneous expenses. The fund has a balance of $138. On October 1, the accountant determines that the fund should be increased by $90. The journal entry to record the reimbursement of the fund on September 30 includes a:
A. Credit to Cash for $138. B. Debit to Office Supplies for $93. C. Debit Petty Cash for $312. D. Credit to Merchandise Inventory for $177. E. Credit to Cash for $450.
The D4 follower needs which type of leader?
A. supportive B. directive C. coaching D. delegating
Which of the following statements is true about open loop MRP systems?
a. There are provisions for feedback. b. Plans and schedules are developed assuming finite capacity. c. Plans and schedules are developed assuming on-time, correct delivery of materials ordered by suppliers. d. Schedules are maintained by adjusting production plans when changes in demand occurred.