Solved: What is the amount transferred from the retained earnings, Accounting Basics

+44 141 628 6080
[email protected]

What is the amount transferred from the retained earnings

Question - A company with 100,000 authorized shares of $5 par common stock issued 40,000 shares at $7. Subsequently, the company declared a 2% stock dividend on a date when the market price was $9 a share. What is the amount transferred from the retained earnings to paid-in capital accounts as a result of the stock dividend?

Solution Preview :

Prepared by a verified Expert

Accounting Basics: What is the amount transferred from the retained earnings

Reference No:- TGS02872705

Now Priced at $20 (50% Discount)

Recommended (93%)

Rated (4.5/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Outline a social issue that is important to you

Outline a social issue that is important to you. Describe why it is important to you, why it is important from a societal perspective and how you think

Discussion about the nature versus nurture

In our readings, we learn more about the nature versus nurture argument. For this discussion, I want you to go in depth a bit more and debate the importance

Problem concerning consensual sexual relationship

Question: Jena and Ben are employees of Big City Electronics. They began to have a consensual sexual relationship.

Is lifespan psychologists are unlikely to investigate

Lifespan psychologists are unlikely to investigate both changes as well as consistencies that exist in different individuals'

Provide reasons why working from a person centred

Provide five (5) reasons why working from a person centred, strengths-based positive framework, and providing positive lifestyle strategies can reduce

Identify a specific theory of cognitive or moral development

Problem 1: Identify a specific theory of cognitive or moral development, and summarize the major assumptions.

Review a social, behavioral, or cultural factor

Bearing in mind that there may be several, choose a social, behavioral, or cultural factor associated with your selected domestic violence

Solution Preview :

Prepared by a verified Expert

Accounting Basics: What is the amount transferred from the retained earnings

Reference No:- TGS02872705

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Describe the segments of the general remote environment and

Q : Go to businessballs website and review the information

Q : Explain how it has impacted the field of human services

Q : According to the resource-based view of the firm internal

Q : What is the amount transferred from the retained earnings

Q : The general ledger cash in bank account shows total cash

Q : How would you respond to your partner does it make a

Q : Examine the major influences that organizational culture

Q : Calvin gave his son abc stock valued at 101000 that he