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Arierog Arierog
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Posts: 344
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6 years ago
The Pratt Company earned 140,00 . last year. The capital stock of the company consists of 600,00 . of 8 cumulative preferred stock and 600,00 . of common stock. The directors declared a dividend of half of the earnings. During the previous year, the company earned only enough to pay a 6 dividend on preferred stock. Compute the total amount that will be paid to the holders of common stock?

Q. 2

Calculate the reconciled cash balance: Bank statement balance 5,602.50 Checkbook balance 6,105.06 Deposits in transit 1,355.25 Outstanding checks 872.19 Bank service charges 19.50

Q. 3

The Pratt Company earned 140,00 . last year. The capital stock of the company consists of 600,00 . of 8 cumulative preferred stock and 600,00 . of common stock. The directors declared a dividend of half of the earnings. During the previous year, the company earned only enough to pay a 6 dividend on preferred stock. What is the total amount that will be paid to the holders of preferred stock?

Q. 4

Calculate the reconciled cash balance: Bank statement balance 2,835.18 Checkbook balance 2,416.80 Deposits in transit 820.12 Outstanding checks 1,250.50 Service fees 12.00

Q. 5

The Columbia Company earned 1,400,00 . last year. The capital stock of the company consists of 8,000,00 . of 6 cumulative preferred stock and 15,000,00 . of common stock. The directors declared a dividend of the entire earnings. During the previous year, the company earned 240,00 . and the directors declared a dividend of the entire earnings. What is the total amount that will be paid to the holders of common stock?

Q. 6

The check register of Clover Co indicated a cash balance of 1,580.12 January 1 . During the month Clover Co made deposits of 980.75 and 2,120.85 . During the same month Clover Co wrote checks for 140.50, 1,469.29, 690.17, 51.90, and 789.12 . What balance should the register show for cash January 31?
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imascholarimascholar
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Posts: 218
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6 years ago
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Arierog Author
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6 years ago
God bless you! Helped my grade so much.
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