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asliceofwonder asliceofwonder
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Posts: 348
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6 years ago
The Fuller Company earned 106,00 . last year. The capital stock of the company consists of 500,00 . of 6 preferred stock and 1,200,00 . of common stock. The directors declare a dividend of the entire earnings. Compute the total amount that will be paid to the holders of preferred stock.

Q. 2

Compute the reconciled balance: Bank statement balance: 375.59 Checkbook balance: 462.17 Outstanding checks: 3.50 and 25.00 Automatic transfer to savings: 100.00 Automatic charge, safe deposit box: 12.00 Service charge: 6.50 Bank interest credited: 3.42

Q. 3

The Channing Company earned 64,00 . last year. The capital stock of the company consists of 500,00 . of 8 preferred stock and 200,00 . of common stock. The directors declare a dividend of the entire earnings. Compute the total amount that will be paid to the holders of common stock.

Q. 4

Compute the reconciled balance: Bank statement balance: 642.75 Checkbook balance: 685.23 Outstanding checks: 14.82 and 117.70 Outstanding deposit: 125.00 Automatic transfer to savings: 50.00

Q. 5

The Channing Company earned 64,00 . last year. The capital stock of the company consists of 500,00 . of 8 preferred stock and 200,00 . of common stock. The directors declare a dividend of the entire earnings. Compute the total amount that will be paid to the holders of preferred stock.

Q. 6

Compute the reconciled balance: Bank statement balance: 1,234.00 Checkbook balance: 1,004.90 Outstanding checks: 135.42 and 211.68 Automatic transfer to savings: 100.00 Automatic charge, safe deposit box: 18.00
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1 Reply

Related Topics

Replies
wrote...
6 years ago
Ans. #1

30,000

Ans. #2

347.09

Ans. #3

24,000

Ans. #4

635.23

Ans. #5

40,000

Ans. #6

886.9
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