On January 1 Providence, Incorporated, issues $1,000,000 of 10 percen.pdf

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On January 1 Providence, Incorporated, issues $1,000,000 of 10 percent, 5 -year bonds at par value. Complete the necessary journal entry by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns. Journal entry worksheet On January 1 Providence, Inc., Issues $1,000,000 of 10 percent, 5 -year bonds at par value. Note: Enter debits before credits..

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On June 1,2022, Oriole Company was started with an initial investment in the company of $31,500 cash. Here liabilities, and common stock of the company at June 30,2022, and the revenues and expenses for the month of operations: During June, the company issued no additional stock but paid dividends of $1,512. Prepare an income statement for the month of June. Prepare a retained earnings statement for the month of June. (List items that increase retained earnings first) Prepare a balance sheet at June 30, 2022. (List assets in order of liquidity) 5 Liabilities and Stockholders' Equity 55.

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On January 1,2021, Dynatech Corporation, a publicly traded company, had the following shareholders' equity accounts: During the year, the following transactions occurred: Jan. 15 Declared a $1.25 per share cash dividend to shareholders of record on January 31 , payable February 15. Apr. 16 Deciared a 10\% stock dividend to shareholders of record on April 30, distributable May 15. On April 16, April 30 , and May 15 , the share prices were $12,$11.80, and $11.90, respectively. Oct. 1 Effected a 2-for-1 stock split. On October 1, the share price was $15. Dec. 31 Determined that net income for the year was $653,120. Open T accounts as required and post to the shareholders' equity accounts. (Post entries in the order presented in the question.) Dividends Declared Stock Dividends Distributable.

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