Sweet Acacia Limited has the following information available rega.pdf
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Sweet Acacia Limited has the following information available regarding its share capital at December 31.2023 : The shares were issued when the corporation began operations on January 1, 2022. No dividends were declared during 2022 and 2023. On October 27,2024, the board of directors declares the required preferred share dividends and a $0.50 dividend for each of the common shares. The dividends are payable on December 1,2024, to the shareholders of record on November 16.2024, (a) How much will be paid to each class of shares? Prepare journal entries on the appropriate dates for the 2024 dividends. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem. List all debit entries before credit entries.).
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Bonita Limited has the following information available regar.pdf
Bonita Limited has the following information available regarding its share capital at December 31,
2023: The shares were issued when the corporation began operations on January 1, 2022. No
dividends were declared during 2022 and 2023. On October 27,2024, the board of directors
declares the required preferred share dividends and a $0.50 dividend for each of the common
shares. The dividends are payable on December 1,2024, to the shareholders of record on
November 16,2024. Prepare journal entries on the appropriate dates for the 2024 dividends.
(Credit account titles are automatically indented when the amount is entered. Do not indent
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Journalize the 2022 transactions and post to the account Stock inv.pdf
Journalize the 2022 transactions and post to the account Stock investments. (Use the Taccount
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On December 31,2021 , the end of its first year of operations, Wildhorse Associates owned the
following securities, that are held as a long-term investments. The securities are not held for
influence or control of the investee. On Decamber 31, 2021, the total fair value of the securities
was equal to its cost. in 2022, the following transactions occurred. Mug: 1 Received 3050 per
share canh dividend on Gehring Co, common stock Sept. 1 Sold 1440 shares of Wooderson Ca.
commonstock for cash at $8 per share. Oc. 1 Sold 760 shares of Gehring Co. common stock for
cash at $33 per share. Now 1 Received $1 per share cash dividend on Kitselton Co. common
stock. Dec. 15 Recrived saso per shase cash dividend on Gehring Co. common stock. Dec. 31
Recelved $1 per share aninual cash dividend on Wooderson Ca. comman stock: At December 31,
the fair values per stare of the common stocks were: Gehring Co. $32. Wooderson Ca, 58 , and
Kitselton Ca. $20. These investments should be classifed as lons term..
The post-closing trial balance of Wildhorse Corporation at December 3.pdf
The post-closing trial balance of Wildhorse Corporation at December 31,2022 , contains the
following stockholders' equity accounts. A review of the accounting records reveals the
following. 1. No errors have been made in recording 2022 transactions or in preparing the
closing entry for net income. 2. Preferred stock is $50 par, 6%, and cumulative, 15,800 shares
have been outstanding since January 1,2021. 3. Authorized stock is 20,800 shares of preferred,
520,000 shares of common with a $10 par value. 4. The January 1 balance in Retained Earnings
was $1,190,000. 5. On July 1,19,400 shares of common stock were issued for cash at $18 per
share. 6. On September 1, the company discovered an understatement error of $92,400 in
computing salaries and wages expense in 2021 . The net of tax effect of $64,680 was properly
debited directly to Retained Earnings. 7. A cash dividend of $260,000 was dectared and properly
allocated to preferred and common stock on October 1. No dividends were paid to preferred
stockholders in 2021. 8. On December 31 , a 10% common stock dividend was declared out of
retained eamings on common stock when the market price per share was $18. 9. Net income for
the year was $595,000. 10. On December 31,2022 , the directors authorized disclosure of a
$208,000 restriction of retained earnings for plant
Compute the allocation of the cash dividend to preferred and common stock. Allocation of the
cash dividend to preferred stock Allocation of the cash dividend to common stock
(a) Reproduce the Retained Earnings account for 2022. (Uist items in order presented in the
problem.)
Prepare a stockholders' equity section at December 31, 2022. (Enter account name only and do
not provide descriptive information) WILDHORSE CORPORATION Partial Balance Sheet $$.
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Cullumber College pooled the individual investments of three of its funds on December
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$21,200 and distributed cash in these amounts to the respective funds. Realized gains on
transactions of the investment pool amounted to $22,000 and were reinvested in securities held
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account for the earnings of the investment pool during 2025. (Credit account titles are
automatically indented when the amount is entered. Do not indent manually. If no entry is
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before credit entries.)
Account Titles and Explanation Loan Fund Debit Credit Quasi-Endowment Fund Life Income
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Journalize the transactions and the closing entry for net income. .pdf
Journalize the transactions and the closing entry for net income. (List all debit entries before
credit entries. Record journal entries in the order presented in the problem. Credit account titles
are automatically indented when amount is entered. Do not indent manually.)
Enter the beginning balances in the accounts, and poat the journal entries to the stockhol ders'
equity accounts. (Use J5 for the
(c) Prspars a stockhalders' squity section at Decamber 31, 2022. (Enter the account name only
and do not provide the descriptive information provided in the question.) CULVER
CORPORATION Balance Sheet (Partial) $$
The stockholders' equity accounts of Culver Corporation on January 1, 2022, were as follows.
During 2022, the corporation had the following transactions and events pertaining to its
stockholders' equity. Feb. 1 Issued 24,000 shares of common stock for $116,000. Apr. 14 Sold
6,000 shares of treasury stock-common for $32,900. Sept. 3 Issued 5,200 shares of common
stock for a patent valued at \$35,700. Nov. 10 Purchased 1,000 shares of common stock for the
treasury at a cost of $5,700. Dec. 31 Determined that net income for the year was $415,000. No
dividends were declared during the year..
The stockholders' equity accounts of Sarasota Corp- on January 1- 2022.pdf
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equity. Feb. 1 Issued 5,000 shares of common stock for $30 , 000 . Mar. 20 Purchased 1,000
additional shares of common treasury stock at $9 per share. Oct. 1 Declared a 6\% cash dividend
on preferred stock, payable November 1. Nov. 1 Paid the dividend declared on October 1. Dec. 1
Declared a $0.75 per share cash dividend to common stockholders of record on December 15,
payable December 31 , 2022 . Dec. 31 Paid the dividend declared on December 1. (a) Prepare a
tabular summary that includes the January 1, 2022, balances. Do not include the beginning
balance in Retained Earnings in the tabular summary. (b) Record the 2022 transactions in the
tabular summary. for the particular Asset, Liability or Equity item that was reduced.).
Cash Dividends Date Explanation Ref Feb. 1 Dec. 1 De.pdf
Cash Dividends Date Explanation Ref Feb. 1 Dec. 1 Dec. 31 Debit Credit Balance Stock
Dividends Date July 1 Dec. 31 Explanation Ref Credit Balance
eTextbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit Answer
Journalize the transactions and the closing entries for net income and dividends. (Credit account
titles are automatically indented when amount is entered. Do not indent manually. If no entry is
required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal
entries in the order presented in the problem.)
July 31 Dec. 1 Common Stock Dividends Distributable Common Stock Cash Dividends
Dividends Payable Income Summary Retained Earnings (To close net income) Retained
Earnings Stock Dividends (To close stock dividends) Dec. 31 136500 Cash Dividends Retained
Earnings 151200
Prepare a stockholders' equity section at December 31. (Enter account name only and do not
provide descriptive information.)
On January 1, 2022, Oriole Corporation had the following stockholders' equity accounts. During
the year, the following transactions occurred. Feb. 1 Declared a \$2 cash dividend per share to
stockholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in
February. Apr. 1 Announced a 2-for-1 stock split. Prior to the split, the market price per share
was $39. July 1 Declared a 10\% stock dividend to stockholders of record on July 15,
distributable July 31 . On July 1, the market price of the stock was $15 per share. 31 Issued the
shares for the stock dividend. Dec. 1 Declared a \$0.40 per share dividend to stockholders of
record on December 15, payable January 5, 2023. 31 Determined that net income for the year
was $357,500.
Enter the beginning balances, and post the entries to the stockholders' equity accounts. (Note:
Open additional stockholders' equity accounts as needed.) (Post entries in the order of journal
entries presented in the previous part.)
Paid-in Capital in Excess of Par-Common Stock Date Explanation Ref Debit Jan. 1 Balance July
1v Credit Balance 212000 Retained Earnings Date Explanation Ref Debit Credit Jan.1 v Balance
Dec.31 v Net income Dec.31 Stock dividend Dec.31 Cash dividend Balance 936500 779000
627800.
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Bonita Limited has the following information available regarding its share capital at December 31,
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dividends were declared during 2022 and 2023. On October 27,2024, the board of directors
declares the required preferred share dividends and a $0.50 dividend for each of the common
shares. The dividends are payable on December 1,2024, to the shareholders of record on
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(Credit account titles are automatically indented when the amount is entered. Do not indent
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amounts. Record journal entries in the order presented in the problem. List all debit entries before
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Journalize the 2022 transactions and post to the account Stock investments. (Use the Taccount
form) (Rht ail debit entries before credit entries Credit account titler are outanoticoly indented
when omount is entered. Do not indent manually. If no entry is required, select "No entry" for
the account titles and enter Ofor the amounts. Record journol entries in the order presented in the
problem)
On December 31,2021 , the end of its first year of operations, Wildhorse Associates owned the
following securities, that are held as a long-term investments. The securities are not held for
influence or control of the investee. On Decamber 31, 2021, the total fair value of the securities
was equal to its cost. in 2022, the following transactions occurred. Mug: 1 Received 3050 per
share canh dividend on Gehring Co, common stock Sept. 1 Sold 1440 shares of Wooderson Ca.
commonstock for cash at $8 per share. Oc. 1 Sold 760 shares of Gehring Co. common stock for
cash at $33 per share. Now 1 Received $1 per share cash dividend on Kitselton Co. common
stock. Dec. 15 Recrived saso per shase cash dividend on Gehring Co. common stock. Dec. 31
Recelved $1 per share aninual cash dividend on Wooderson Ca. comman stock: At December 31,
the fair values per stare of the common stocks were: Gehring Co. $32. Wooderson Ca, 58 , and
Kitselton Ca. $20. These investments should be classifed as lons term..
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following stockholders' equity accounts. A review of the accounting records reveals the
following. 1. No errors have been made in recording 2022 transactions or in preparing the
closing entry for net income. 2. Preferred stock is $50 par, 6%, and cumulative, 15,800 shares
have been outstanding since January 1,2021. 3. Authorized stock is 20,800 shares of preferred,
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share. 6. On September 1, the company discovered an understatement error of $92,400 in
computing salaries and wages expense in 2021 . The net of tax effect of $64,680 was properly
debited directly to Retained Earnings. 7. A cash dividend of $260,000 was dectared and properly
allocated to preferred and common stock on October 1. No dividends were paid to preferred
stockholders in 2021. 8. On December 31 , a 10% common stock dividend was declared out of
retained eamings on common stock when the market price per share was $18. 9. Net income for
the year was $595,000. 10. On December 31,2022 , the directors authorized disclosure of a
$208,000 restriction of retained earnings for plant
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cash dividend to preferred stock Allocation of the cash dividend to common stock
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problem.)
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not provide descriptive information) WILDHORSE CORPORATION Partial Balance Sheet $$.
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are presented here: During 2025, the investment pool earned dividends of $11,600 and interest of
$21,200 and distributed cash in these amounts to the respective funds. Realized gains on
transactions of the investment pool amounted to $22,000 and were reinvested in securities held
in the pool. Prepare the journal entries that are necessary in the records of each of the funds to
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automatically indented when the amount is entered. Do not indent manually. If no entry is
required, select "No entry" for the account titles and enter 0 for the amounts. List all debit entries
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Journalize the transactions and the closing entry for net income. (List all debit entries before
credit entries. Record journal entries in the order presented in the problem. Credit account titles
are automatically indented when amount is entered. Do not indent manually.)
Enter the beginning balances in the accounts, and poat the journal entries to the stockhol ders'
equity accounts. (Use J5 for the
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and do not provide the descriptive information provided in the question.) CULVER
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During 2022, the corporation had the following transactions and events pertaining to its
stockholders' equity. Feb. 1 Issued 24,000 shares of common stock for $116,000. Apr. 14 Sold
6,000 shares of treasury stock-common for $32,900. Sept. 3 Issued 5,200 shares of common
stock for a patent valued at \$35,700. Nov. 10 Purchased 1,000 shares of common stock for the
treasury at a cost of $5,700. Dec. 31 Determined that net income for the year was $415,000. No
dividends were declared during the year..
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equity. Feb. 1 Issued 5,000 shares of common stock for $30 , 000 . Mar. 20 Purchased 1,000
additional shares of common treasury stock at $9 per share. Oct. 1 Declared a 6\% cash dividend
on preferred stock, payable November 1. Nov. 1 Paid the dividend declared on October 1. Dec. 1
Declared a $0.75 per share cash dividend to common stockholders of record on December 15,
payable December 31 , 2022 . Dec. 31 Paid the dividend declared on December 1. (a) Prepare a
tabular summary that includes the January 1, 2022, balances. Do not include the beginning
balance in Retained Earnings in the tabular summary. (b) Record the 2022 transactions in the
tabular summary. for the particular Asset, Liability or Equity item that was reduced.).
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Cash Dividends Date Explanation Ref Feb. 1 Dec. 1 Dec. 31 Debit Credit Balance Stock
Dividends Date July 1 Dec. 31 Explanation Ref Credit Balance
eTextbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit Answer
Journalize the transactions and the closing entries for net income and dividends. (Credit account
titles are automatically indented when amount is entered. Do not indent manually. If no entry is
required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal
entries in the order presented in the problem.)
July 31 Dec. 1 Common Stock Dividends Distributable Common Stock Cash Dividends
Dividends Payable Income Summary Retained Earnings (To close net income) Retained
Earnings Stock Dividends (To close stock dividends) Dec. 31 136500 Cash Dividends Retained
Earnings 151200
Prepare a stockholders' equity section at December 31. (Enter account name only and do not
provide descriptive information.)
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the year, the following transactions occurred. Feb. 1 Declared a \$2 cash dividend per share to
stockholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in
February. Apr. 1 Announced a 2-for-1 stock split. Prior to the split, the market price per share
was $39. July 1 Declared a 10\% stock dividend to stockholders of record on July 15,
distributable July 31 . On July 1, the market price of the stock was $15 per share. 31 Issued the
shares for the stock dividend. Dec. 1 Declared a \$0.40 per share dividend to stockholders of
record on December 15, payable January 5, 2023. 31 Determined that net income for the year
was $357,500.
Enter the beginning balances, and post the entries to the stockholders' equity accounts. (Note:
Open additional stockholders' equity accounts as needed.) (Post entries in the order of journal
entries presented in the previous part.)
Paid-in Capital in Excess of Par-Common Stock Date Explanation Ref Debit Jan. 1 Balance July
1v Credit Balance 212000 Retained Earnings Date Explanation Ref Debit Credit Jan.1 v Balance
Dec.31 v Net income Dec.31 Stock dividend Dec.31 Cash dividend Balance 936500 779000
627800.
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selected transactions relate to bonds acquired as an investment by Blossom Farms, whose fiscal
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year, 6% bonds dated January 1,2020 , directly from the issuing corporation. July 1 Received the
semiannual interest on the Dover bonds. Dec. 31 Accrual of interest at year-end on the Dover
bonds. Assume that all intervening transactions and adjustments have been properly recorded
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founder, to rocowe his first assignment: Gare told him, "Why don't you find something you'd like
to do: Dougherty was shocksd at the informalty but quicky recovered and becan interrogating
variout maragers about thet activeties. He was artracted to a now product called Gore-Tex, a
membrane that was waterproof but breathable when bonded to tabric. The noxt moming, he came
to work dressed in jeans and began holping feed tabric hito the maw of a large laminatoc. Flve
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Gore died in 1986, but the organization he designed stil runs in the same informal way as belore.
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can choose to work with 'teaders' who emerge organically in the process of addressing work's
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world. The plants are kept smal - up to 200 people - to maintain a farnity atmosphere. "tt' much
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structure is lean. Good human redations is a mare important value than inesnat efficiency. The
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crganization: one that foiters its members' atdites to sell-manage and set-orgarize." Coime
continues for 1 , Gom fas noreasingly focubed its attention on Carrefour Cambour is one of the
giants in todiny's gooal retal. ing, in 1963, Carnefour porneored the concept of the beinging
together the indicional food-based superrmer: from cothes to house pent to conputers: 'everytting
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employees, on four continents. Ayhough in some markets Camefour cperates a number of other
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for beginners, providing thorough training in areas such as SEO, digital communication marketing, and PPC training in Noida. After finishing the program, students receive the certifications recognised by top different universitie, setting a strong foundation for a successful career in digital marketing.
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YouTube:-
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Teligram :- https://t.me/special_education_needs
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Embracing GenAI - A Strategic Imperative
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
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TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH ANSWERS.
A Strategic Approach: GenAI in Education
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
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