Hi, I have a question regarding stock dividends declared(not paid yet). Question: Prepare the journal entry if the board of directors declared a 15% stock dividend on the common stock Common Stock - $100,000 Is it done this way ?(This is what I think.) Retained Earnings 15000 Dividends...

Journal entries for dividend declared... Entries for partial amount paid from dividend declated... How it is effected in financial statements?

The Board of Directors declared a $2.25 per share dividend on the 3,000 shares of $75 par value common stock outstanding. The dividends will be payable on January 31 2006 to all stockholders of record as of January 25. This entry made as of Dec. 30 DR. Dividends Declared $6,750 CR....

IF I decide to declare bankruptcy do the courts come into my home and remove all items of any value, I have children and if I decide to go ahead the more info as to what happens when would be good to know so as to protect them as much as possible. Thank you

I work for a company where the customer has to pay me in advance before getting their product. I have to order the product from the wholesaler after I receive the money. I sold a product for $14.84, $7.00 will be profit, and $7.00 and $0.84 in taxes are going to be sent to the wholesaler for the...