Smart consulting paid cash dividends
WebDec 16, 2024 · A dividend is a payment that a corporation pays to its shareholders. These payments are a portion of the company’s profits that it passes on to its investors. … WebJournalize the following selected transactions for October 20Y2 in a two-column journal. Journal entry explanations may be omitted. If an amount box does not require an entry, leave it blank. Oct. 1. Paid rent for the month, $2,500. 4. Paid advertising expense, $1,000. 5. Paid cash for supplies, $1,800.
Smart consulting paid cash dividends
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WebJun 22, 2024 · Dividends can be paid in cash or in shares of stock. In most cases, companies that pay dividends to shareholders do so quarterly. That means if you own a … WebThe following transactions occurred during July: 1.Received $900 cash for services provided to a customer during July. 2.Issued common stock for $2,200 cash. 3.Received $750 from a customer in partial payment of his account receivable which arose from sales in June. 4.Provided services to a customer on credit,$375. 5.Borrowed $6,000 from the bank by …
WebNov 27, 2024 · And look at what this group of dividend dynamos is delivering. The average portfolio yield is 7.5%, which is well more than 4x the S&P 500 right now. That translates to $3,125 every month on a ... WebExpert Answer. 100% (2 ratings) Transcribed image text: Transactions Innovative Consulting Co. has the following accounts in its ledger: Cash, Accounts Receivable, Supplies, Office Equipment, Accounts Payable, Common Stock, Retained Earnings, Dividends, Fees Earned, Rent Expense, Advertising Expense, Utilities Expense, Miscellaneous Expense.
WebApr 13, 2024 · Step 2: Figure out how much the dividend pays. Finding out how much the dividend payout will be can be done by taking the dividend yield and dividing it by the price of the shares. For example, a company with a $500 stock price may announce a 3% dividend. In this case, 3% of $500 is $15, meaning that the annual dividend amount will be … WebQuestions and Answers for [Solved] If cash is received from customers in payment for services that have not yet been performed,the business would record the cash receipt as: A)A debit to an unearned revenue account. B)A debit to a prepaid expense account. C)A credit to an unearned revenue account. D)A credit to a prepaid expense account. E)A …
WebJan 31, 2024 · A summary of cash flows for Parker Consulting Group for the year ended January 31, 20Y4, follows: Cash receipts: Cash received from customers $1,200,000 Cash received from issuing common stock 90,000 Cash payments: Cash paid for operating expenses 800,000 Cash paid for land 300,000 Cash paid for dividends 36,000 The cash …
WebExample of a cash dividend. Let's look at a real example of a cash dividend. Lowe's board of directors declared a quarterly cash dividend of 80 cents per share, payable on May 4, 2024, to ... green kitchen cabinet paint colorsWebApr. 30 The company paid $2,300 cash for this month’s utility bill. Create a General Journal. Deb Kelley opens a web consulting business called Smart Deals and completes the following transactions in its first month of operations. Prepare journal entries for each transaction and identify the financial statement impact of each entry. green kitchenaid mixer colorsWeb31. Paid electricity bill for the month, $900. 31. Paid dividends, $1,50. Innovative Consulting Co. has the following accounts in its ledger: Cash, Accounts Receivable, Supplies, Office Equipment, Accounts Payable, Common Stock, Retained Earnings, Dividends, Fees Earned, Rent Expense, Advertising Expense, Utilities Expense, Miscellaneous ... green kitchen cabinet color ideasWebFeb 16, 2024 · Accounting archive containing a full list of accounting questions and answers from February 16 2024. green kitchen 2nd ave 84th stWebSmart Consulting, paid cash dividends of $2,000 to its common stockholders. Identify the general journal entry below that Smart Consulting will make to record the transaction. … flyers stream live free redditWebJun 22, 2024 · Dividends can be paid in cash or in shares of stock. In most cases, companies that pay dividends to shareholders do so quarterly. That means if you own a dividend stock you can count on a dividend payout every three months. Some companies, however, choose to pay dividends out monthly, semiannually or annually instead. green kings crown glasswareWebDividends declared prior to Q2 2006 have been restated on a post-split basis. Note (1): U.S. dividend rates apply to U.S. Registered shareholders and U.S. Ownership Statement holders only. Note (2): Dividend rates quoted are gross dividend rates. Actual dividends paid to holders outside Canada are reduced by the applicable Non-residents withholding tax. flyers stream live free