Transaction 1 A customer paid the Company $60,000 for a special order that requires customizing the units the Company normally sells. The Company c..
Q:
Transaction 1
A customer paid the Company $60,000 for a special order that requires customizing the units the Company normally sells. The Company completed this order in February 2010.
Transaction 2
The Company paid a deposit of $40,000 with a manufacturer for units required to complete the special order above. The Company anticipates receiving these items in January 2010.
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.
.
.
Transaction 26
On December 1, 2009 the Board of Directors of the Company declared a dividend of $80,000 payable on January 3, 2010.
Transaction 27
As of December 31, 2008 the Company had 1,000 shares of common stock authorized and 500 shares issued and outstanding. The Board of Directors of the Company also declared a 5 for 1 common stock split effective December 15, 2009.
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Q:
Transaction 1
A customer paid the Company $60,000 for a special order that requires customizing the units the Company normally sells. The Company completed this order in February 2010.
Transaction 2
The Company paid a deposit of $40,000 with a manufacturer for units required to complete the special order above. The Company anticipates receiving these items in January 2010.
.
.
.
.
Transaction 26
On December 1, 2009 the Board of Directors of the Company declared a dividend of $80,000 payable on January 3, 2010.
Transaction 27
As of December 31, 2008 the Company had 1,000 shares of common stock authorized and 500 shares issued and outstanding. The Board of Directors of the Company also declared a 5 for 1 common stock split effective December 15, 2009.
PLEASE GET ANSWER FROM
homework help
online accouting
web hosting
dedicated server hosting
