Author Question: On December 15, 2011, the board of directors of Ryes, Inc declared a cash dividend of 2 per share on ... (Read 72 times)

captainjonesify · **on:** Jul 5, 2018

On December 15, 2011, the board of directors of Ryes, Inc declared a cash dividend of 2 per share on the 100,000 common shares outstanding, payable January 8, 2012. No dividends were declared in 2012.

For each item, write in the amount (even if 0 ) in the column of the one financial statement where the amount is found.

December 31, 2011 financials: Income Statement Statement of Changes in Shareholders' Equity Statement of Cash Flows Balance Sheet
1. Dividends payable
2. Dividends
3. Dividends paid

December 31, 2012 financials: Income Statement Statement of Changes in Shareholders' Equity Statement of Cash Flows Balance Sheet
4. Dividends payable
5. Dividends
6. Dividends paid

What will be an ideal response?

Question 2

Employers report payroll taxes withheld each quarter using ___________________ _.
Fill in the blank(s) with correct word

aliotak · **Reply #1 on:** Jul 5, 2018

Answer to Question 1

Income Statement Statement of Changes in Shareholders' Equity Statement of Cash Flows Balance Sheet
1. 200,000
2. (200,000 )
3. 0
4. 0
5. 0
6. (200,000 )

Answer to Question 2

Form 941