Author Question: The check register of Boswell Co indicated a cash balance of 3,689.50 at the beginning of the month. ... (Read 60 times)

yoroshambo

  • Hero Member
  • *****
  • Posts: 566
The check register of Boswell Co indicated a cash balance of 3,689.50 at the beginning of the month. During the month Boswell Co made two deposits of 1,450.34 and 950.30 . During the same month Boswell Co wrote checks for 140.50, 1,469.29, 51.90, and 789.12 . What balance should the register show for cash at the end of the month?

Question 2

The Hybrid Company earned 52,00 . last year. The capital stock of the company consists of 300,00 . of 7 cumulative preferred stock and 200,00 . of common stock. The directors declared a dividend of the entire earnings. During the previous year, the company earned only enough to pay a 2 dividend on preferred stock. What is the total amount that will be paid to the holders of common stock?



Beatricemm

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

3,639.33

Answer to Question 2

16,000



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

For a complete list of videos, visit our video library