Compute the reconciled balance: Bank statement balance: 261.47 Checkbook balance: 335.12 Outstanding deposits: 108.50 and 213.17 Outstanding checks: 18.25, 22.50, and 325.00 Service charge: 9.40 Automatic charge for printing checks: 11.00 Automatic transfer to savings: 100.00 Bank interest credited: 2.67
Question 2
The Fuller Company earned 106,00 . last year. The capital stock of the company consists of 500,00 . of 6 preferred stock and 1,200,00 . of common stock. The directors declare a dividend of the entire earnings. Compute the total amount that will be paid to the holders of common stock.
