Mocha Company earned net income of $ 105,000 during the year ended December 31, 2018. On December 15, Mocha declared the annual cash dividend on its 2% preferred stock (par value, $ 125,000) and a $0.25 per share cash dividend on its common stock (62,000 shares). Mocha then paid the dividends on January 4, 2019.

Journalize for Mocha the entry declaring the cash dividends on December 15, 2018.

Following are the transactions for valdez services. the company paid $2,000 cash for payment on a 6-month-old account payable for office supplies. the company paid $1,200 cash for the just completed two-week salary of the receptionist. the company paid $39,000 cash for equipment purchased. the company paid $800 cash for this month’s utilities. the company paid $4,500 cash in dividends to the owner (sole shareholder). examine the above transactions and identify those that create expenses for valdez services. prepare general journal entries to record those transactions that created expenses in the above given order.

The simple interest in a loan of $200 at 10 percent interest per year is

Samantha is interested in setting up her own accounting firm and wants to specialize in the area of accounting that has experienced the most significant growth in recent years. which area of accounting should she choose as her specialty? samantha should choose as her specialty.