Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. shopify sold 7.7m shares of no par common stock du

Shopify sold 7.7m shares of no par common stock during its IPO for $28/share. The...

50.1K

Verified Solution

Question

Accounting

image
Shopify sold 7.7m shares of no par common stock during its IPO for $28/share. The journal entry to record the sale is: DR Cash $215.6m CR [Select] D Question 3 1.5 pts On September 18th, 2019 Microsoft Corp. announced that its board of directors declared a quarterly dividend of $0.51 per share, reflecting a 5 cent or 11% increase over the previous quarter's dividend. The dividend is payable Dec. 12, 2019, to shareholders of record on Nov. 21, 2019. September 18th, 2019 is the: [Select] November 21st, 2019 is the: [Select] (Select] Date of Record December 12, 2019 is the: Date of Payment Date of Declaration

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Consider f x cos x 2 cosx over one complete period beginning with x 0...

Calculus
Q

You are considering making a movie. The movie is expected to cost $ 10.7 million up...

Finance
Q

Class, describe the differences between financial and managerial accounting. Focus your post on the different type...

Accounting
Q

COAGULATION – Treatment of a water supply required 60 mg/l of alum as a coagulant. The...

Civil Engineering
Q

You are choosing between two projects. The cash flows for the projects are given in the...

Finance
Q

Statement 1 As given in diagram the direction of magnetic field at point P is...

Physics
Q

Determine the type of distribution center and spre mean and five number summaries minimum first...

Basic Math
Q

The speed of light in a vacuum is about 300,000,000 meters per second,which can be...

Basic Math
Q

A local high school held a two day fundraiser selling lunches The equations shown represent...

Basic Math
Q

Single Plantwide and Multiple Production Department Factory Overhead Rate Methods and Product Cost Distortion The...

Accounting
Q

Northwood Company manufactures basketballs. The company has a ball that sells for $25. At present,...

Accounting
Q

A naked call option writer 1. profits if stock prices rise 2. profits if stock...

Finance