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Momorin5625
23.03.2020 •
Business
On October 1, 2021, Chief Corporation declared and issued a 10% stock dividend. Before this date, Chief had 80,000 shares of $5 par common stock outstanding. The market price of Chief Corporation on the date of declaration was $10 per share. As a result of this dividend, Chief's retained earnings will:
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Ответ:
Decrease by $80,000
Explanation:
The journal entries are shown below;
Retained earning Dr $80,000 (8,000 shares × $10)
To Common stock $40,000 (8,000 shares × $5)
To Paid in capital in excess of par $40,000 (8,000 shares × $5)
(Being the retained earning is recorded)
So by passing this journal entry we get to know that the retained earning will decreases by $80,000
Ответ:
See explanation
Explanation:
Even though the image is missing here but i believe that the other pancakes are at different temperatures. If this is the case, the pancake at the highest temperature will make the bottom pancake the warmest due to transfer of thermal energy.
The transfer of thermal energy between the hotter pancake and the bottom pancake occurs by conduction. Conduction is a mode of transfer of thermal energy that occurs when the two bodies are in close contact with each other.
After they have been touching for a while, the temperature of the bottom pancake increases while the temperature of the top pancake decreases since thermal energy is being transferred from the top pancake to the bottom pancake.