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Homework answers / question archive / Calculate the average per share amount of the preferred and common shares at January 1, 2021
Calculate the average per share amount of the preferred and common shares at January 1, 2021. (Round answers to 2 decimal places, e.g. 52.75.)
Prepare a schedule to show the balance in the dividend payable account on July 31, 2022.
Show the dollar amount of the share capital accounts of Marin's balance sheet as at July 31, 2022.
Average per share
Preferred shares$
Common shares$
| Preferred | Common | Total | |||||
| Feb. 20 | Declared dividend | $
|
$
|
$
|
|||
| Mar. 5 | Paid dividend | $
|
$
|
$
|
|||
| Ending balance | $
|
$
|
$
|
MARIN MERCHANDISING INC.
Balance Sheet (Partial)
