Charter Schools,Inc

question 36

Essay

Charter Schools,Inc.is authorized to issue 500,000 shares of $2 par common stock.The company issued 106,000 shares at $6 per share.When the market price of common stock was $10 per share,Charter declared and distributed a 10% stock dividend.Later,Charter declared and paid a $0.10 per share cash dividend.
Prepare the journal entries to record these transactions.Explanations are not required.

Understand the role and function of social media in enhancing e-commerce, referred to as social commerce.

Understand major labor laws and their impacts on relationships between unions, employees, and employers.

Identify various types of union shops and their legal statuses.

Recognize the rights of employees under labor laws.

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Definitions:

Renal Blood Flow

The amount of blood that passes through the kidneys per unit time, crucial for kidney function and filtration.

Sodium Reabsorption

The process by which sodium ions are reabsorbed from the kidney tubules back into the bloodstream, playing a critical role in regulating blood pressure and fluid balance.

Antitussive

A medication used to suppress or relieve coughing.

Cough Reflex

A protective reflex that helps clear the airways of mucus, irritants, and pathogens through a sudden, often repetitive, expulsion of air from the lungs.