2 0 points eBook Hint Print References Prepare journal entries to record each of the following four separate issuances of stock. 1. A corporation issued 9,000 shares of $20 par value common stock for
Answers
1.Credit: Additional Paid-in Capital $36,000
2.Credit: Common Stock (Excess of Stated Value over Par Value) $51,500
3.Credit: Common Stock $56,000
4.Credit: Additional Paid-in Capital $56,000
Let's prepare the journal entries to record each of the four separate issuances of stock:
1.Issuance of 9,000 shares of $20 par value common stock for $216,000 cash:
Date: [Date of issuance]
Debit: Cash $216,000
Credit: Common Stock $180,000
Credit: Additional Paid-in Capital $36,000
2.Issuance of 4,500 shares of no-par common stock to promoters in exchange for their efforts, estimated to be worth $56,000. The stock has a $1 per share stated value:
Date: [Date of issuance]
Debit: Promoters' Efforts $56,000
Credit: Common Stock (Stated Value) $4,500
Credit: Common Stock (Excess of Stated Value over Par Value) $51,500
3.Issuance of 4,500 shares of no-par common stock to promoters in exchange for their efforts, estimated to be worth $56,000. The stock has no stated value:
Date: [Date of issuance]
Debit: Promoters' Efforts $56,000
Credit: Common Stock $56,000
4.Issuance of 2,250 shares of $100 par value preferred stock for $281,000 cash:
Date: [Date of issuance]
Debit: Cash $281,000
Credit: Preferred Stock $225,000
Credit: Additional Paid-in Capital $56,000
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The complete question is:
Prepare journal entries to record each of the following four separate issuances of stock.
1. A corporation issued 9,000 shares of $20 par value common stock for $216,000 cash.
2. A corporation issued 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $56,000. The stock has a $1 per share stated value.
3. A corporation issued 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth$56,000. The stock has no stated value.
4. A corporation issued 2,250 shares of $100 par value preferred stock for $281,000 cash.
Related Questions
How many nickels make 30 cents?.
Answers
A nickel coin is equal to 5 cents. To make 30 cents, we need 6 nickels.
The nickel is the five-cent coin of the United States. Thomas Jefferson, our third president, is depicted on the obverse (heads) of the nickel. Although the current portrait is from 2006, he has been on the cent since 1938.
The United States Mint added a new portrait of Jefferson to the front of the nickel in 2005 to give the currency a more modern appearance. Joe Fitzgerald created the image. The Mint had designed two possible reverse sides of the coin, each with a distinct motif based on "a Westward Journey." One design portrayed the American bison, while the other depicted the Pacific Ocean, the expedition's ultimate aim.
A nickel = 5 cents.
It means that:
2 nickels = 2 x 5 cents = 10 cents
3 nickels = 3 x 5 cents = 15 cents
Therefore, to get 30 cents, we need: 30/5 = 6 nickels.
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When should you receive your w-2 form from your employer?.
Answers
Answer: January 31
Explanation: by January 31 each year or the next business day if the date falls on a weekend or holiday.
In your discussion (from question 1), report to Pieter Boone the environment in which Pick n Pay operates, (Further research is encouraged).
Answers
Pick n Pay operates in the retail industry in South Africa, which is a dynamic and competitive market. The company faces various environmental factors, including economic conditions, consumer behavior, technological advancements, regulatory policies, and social trends. Conducting further research will provide a more comprehensive understanding of the specific environment in which Pick n Pay operates.
The environment in which Pick n Pay operates can be influenced by several factors. Firstly, economic conditions play a crucial role as they impact consumer spending power, inflation rates, and overall market growth. Changes in GDP, employment levels, and disposable income can significantly affect consumer behavior and purchasing decisions.
Consumer behavior and preferences are another important aspect. Factors such as shifting demographics, changing lifestyles, and increasing health-consciousness can influence the demand for certain products and services. Pick n Pay needs to stay updated on these trends to effectively cater to customer needs and stay competitive.
Technological advancements are rapidly transforming the retail industry. E-commerce, mobile applications, and digital platforms have reshaped the way consumers shop and interact with retailers. Pick n Pay needs to adapt to these technological changes to enhance the customer experience, streamline operations, and stay relevant in the market.
Regulatory policies and compliance requirements also impact Pick n Pay's operations. Government regulations related to labor, taxes, food safety, and environmental sustainability can impose additional costs and affect business practices.
Lastly, social trends and cultural factors shape consumer preferences and expectations. Growing awareness of sustainability, ethical sourcing, and social responsibility can influence consumer choices and impact Pick n Pay's reputation.
Conducting further research on the specific market dynamics, industry trends, and competitive landscape will provide a deeper understanding of the environment in which Pick n Pay operates. This knowledge will enable the company to make informed decisions, identify growth opportunities, and effectively respond to the ever-changing business landscape.
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10. According to the inventory life cycle,
after a retailer receives products, the next
step is
• A. to display products.
• B. that the retailer prices products.
• C. inventory is purchased.
• D. that the customer shops the store.
B
Answers
Answer:
B. that the retailer prices products.
Explanation:
In the inventory life cycle, after a retailer receives products, the usual next step is to display the products, arranging them properly for customer viewing and ensuring they have accurate price tags.
Explanation:According to the inventory life cycle in the retail business, after a retailer receives products, the next step is usually to display products (Option A). This is because once products are received, the goal is to prepare them for sale to customers as quickly as possible. Proper product display includes arranging goods attractively, often following visual merchandising principles, and making sure all items have accurate price tags so customers can make informed purchasing decisions. Following product display, customers can then shop the store (Option D).
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According to equity theory,____is an input to the employee -employer exchange.
A. a challenging assignment.
B.skils
C.pay
D.job security
E.safe working environment .
Answers
According to equity theory, pay is an input to the employee-employer exchange.
Equity theory, developed by J. Stacy Adams, suggests that individuals strive for fairness and equity in social exchanges. In the context of the employee-employer relationship, equity theory proposes that employees compare the inputs (such as effort, skills, time, and dedication) they contribute to their work with the outcomes (such as pay, recognition, and benefits) they receive in return.
Among the options provided, pay directly relates to the outcomes received by employees in exchange for their inputs. Pay refers to the monetary compensation an employee receives for their work and is a significant factor in determining the fairness and equity of the employee-employer relationship.
While other options such as a challenging assignment, skills, job security, and a safe working environment may also influence the employee-employer exchange and contribute to the overall work experience, pay specifically represents the compensation aspect of the exchange relationship.
Therefore, the correct answer is C. Pay.
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what's your strategy with the retargeting campaign? and what will you use to measure performance? mimic pro
Answers
I will use mimic pro to measure performance of the retargeting campaign. The strategy will be to use a landing page that leads to a sales funnels.
What is a retargeting campaign?After they leave your website without purchasing, retargeting campaigns remind them of your products and services. After viewing specified pages, it allows you to retarget them and provide relevant visual or text adverts to your visitors when they visit other websites.
Mimic Pro is a Digital Marketing Simulation used by students at iSB Creative Digital Marketing. When working with PPC ads, this simulation significantly shortens the learning curve, allowing students to spend less time digesting core principles and more time gaining valuable practices.
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what do you mean by office personal
Answers
Answer:
an office personal is a private office space.so having a private office you have more privacy and this can result in higher productivity if your work requires full concentration.
Explanation:
hope that help
PLEASE HELP QUICK!!!
Which of the following is an advantage of buying your home over renting?
(1 point)
O You do not have to worry about the housing market in your area.
O The amount you pay each month is set by the terms of your mortgage.
O If something breaks, you have to fix it or pay to have it fixed.
O Your mortgage payments will far exceed the value of your home.
Answers
Answer:
The amount you pay each month is set by the terms of your mortgage.
Explanation:
connexus
Betty is assessing the effectiveness of her firm's marketing communications. She knows the ultimate goal is to
Answers
Answer:
drive the receiver to action.
Explanation:
Using the AIDA model of assessing the effectiveness of the marketing, the ultimate goal of any marketer is to drive the receiver to action.
AIDA is acronym for Attention, Interest, Desire, and Action.
The last step in marketing and advertising is to lead the receiver to action, action of buying the product or service. Any marketer campaigning an advertisment for his/her product keeps a goal of driving the customers in buying the product.
So, in the given scenario also, Betty's ultimate goal will be to drive receiver to action.
1. A parent company sells land to its wholly-owned subsidiary in 2015, reporting a gain of $35,000. In 2020, the subsidiary sells the land to an outside developer and reports a gain of $60,000. In the 2020 consolidation working paper, the elimination of this transaction will result in: A. A $35,000 decrease in beginning retained earnings B. A $60,000 increase in investment in subsidiary C. A $95,000 decrease in land D. A $35,000 increase in gain on sale of land
Answers
Answer:
Explanation:
A $60,000 increase in investment in subsidiary
which features contribute to 2022 altima’s confident handling?
Answers
The confident handling of altima’s car is a features which aims to improve driver's experience while handling the car.
The features contribute to 2022 altima’s confident handling includes:
Available Intelligent All-Wheel DriveAvailable Intelligent Trace Control (I-TC)4-wheel independent suspensionDual-Pinion Electric Power Steering (DP-EPS),
Therefore, the Option A, B, C and D is correct.
Missing option includes "Available Intelligent All-Wheel Drive, Available Intelligent Trace Control (I-TC), 4-wheel independent suspension, Dual-Pinion Electric Power Steering (DP-EPS), Timing-chain-driven camshafts"
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A company that transforms cotton into wearable clothing is considered a
service business.
manufacturer.
builder.
raw-goods producer.
Answers
A company that transforms cotton into wearable clothing is considered a manufacturer.
Manufacturing involves transforming raw materials, such as cotton, into finished goods, such as clothing, through a series of processes. In this case, the cotton is first cleaned and spun into yarn, which is then woven or knitted into fabric. The fabric is then cut and sewn into clothing. Manufacturing is a key sector of the economy, as it contributes to the creation of finished goods that can be sold to consumers or used by other businesses. It also creates jobs and generates economic growth.
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Why very few subsistence economies exist today
Answers
Answer:
As previously mentioned,
subsistence markets are
extremely vulnerable to
external influences.
Because of this
vulnerability, these economies are
becoming more scarce around the
world. In the past, for example, large
populations of indigenous peoples lived
throughout North America.
Christine hires a deck company to build a deck. The company initially does a terrible job and agrees to rebuild it. A court requires the company to pay for the cost of the inspection that Christine has done to ensure the rebuilt deck is structurally sound. This is an example of which type of monetary award
Answers
Based on the fact that the company will pay for the cost of inspection that Christine incurred, this is an incidental damage.
What is an incidental damage?Incidental damages are given out to cover expenses that were not originally in the contract, but came about to ensure the contract is fulfilled.
The cost of inspection made sure that the company did the job of building the deck and making the company pay makes it an incidental damage.
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I definitely would love to have sex with you as often as possible!I definitely would love to have sex with you as often as possible!I definitely would love to have sex with you as often as possible!p
Question no. 1
what would be % of deliverables during a bcp invocation?
o 100% - as during a normal business day
o no deliverables
o% mutually agreed with the client
Answers
Answer:
The % is Mutually agreed with the client.
Explanation:
Depending on the circumstances, a Business Continuity Plan (BCP) invocation may require a different number of deliverables.
Achieving 100% deliverables as during a typical work day is not always possible. Regular operations could not always be possible due to the impact of the incident or BCP's shortcomings.
In these situations, the percentage of deliverables that can be accomplished during the BCP invocation is mutually agreed upon by the organisation and its clients. The importance of the services, the resources at hand, and the client's comprehension and acceptance of the situation are all taken into account when calculating this proportion.
The objective is to find a balance that permits the continuation of crucial operations while minimising the effects of the occurrence.
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Bob decides to quit his job as a teacher in which he makes $50.000 to open a restaurant. The explicit cost of running his restaurant is $500.000 while the revenue go his business is 525,000. What is his accounting profit or loss? What is his economic profit or loss? What is the implicit cost in this example?
Answers
The accounting profit is $25,000.
The economic loss is $-25,000.
The implicit cost is the income Bob earned as a teacher.
What is the implicit cost, economic loss and accounting profit?
Accounting profit is the difference between the explicit cost and the revenue of running a business. Explicit costs are the costs that are actually incurred in the course of a running a business. Examples of explicit costs are rent, wages.
Accounting profit = revenue - explicit cost
$525,000 - $500,000 = $25,000
Economic profit is the difference between accounting profit and implicit cost. Implicit cost is the opportunity that is forgone when one option is chosen over other alternatives. The implicit cost in this question is the income of Bob as a teacher.
Economic profit = accounting profit - implicit cost
$25,000 - $50,000 = $-25,000
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what does the abbreviation of CD stand for. (this is financial i put it under business because it is the closest thing to financial literacy)
A. certificate of disposal
B.certificate of interest
C.credit of deferral
D.certificate of deposit
Answers
Answer:
D) certificate of deposit.
Explanation:
High quality products marketed to high income individuals A) Economy Pricing B) Bundle Pricing C) Market Penetration D) Price skimming E) Premium pricing
Answers
Which of the following statements regarding the financial statement impact of inventory costing is false?
When purchase prices are changing, the methods to assign inventory costs result in different amounts for cost of goods sold.
Inventory on the balance sheet approximates current cost when first-in, first-out (FIFO) is used.
The weighted average method smooths out erratic changes in costs.
Selected costing method does not impact net income.
Cost of goods sold on the income statement approximates current cost when last-in, first-out (LIFO) is used.
Selected costing method does not impact net income.
Answers
The statement that is false regarding the financial statement impact of inventory costing is that selected costing method does not impact net income. The costing method used to value inventory on the balance sheet and cost of goods sold on the income statement does have an impact on net income.
Depending on the method used, the inventory value on the balance sheet and cost of goods sold on the income statement will be different. For instance, when purchase prices are changing, the methods to assign inventory costs result in different amounts for cost of goods sold.
Additionally, when using the first-in, first-out (FIFO) method, the inventory on the balance sheet approximates current cost, while the last-in, first-out (LIFO) method approximates current cost for cost of goods sold on the income statement. Moreover, the weighted average method smooths out erratic changes in costs. Therefore, it is important to understand how the selected costing method impacts net income.
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Ceteris paribus, when internal processes are inadequate or even fail, losses can occur that result from what type of risk? Multiple Choice credit risk trading risk operational riskinterest-rate risk
Answers
When internal processes are inadequate or fail, losses can occur that result from operational risk. Option C is answer.
Operational risk is the risk of loss resulting from inadequate or failed internal processes, people, and systems or from external events. It includes a wide range of risks, including human error, system failures, fraud, cyber attacks, legal and regulatory compliance failures, and natural disasters. Inadequate or failed internal processes can lead to errors, delays, and other operational failures that can result in financial losses, reputational damage, and other negative impacts on the organization.
Option C is answer.
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the types of companies that make particularly attractive acquisition targets when employing an unrelated diversification strategy are
Answers
The types of companies that make particularly attractive acquisition targets when employing an unrelated diversification strategy
are those that operate in different industries or have diverse product/service offerings. These companies can bring complementary expertise, resources, and customer bases to the acquiring company, reducing its reliance on a single industry or market. By diversifying into unrelated industries, the acquiring company can mitigate risks associated with economic fluctuations or industry-specific challenges, and potentially unlock new growth opportunities. Additionally, acquiring companies with strong management teams, established brand recognition, and scalable business models can further enhance the attractiveness of such acquisition targets for unrelated diversification strategies.
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You would use Query by Example, if _____.
a.
you wish to use a visual approach to query building
b.
you use a template for reports
c.
wish teach SQL with examples
d.
you build a query from an example
Answers
The correct answer is A. You would use Query by Example if you wish to use a visual approach to query building
A visual approach is a method to a runway at an airport performed beneath device flight regulations (IFR) however wherein the pilot proceeds with the aid of visible reference and clear of clouds to the airport. The pilot ought to always have either the airport or the previous aircraft in sight. This method needs to be legal and underneath the manipulation of the ideal air traffic management (ATC) facility.
The global Civil Aviation company (ICAO) definition adds that the visible method can begin when "both element or all of an instrument method is not completed", various most effective barely from the Federal Aviation management law and is basically identical. The visible technique lets a pilot fly to the runway without having to perform a tool method.
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name two methods used to measure inequality of income in a country
Answers
The most commonly used inequality measure are the Gini coefficient ( based on Lorenz curve ) and the percentile or share ratios. This measures try to capture overall dispersion of income; how were they tend to people different leavles of importantance on the bottom middle and top end of distribution .
I hope it is helpful for you .
instructions:wikarambulan is a sound like game. by saying\pronouncing and connecting the word, reveal the elements and factors of principles, tools and techniques in creating a business. write your answer on the blank space provided in the side of the paper.
1. IS TRE ENGCKS
2. OP FORTUNE NI TEAS
3. WEEK NEST CES
4.THREE EATS
5. IN DUST TREE
6. END BY RON MEANT ALL
7. PIE HAVE FOUR ZEST
8. ENCHO NO MEEK
9. SOAP FLYER
10. COST TOO MHER
Answers
Answer:
1.strengths
2.opportunities
3.weakneses
4.threats
5.industry
6.environment
8.economic
9.supliyer
10.customer
An apprentice involves _____
A. Hands-on experience in a skill
B. Extensive internet research
C. Classes at a vocational-technical center
D. A four-year degree
Answers
Answer:
the answer is a
Explanation:
An apprentice is someone following the in print 18 around and doing what they're doing just less important things
Answer:
a
Explanation:
took the unit test
This résumé format focuses on an applicant™s work experience and education: a. chronological b. functional c. skills d. electronic please select the best answer from the choices provided a b c d
Answers
Jake Olsen has decided to put $1,000 in the bank. List several questions Jake might want to ask before ch whether to put the money in a checking or a savings account.
Answers
Answer:
look at my comment
Explanation:
Recommend strategies for an entrepreneur by identifying threemajor Socio-Economic and Technological drivers that contribute tothe success of airbnb
Answers
Some strategies for entrepreneurs looking to achieve success similar to Airbnb by identifying three major Socio-Economic and Technological drivers. Here are three drivers that contribute to Airbnb's success:
1) The sharing economy: The sharing economy is a socio-economic driver that Airbnb has leveraged to its advantage. It allows individuals to share resources such as homes, cars, and experiences. Entrepreneurs looking to replicate Airbnb's success should focus on creating a platform that enables individuals to share their resources with others.
2) Technology: Technology is another major driver that has contributed to the success of Airbnb. Airbnb's website and mobile app make it easy for individuals to book accommodations and share their homes with others. Entrepreneurs should focus on developing innovative technology platforms that are user-friendly and provide a seamless experience for customers.
3) Cultural shift towards experiential travel: There has been a shift in travel preferences among consumers from traditional hotel stays to experiential travel. Airbnb has capitalized on this trend by providing unique and authentic travel experiences that cannot be found in traditional hotels. Entrepreneurs should focus on creating unique travel experiences for customers that are not available through traditional hotel stays.
In conclusion, entrepreneurs looking to replicate Airbnb's success should focus on creating a platform that leverages the sharing economy, incorporates innovative technology, and provides unique travel experiences.
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the similarities of African countries
Answers
The similarities between African countries are:
Background on Agriculture in Africa
Despite the great potential for agricultural production in Africa,UNDP states that about 73% of the poor people living in rural areas subsist on less than a dollar a day.In addition, the continent has about 200 million of the world’s hungry people (Millennium Development Goals (MDGs) Technical Support Centre.Furthermore, available statistics suggest that about one-third of the continent’s population is malnourished.Africa is also the only continent where food production has been falling over the years.One of the maximum famous suggestions for the origins of the time period 'Africa' is that it's far derived from the Roman call for a tribe living in the northern reaches of Tunisia, believed to possibly be the Berber human beings. The Romans variously named these human beings 'Afri', 'Afer', and 'If'.
It is brimming full of big things. As the second biggest continent in the world, Africa is jam-full of a number of the world's biggest things: the biggest desolate tract within the globe, the Sahara wilderness (explore it on our Morocco itineraries). The longest river in the world, the Nile River, runs for 6,853km (4,258mi).
Luxembourg is a small, landlocked U. S . Positioned in western Europe and bordered by means of Belgium, France, and Germany. With a population of 642,371, Luxembourg is the simplest Grand Duchy in the world. Its GDP in keeping with a capita of $a hundred and forty,694 makes it the sector's richest.
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Regarding product life cycles, good marketing managers know that: A. all new brands start off in the market introduction stage. B. product life cycles can be extended through product modifications. C. a product must pass through all the product life cycle stages. D. no strategy planning is needed during the sales decline stage. E. a firm should use penetration pricing during market introduction, especially if the cycle is expected to move slowly.
Answers
Answer:
B. product life cycles can be extended through product modifications.
Explanation:
A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.
Generally, there are four (4) stages in the product-life cycle;
1. Introduction.
2. Growth.
3. Maturity.
4. Decline.
Regarding product life cycles, good marketing managers know that product life cycles can be extended through product modifications.
This ultimately implies that, marketing mix such as price, promotion, place and product can all be changed so as to impact or extend life cycle of a particular product.