A corporation issued 3,800 shares of its no par common stock at a cash price of $10 per share. The entry to record this transaction would be:

Answers

Answer 1

The entry to record this transaction would be:

Debit Cash $38,000

Credit Common stock $38,000

We know that cash is an asset hence debited because it decreases as it was used to pay for bills while common stock is credited because it increases shareholder's equity.

Therefore,

Cash account      Dr   $38,000

(3,800 shares × $10)

To

Common stock account Cr $38,000

Therefore, the corporation would record the transaction as ; Debit Cash $38,000  , Credit Common stock $38,000

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Related Questions

br.uh its like 12:00 am for me.

Answers

Answer:

But for Me its 10:00 AM now

Anyways thnks for points!!!

how to unclog a toilet

Answers

Answer:

Use a plunger

Explanation:

First you get ur finger, then go up the hole inside your toilet. Then take it out, lick ur finger so u can diagnose it. If it taste like rocky road then you doing something right if it taste like cotton candy then your doing a outstanding job. Next kiss the toilet seat. Boom!! Should be fixed

Plumber for 45 Years
Juls.

Borrower Noah is getting a $200,000, fixed-rate, 30-year loan at 5% interest to purchase a condominium. The monthly payment of principal and interest is $1,073. Property taxes for this property are $3,900 per year. An annual homeowner's insurance policy is $864. The monthly condo association fee is $180. What is Noah's monthly PITI payment

Answers

Noah's monthly PITI payment is $1,470.

What is the PITI payment?

The PITI payment represents the periodic payment (monthly) that a borrower is required to make for principal repayment, interest payment, taxes, and insurance payments.

The PITI should not exceed 28% of a borrower's gross monthly income when the front-end and back-end ratios are computed for determining the borrower's eligbility for a loan.

Fixed-rate loan = $200,000

Loan period = 30 years

Interest rate = 5%

Monthly payment of principal and interest = $1,073

Property taxes per year = $3,900

Monthly property taxes = $325 ($3,900 ÷ 12)

Annual homeowner's insurance premium = $864

Monthly homeowner's insurance premium = $72 ($864 ÷ 12)

Monthly PITI (principal, interest, taxes, and insurance) = $1,470 ($1,073 + $325 + $72)

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#SPJ1

Is someone smart here?

Answers

Answer:i think it is A

Explanation: the reason its a is because the maximum would prevent people paying to much for gas

a trade ______ occurs when imports exceed exports.

Answers

Answer:

goes good and you could get stuff out of it

At the planned output level, short-run average total cost equals long-run average total cost, but at all other points, short-run average total cost is higher than long-run average total cost. Group startsTrue or False

Answers

Answer:

The correct answer is True

Regina works as a stock clerk at The Store. She has been shortlisted to be promoted as a merchandise manager. During her promotion interview, she reveals to the interviewer that at some point in the next 10 months, she will need to undergo surgery to remove a tumor from her vertebrae and that even if the surgery is successful, her movement after the surgery could be severely limited. In her new job, however, Regina will have to frequently travel between the warehouse and the store and move around the store to ensure that the merchandise is displayed and placed properly. Which of the following holds true in this case?

a. The Store may decline to promote Regina if it is reasonably certain that in the near future she will be unqualified to work as a merchandise manager.
b. The Store may be required to promote Regina, even though she may be rendered unqualified in the near future, only if she agrees to defray the cost of any accommodation that may be necessary.
c. Even though it appears that the surgery may result in Regina being not otherwise qualified for the new job, The Store may not decline to promote her to the new job if she is qualified at the time of the interview.
d. The possibility of future disability is, under the Americans with Disabilities Act, equal to a present disability, regardless of the probability of a disability materializing.

Answers

C is the answer i’m sorry if not

Consider the following invoice:

What information is missing that is necessary for generating the total?

Answers

Answer:

maybe bills and rent

Explanation:

Answer:

the subtotal and tax are missing

Explanation:

I had the same question

A whole supermarket shelf of snack food bags is marked, "Frito-Lay." This is an example of a(n)
brand.
a. co brand
b. individual
c private
d. wholesale
e. family

Answers

A? Sounds more correct

What is a line extension?

Answers

Answer:

line extension is the use of an established product brand name for a new item in the same product category

Explanation:

the document that states that the bank will pay a specified sum of money to a beneficiary, normally the exporter, on presentation of particular, specified documents is called the

Answers

The letter of credit is the financial document which tells that a bank will pay a specified sum of money to a beneficiary

Letter of credit is also called documentary credit or bankers commercial credit.

The financial document called "Letter of credit" is a a letter written by a financial institution which authorizing another institution to pay someone a sum of money.

This document is usually a mode of payment used for the importation of visible goods.

In conclusion, the document called "letter of credit" is the financial document which tells that a bank will pay a specified sum of money to a beneficiary

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Consider the different steps of the Waterfall and Agile project management approaches and consider the benefits of each one. Then, reflect on a project that you recently completed. Write 5-10 sentences on which approach you would use choose if you were starting it from scratch, and why. ​

Answers

The waterfall project management approach aims to make the project flow continuous through the phases:

Requirements analysisProjectImplementationIntegrationVerificationMaintenance

In the Agile approach, there are four fundamental principles for creating value, which are:

Individuals and interaction about processes and tools.Job software with comprehensive documentation.Customer collaboration in contract negotiation.Responding to change by following a plan.

The benefits of each of these management approaches are to generate value in the internal and external environment, through greater adaptation to rapid social, economic and technological demands, and through the improvement of quality.

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________ costs refer to the sum of the fixed and variable costs for any given level of production. Target Break-even Total Value-based Marginal

Answers

Based on microeconomic theory, Total costs refer to the sum of the fixed and variable costs for any given level of production.

What makes Total Cost?

Generally, the total cost is the sum of all the price of the material utilized, the wages or salary paid in the production, and the direct expenditure.

Components of Total Cost

The components of Total Cost include the following:

Prime costFactory costOffice cost Cost of sales, etc.

Hence, in this case, it is concluded that the correct answer is "Total Cost."

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Which of the following is a good example of inflation? OA. You get a flat tire on your car. OB. You work three jobs in order to pay your bills It cost you $50 to gas up your car this month. But last month it cost you OC. $85 It cost you $85 to gas up your car this month. But last month it only cost OD you S50​

Answers

Answer: C.) It cost you $85 to gas up your car this month but last month it only cost you $50

Explanation:

 Write a persuasive argument as an essay or blog entry to address your topic. Use a minimum of 400 words. State your claim clearly with details from reliable sources. Be sure to include

Answers

Based on writing methods and techniques, to write a persuasive argument as an essay or blog entry to address your topic, you should start by "Choosing topic you’re passionate about."

What is Persuasive Writing?

Persuasive writing is a form of writing that illustrates logical arguments into writing. It usually contains an emotional appeal to influence the readers towards a particular perspective or opinion.

Things to note when writing a Persuasive argument as an essay or blog entryUnderstand what your audience wants.Begin with a fact to hook your readers' attention.Research the both on both sides of what you agreed and disagreed on.Be empathetic in your word usage.Chip in rhetoric question to evoke interest.Emphasize your points with creativity.

Hence, in this case, it is concluded that writing a persuasive argument as an essay is more straightforward if you follow the proper steps.

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write any three types of continuous series??​

Answers

Answer:

Exclusive series- Series in which every class interval excludes items corresponding to its upper limit.

Inclusive series- Series which includes all items up to their upper limit.

 

Open-end series- Series in which the lower limit of the first class interval and/or the upper limit of the last class interval is missing.

A couple is required by their lender to have a down payment of 20% of the purchase price of the home they want to buy. If the couple has saved $35,000, what is the most expensive home the couple can afford to buy? a. $63,000 b. $140,000 c. $175,000 d. $210,000 Please select the best answer from the choices provided A B C D.

Answers

The most expensive home the couple can afford to buy a home is $175,000 having a down payment of 20%.

The computation of the total amount of expenses for home

Given,

The percentage of the down payment from the complete amount of purchase is 20%.

The total amount of saving by the couple is $35,000.

For calculating the maximum amount for buying the most expensive home the total amount of saving is assumed to be equal to the percentage of down payment.

Thus, if $35,000 is equal to 20% of the total amount then what will be the total amount?

This is computed as follows:

[tex]\begin{aligned}\text{Amount}&=\dfrac{\text{Total Savings}}{\text{\% of Down Payment}}\times100\\&=\dfrac{\$35,000}{20}\times100\\&=\$175,000\end{aligned}[/tex]

Therefore, the maximum amount that can be afforded by the couple to buy the most expensive home is $175,000.

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Answer:

Answer is C $175,000 i believe could be wrong

Explanation:

The ABC Corporation has a long-standing policy of maintaining a dividend payout ratio of 45%. ABC's net income for the year is $12 million, and there are 8 million shares of common stock outstanding. After a 3:2 stock split, the annual dividend per share is

Answers

Based on the information given the annual dividend per share is $0.45.

Distribution of net income to common shareholders:

Amount available for common shareholders=45%×$12 million

Amount available for common shareholders =$5,400,000

Number of shares:

Shares=(8 million shares × 3)/2

Shares= 24 million shares/2

Shares = 12 million shares

Annual dividend per share:

Annual dividend per share=$5,400,000/12 million shares

Annual dividend per share=$0.45

Inconclusion the annual dividend per share is $0.45.

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Which of the following statement is false?
A. A distributed ledger contains many copies of the same ledger.
B. A distributed ledger stores the same set of transaction records.
C. Because a distributed ledger exists in a blockchain network, a computer consisting of all transaction records may crash and cause the syncing issue in the blockchain network.
D. A transaction record cannot be added to the blockchain unless there is network consensus.

Answers

Ccccccccccccccccccccccccc

A social media marketing campaign is a coordinated social media marketing effort to communicate with a target audience to achieve __________.

Answers

Answer:

A marketing or business goal

Explanation:quizlet.

Why do you think Zappos offers a $2,000 incentive to quit?

Answers

Answer:

Explanation:

Is there more to the question?

Liquidity is a characteristic of money.
What is the definition of liquidity?
A. how quickly the money is spent
B. the availability of money for conversion into
currency
C. how much interest the money earns per year

Answers

Answer:

B. the availability of money for conversion into currency

Explanation:

hope this helped :)

ARIBA network may not work as a B2C as opposed to B2B,

Answers

It is true to say that the ARIBA network may not function as B2C as opposed to B2B, as ARIBA is a business network focused on Business to Business (B2B) where buyers and suppliers can collaborate.

The advantages of companies participating in the ARIBA network are:

CollaborationOpportunitiesRelationship

Therefore, buyers have the advantages of greater management of the acquisition process and control of expenses, building an effective supply chain.

And suppliers increase cash flow, simplify the sales process and increase customer satisfaction.

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a company has an unbiased forecast for its demand. what does that mean?

Answers

Average of all forecast errors is 0 a company wants to use a regression analysis to forecasts the demand for the next quarter.

Annual percentage rate (APR) is:
A. a yearly fee charged on a credit card.
B. the total cost of a loan per year, expressed as a percentage.
C. the interest rate on a loan expressed as a percentage.
D. an interest rate that compounds yearly.
SUBMIT

Answers

Answer:

B.The total cost of a loan per year expressed as a percentage

Which of the following transactions would decrease cash?

A.Capital investment by the owner

B.Payments to creditors

C.Cash sales

D.Payments received from debtors

Answers

Answer:

B. Payments to creditors

What type of business is formed with the primary purpose of serving its user- members? O A. Partnership B. Corporation O C. Sole proprietorship D. Cooperative

no linkss​

Answers

Answer:

What was the answer?

Explanation:

Answer: it’s cooperative, I took the test.

Explanation:

ieiyeoemn you’re toxic.

A server finds a full napki-lined basket of dinner rolls on a table after a costumer has left the establishment. According to the FDA food code, what should the server do with the rolls and napkins

Answers

Answer:

throw them out

Explanation:

food can become contaminated you cannot re-serve to another customer

If such a situation should occur where the server finds dinner rolls after the customer has left, the appropriate thing to do is to remove the napkin from the basket and discard the rolls.

FDA food codes were made to reduce the risk of food being contaminated so as to reduce health risks to others.

When a server find a napkin lined basket with dinner rolls, they should remove the napkin and replace it with another in the basket. They should also discard the rolls instead of offering it to someone else as the rolls could be contaminated.

In conclusion, the server should remove the napkin and discard the rolls.

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If unemployed workers decide to stop looking for a job and instead enroll in further education, how will the number of employed workers and the unemployment rate change

Answers

The number of employed workers will not change and the unemployment rate will decrease.

The number of employed workers will not change reason being that non was employed  because the unemployed workers has enroll in further education. Hence the number of employed workers will remain the same.

On the other hand the unemployment rate will decrease or decline based on the fact that the unemployed workers are no longer looking or searching for job  but has rather enroll in further education.

Inconclusion the number of employed workers will not change and the unemployment rate will decrease.

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The salary at the new job is a(n). The benefits at the job are a(n). The job’s location is a(n). The potential for job satisfaction is a(n).

Answers

There are different kinds of employment benefits. The answers to the questions are;

The salary at the new job is an advantage The benefits at the job are an advantage The job's location is an advantageThe potential for job satisfaction is an advantage

There are different benefits from finding a good job. They include insurance in both medical, life, dental etc., vacation pay, holiday pay, maternity leave, bonuses etc.

Getting a good Job that has a good pay and very close to one's residence  is very  important as it will reduce your cost of spending.

See full question below

Keisha has received an offer for a job that pays a higher salary than her current job. It also offers health insurance for all the members of family. The new job is a distance from her home and will require a long commute, which will take her away from her family for many hours of the day. In addition, it provides the promise of advancement and future opportunities at that company. The salary at the new job is a(n) . The benefits at the job are a(n) . The job’s location is a(n) . The potential for job satisfaction is a(n) .

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Answer:

The salary at the new job is a(n)

✔ advantage

.

The benefits at the job are a(n)

✔ advantage

.

The job’s location is a(n)

✔ disadvantage

.

The potential for job satisfaction is a(n)

✔ advantage

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