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Company A issued 1000 shares at $50.00 per share. The shares stated a par value of $1.00. What is the correct entry? Assuming the entries

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Company A issued 1000 shares at $50.00 per share. The shares stated a par value of $1.00. What is the correct entry? Assuming the entries question one were the only transactions for the year for company A and they had end of year retained earnings balance of $150,000, compute the Stockholders" Equity at the end of the year. Consider following transactions to answer the following questions. a. Sales Revenue $100,000 b. Sales Returns $2,000 c. Sales Discounts $500 d. Credit Discounts $1,000 e. Cost of Goods Sold $50,000 f. Selling Expenses $10,000 Compute Net Sales Revenue. Consider the following accounts and their balances. a. Sales Revenue $500,000 b. Administrative expenses $15,000 c. Income Tax Expense $42, 600 d. Loss of Sale of Equipment $5,000 e. Investment Income $12,000 f. Cost of sold $325,000 g. Selling expenses $15,000 h. Stock (10,000 shares) Compute Gross Profit: Compute Operating Income Compute Pre-tax Income Compute Net Income Compute Earnings Per Share Consider the following transactions to answer the following questions. Beginning balance of Allowance for doubtful accounts is $200. Using the method, indicate the adjusting journal entry to record the bad debt expense at year end. Compute the ending balance of Allowance for Doubtful Accounts. Compute the net accounts receivable amount If you find out that $500 is uncollectable, what is the entry to write off the uncollectible balance

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