forget it dont answer the question

i meant to say answer all the question

Question 18 Not yet answered Points out of 1.00 Remove flag Treasury Stock is; Select one: a. Stock of other corporations owned by a corporation b. A corporation's own stock that has been reacquired and held for future use C. Stocks invested in gold and silver d. A U.S. government security Question 19 Not yet answered Points out of 1,00 Remove flag Kailey, Inc. issued 20,000 shares of no-par common stock, stated value $20, at $32 cash per share. The journal entry to record this transaction is: Select one: O a. Debit: Cash 640,000 Credit: Common Stock Credit: Paid-in Capital in Excess of Stated Value 400,000 240,000 b. Debit: Cash Credit: Common Stock 640,000 640,000 Debit: Cash 640,000 Credit: Common Stock Credit: Paid-in Capital in Excess of Par Value 400,000 240,000 Question 20 Not yet answered Points out of 1,00 Remove flag Cash dividends reduce both cash and retained earnings by the amount of the dividends paid Select one: True o False Question 22 Not yet answered Points out of 1,00 Remove flag Southeastern Company sells four tires to George. Each tire retails for $190 and is subject to sales tax of 5% and federal excise tax of 10%. Southeastern Company's journal entry to record the transaction is: 760 760 874 Select one: O a. Debit: Cash Credit: Sales O b. Debit: Cash Credit: Sales Credit: Sales Tax Payable Credit: Excise Tax Payable oc Debit: Cash Debit: Sales Tax Expense Debit: Excise Tax Expense Credit: Sales 760 Question 24 Not yet answered Points out of 1.00 Remove flag The December 31, 2019, balance sheet of Ivey Company includes the following information: Inventory $750,000 Prepaid Expenses 60,000 1,800,000 Total Current Assets Total Current Liabilities Accounts Payable 875,000 540,000 What is Ivey's quick ratio at December 31, 2019? Select one: a. 2.57 b.1.13 c. 0.80 d. 1.85 Question 32 Not yet answered Points out of 1.00 Remove flag The Groom company has 50,000 shares of $10 par value common stock outstanding when it declares a dividend of $1 per share. What would be the journal entry for the declaration of the cash dividends? Select one: a. Debit: Dividends Payable - Common Stock Credit: Cash 50,000 50,000 o b. Debit: Cash Dividends Credit: Cash c. Debit: Cash Dividends 50,000 50,000 o 50,000 50,000 O Credit: Dividends Payable. Common Stock d. Debit: Cash 50,000 Credit: Cash Dividends 50,000 Question 33 Not yet answered Points out of 1.00 Remove flag Ms. Decker started a fashion magazine company in which customers were required to pay her $120 in advance for a year's subscription in which the customer receives one magazine each month. In December 2019 she received 10,000 subscription orders and in January 2020 she published her first magazine. Please prepare the journal entry for the issuance of the magazine in January .100,000 100,000 Select one: a. Debit: Unearned Subscription Revenue Credit: Subscription Revenue o b. Debit: Cash 120,000 Credit: Subscription Revenue O C. Debit: Unearned Subscription Revenue Credit: Subscription Revenue d. Debit: Unearned Subscription Revenue Credit: Subscription Revenue 120,000 120,000 120,000 1,200,000 1,200,000