Intelligient company sold six months ' advertising for the period January through June for $30,000 total. The customer paid in advance, assuming intelligent is adhering to the advertising contract on a ratable per-month basis. Its journal entry for the month of march would include which of the following components. A: A credit to revenue for $5,000 B: A credit to unearned revenue for $5,000 C: A debit to cash for $500 D: None of the above is correct 2: Bonds with a face value of $400,000 and a quoted price of 97 1/2 have a selling price of?

A: 393000 B: 392200 C: 390000

3: If Norben Company issues 4,000 shares of $5 par value common stock for $140,000 the account?

A: Paid-in capital in excess of Par value will be debited for $120,000 B: Cash will be debited for $120,000 C: Common stock will be credited for $20,000 D: Paid-in capital in Excess of par value will be credited for $20,000 4: Which of the following is true regarding stock splits and or Stock dividends? A: A stock split has no effect on the dollar amount in the common stock account B: Both stock dividends and splits result into more shares of stock outstanding afterward than were outstanding beforehand C: A stock's par value remains the same both prior to and after a stock dividend. 5: Nice Corporation issues 30,000 shares of $100 par value preferred stock for cash at $110 per share. the entry to record the transaction will consist of a debit to cash for 3300,000 and a credit or credits to? Perferred stock for 3,000,000 and retained earnings for 330,000 OR Perferred stock for 3,000,000