Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 18, 2024

Issued 2,650 shares of its common stock to Jeremy after $25,070 in cash and computer equipment with a fair market value of $35,880 were received

no additional info available. i need you to provide a journal transaction.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting Volume 2

Authors: Hanlon, Hodder, Nelson, Roulstone, Dragoo

2nd Edition

1618533134, 9781618533357

More Books

Students also viewed these Accounting questions

Question

★★★★★

Differentiate between a hybrid security and a derivative security. How do their uses by the corporation differ?

Answered: 1 week ago

Question

★★★★★

Lights is the distance from one wave peak to the next. This dimension determines the we experience. a. hue; wavelength b. wavelength; hue c. hue; intensity d. wavelength; intensity e. intensity;...

Answered: 1 week ago

Question

★★★★★

6.74 How Long Is the Test? The average length of time required to complete a college achievement test was found to equal 70 minutes, with a standard devia- tion of 12 minutes. When should the test be...

Answered: 1 week ago

Question

★★★★★

Presented below are three economic events. On a sheet of paper, list the letters (a), (b), and (c) With columns for assets, liabilities, and stockholders equity. In each column, indicate whether the...

Answered: 1 week ago

Question

★★★★★

What are three ( 3 ) benefits of having a trust account software package?

Answered: 1 week ago

Question

★★★★★

Amanda wants to be part of the most basic form of ownership for a corporation. She should invest in A . Bonds. B . A savings account. C . A proxy. D . Common stock. E . Dividends.

Answered: 1 week ago

Question

★★★★★

The coffee industry continues to grow worldwide. From agriculture (growing of beans) to the production process to retailing to consuming, participants in the coffee industry seem to be increasing...

Answered: 1 week ago

Question

★★★★★

The sales budget of KK Garment Industries for the nine months ended 30-09-2019 follows: the table of data is attached through a picture and the additional information and requirement are given below...

Answered: 1 week ago

Question

★★★★★

Select a case study to use throughout the course to complete the assessments. Review the parameters for choosing your own case study and for selecting a predetermined case study. Once you have read...

Answered: 1 week ago

Question

★★★★★

Power Shade manufactures insulated windows. Their Repairs and Maintenance Cost is a mixed cost and varies most directly with machine hours worked. The following data have been gathered from the most...

Answered: 1 week ago

Question

★★★★★

Driving a bus is a service industry. What skills are required to provide a quality customer experience for passengers

Answered: 1 week ago

Question

★★★★★

d. Prizes. Employees who achieve weekly sales goals established by management would be eligible for prizes such as sports or theater tickets, dinner at a nice restaurant, gift certificates, or...

Answered: 1 week ago

Question

★★★★★

1. This chapter reveals that a persons needs serve as motivators toward achieving challenging goals. Analyze what you believe drives persons like Phelps, Cox, and Armstrong to achieve these extremes.

Answered: 1 week ago

Question

★★★★★

1. Stephen M.R. Covey, author of The Speed of Trust, says that every employee in the organization should assume responsibility for building trust. Do you agree? Is this a realistic expectation?...

Answered: 1 week ago

Previous Question Next Question