Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 20, 2024

Lannister, Inc. issues 5,000 shares of $42 par common stock for $45 per share. The amount credited to paid- in capital in excess of par

image text in transcribed

Lannister, Inc. issues 5,000 shares of $42 par common stock for $45 per share. The amount credited to paid- in capital in excess of par is: OA. $15,000 OB. S0. O C. $210,000. OD. $225,000

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

Company Accounting

Authors: Ken Leo, John Hoggett, John Sweeting, Jennie Radford

8th Edition

0470819731, 978-0470819739

More Books

Students also viewed these Accounting questions

Question

★★★★★

Where are iron deposits found?

Answered: 1 week ago

Question

★★★★★

On January 1, 2014, Ryan Animation Ltd., which uses IFRS, sold a truck to Letourneau Finance Corp. for $65,000 and immediately leased it back. The truck was carried on Ryan Animation's books at...

Answered: 1 week ago

Question

★★★★★

Draw the graph of the binomial distribution with n = 10, 50, 100, 200, 300, 500, and p = 5n. Then compare, in each case, the graph with that of the Poisson distribution with ???? =

Answered: 1 week ago

Question

★★★★★

Angus McIndoe wants to modernize his popular restaurant by adapting it more closely to the preferences of his repeat customerskeeping track of his customers likes and dislikes. Information such as...

Answered: 1 week ago

Question

★★★★★

John Keene recently invested $2,250 in a project that is promising to return 10 percent per year. The cash flows are expected to be as follows: Year End of Year Cash Flow $579 $589 $506 $?? $577 Note...

Answered: 1 week ago

Question

★★★★★

36. In a Keynesian model, an increase in the money supply Group of answer choices a. Has no effect on the level of economic activity. b. Shifts the C + I + G + (EX - IM) line downward. c. Shifts the...

Answered: 1 week ago

Question

★★★★★

Kelly Corporation had these transactions during 2017 (2pts.). Analyze the transactions and indicate whether each transaction is an operating activity, investing activity, financing activity....

Answered: 1 week ago

Question

★★★★★

Is technology indeed making processes such as damage assessment more comprehensive and safer for responders? Discuss.

Answered: 1 week ago

Question

★★★★★

- 2) Discuss the functionality of PIN BASED security and PUSH BUTTON configuration security solutions in Wireless LAN. marks) (10 3) Define two types of authentication methods addressed by IEEE...

Answered: 1 week ago

Question

★★★★★

Suppose that in this time of pandemic, 50% of the population in a certain province had received financial aid. Let X be the number of people who received financial aid in a random sample of size 100....

Answered: 1 week ago

Question

★★★★★

Word Problem 17-18 (Algo) [LU 17-1 (2)] Lena Horn bought a Toyota Tundra on January 1 for $26,000 with an estimated life of 4 years. The residual value of the truck is $5,200. Assume a straight-line...

Answered: 1 week ago

Question

★★★★★

Is money the prime driver of employee performance?

Answered: 1 week ago

Question

★★★★★

Explain the statement The design of reward systems is contingent upon the organizational context in which they must operate.

Answered: 1 week ago

Question

★★★★★

How should the university address the problem of disgruntled lecturers who feel underpaid?

Answered: 1 week ago

Previous Question Next Question