FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

these 2 questions plss Answer Question 10 (1.5 points) Listen ABC issues 4.000 shares of common stock to investors on January 1 for cash, with

these 2 questions plss
image text in transcribed
Answer Question 10 (1.5 points) Listen ABC issues 4.000 shares of common stock to investors on January 1 for cash, with the investors paying cash of $14 per share. The stated value of the stock is 51 per share. What is the amount applied to common stock? Your Answer: Answer 10uestions suved

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Financial And Managerial Accounting For School Administrators

Financial And Managerial Accounting For School Administrators

Authors: Ronald E. Everett, Raymond L. Lows, Donald R. Johnson

1st Edition

157886027X, 9781578860272

More Books

Students also viewed these Accounting questions

Question

Why must the introduction of an unsolicited proposal include a statement of the problem or opportunity that the proposal addresses? [LO-1]

Answered: 1 week ago

Question

★★★★★
Use Hesss law to calculate the standard heat of the water-gas shift reaction CO (g) + H 2 O (v) CO 2 (g) + H 2 (g) from each of the two sets of data given here. (a) CO (g) + H 2 O (l) CO 2 (g) + H...

Answered: 1 week ago

Question

★★★★★
these 2 questions plss Answer Question 10 (1.5 points) Listen ABC issues 4.000 shares of common stock to investors on January 1 for cash, with the investors paying cash of $14 per share. The stated...

Answered: 1 week ago

Question

★★★★★
Ted is a vice - president in a small company. He's a very laid back and private man. Everyone considers him very nice but indecisive. When he makes a decision, he communicates it accurately, but he...

Answered: 1 week ago

Question

★★★★★
Assume that you are in the 15 percent marginal tax bracket and that you have $10,000 to invest. You have narrowed your investment choices down to California municipal bonds with a yield of 8.5...

Answered: 1 week ago

Question

★★★★★
1. Discount Banners pays $180,000 cash for a group purchase of land, building, and equipment. At the time of acquisition, the land has a market value of $28,500, the building $123,500, and the...

Answered: 1 week ago

Question

★★★★★
Bramble Hardware Limited reported cost of goods sold as follows. 2022 2021 Beginning inventory $27,400 $19,700 Cost of goods purchased 188,100 170,300 Cost of goods available for sale 215,500 190,000...

Answered: 1 week ago

Question

★★★★★
Bramble Ltd. holds equities securities in its portfolio and is accounting for those investments using the FV-NI method. On March 1, 2023, the company purchased 11000 shares of a publicly traded...

Answered: 1 week ago

Question

★★★★★
The following cost behavior pattern describes anticipated manufacturing overhead costs for 2019: $297,500+ $9.0/unit. During the year, 35,000 units were produced and 32,750 units were sold. Required:...

Answered: 1 week ago

Previous Question Next Question