Common stock, $10 par value (50,000 shares outstanding) $ 500,000 preferred stock, 6% cumulative, $100 par value, 3,000 shares outstanding 300,000 additional paid in capital 200,000 retained earnings 500,000 total stockholders' equity $ 1,500,000 with respect to nichols' investment in smith, determine the amount to be recorded and identify which account should be adjusted to reflect such amount.

The accounts identified to be adjusted are Smith's Common Stock and Smith's Preferred Stock.

The amount to be recorded is $ 1,200,000 and $ 124,000 respectively.

Explanation:

from the information:

$ 1,200,000 for Investment in Smith's Common Stock and $ 124,000 for Investment in Smith's Preferred Stock.

The investment account includes the fair value of Consideration in form of the fair value of both types of stocks, common stock and preferred stock.

the correct answer is "nuclear power plants do not pollute the air". unlike fossil fuel-fired power plants, nuclear power plants do not produce chemicals or other components that could pollute the air. nuclear reactors work with uranium, creating energy by splitting the atoms in a fission chain reaction, which not results in the formation of carbon dioxide or other greenhouse gases.

mark brainliest   : )

answer; i believe that the correct answer is (strain);