Business
Business, 10.12.2019 06:31, camiloriveraveoxbgd6

Willow creek nursery, with an authorization of 72,000 shares of preferred stock and 210,000 shares of common stock, completed several transactions involving its stock on october 1, the first day of operations. the trial balance at the close of the day follows willow creek nursery

unadjusted trial balance

october 1, 20--

account title

debit

credit

1

cash

4,000,500.00

2

land

860,000.00

3

buildings

2,533,000.00

4

common stock

2,540,000.00

5

paid-in capital in excess of par-common stock

1,460,500.00

6

preferred stock

2,925,000.00

7

paid-in capital in excess of par-preferred stock

468,000.00

8

totals

7,393,500.00

7,393,500.00

common stock has a $20 par value and the preferred stock is 1%, 75 par value. all shares within each class of stock were sold at the same price. the preferred stock was issued in exchange for the land and buildings.

journalize the two entries to record the transactions summarized in the trial balance.

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 09:30, ameliaduxha7
What are two benefits of consumer programs
Answers: 2
image
Business, 22.06.2019 21:00, rasbuurry
Reagan corporation is a wholesale distributor of truck replacement parts. initial amounts taken from reagan's records are as follows:
Answers: 1
image
Business, 22.06.2019 22:40, deeknuk
Problem 3: access control pokeygram, a cutting-edge new email start-up, is setting up building access for its employees. there are two types of employees: managers and engineers, and there are three departments: security, networking, and human resoures. each employee works in a single department, and each department is housed on a different floor. managers are allowed access to any floor, while engineers are allowed access only to their own floor. there are three badge-operated elevators, each going up to only one distinct floor. every employee has one badge. pokeygram wants to use the best possible access control method in order to minimize delay for the elevators (a) access control matrix, 1. which of the following would you recommend that pokeygram use: (b) access control lists, or (c) capabilities? make sure to justify your answer. 2. what, if any, would be the benefits (and/or disadvantages) of using rbac (role-based access control) in this situation? keep your solution for this problem limited to 10-12 lines of text.
Answers: 2
image
Business, 23.06.2019 01:00, jdeelc
Lycan, inc., has 7.5 percent coupon bonds on the market that have 8 years left to maturity. the bonds make annual payments and have a par value of $1,000. if the ytm on these bonds is 9.5 percent, what is the current bond price? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) current bond price
Answers: 2
Do you know the correct answer?
Willow creek nursery, with an authorization of 72,000 shares of preferred stock and 210,000 shares o...

Questions in other subjects:

Konu
Advanced Placement (AP), 08.10.2020 01:01