Florida Travel Inc. issues 5,000 shares of $5 pa r value common stock for ). The journal entry to record this issuance would include:
A) a debit to Paid-in Capital in Excess of Par of $60,000
B) a credit to Paid-in Capital in Excess of Par of $60,000
C) a credit to Common Stock for $25,000 and a debit to cash for $85,000
D) A and C
E) B and C
Answers: 2
Other questions on the subject: Business
Business, 22.06.2019 11:00, montgomerykarloxc24x
You decide to invest in a portfolio consisting of 25 percent stock a, 25 percent stock b, and the remainder in stock c. based on the following information, what is the expected return of your portfolio? state of economy probability of state return if state occurs of economy stock a stock b stock c recession .16 - 16.4 % - 2.7 % - 21.6 % normal .55 12.6 % 7.3 % 15.9 % boom .29 26.2 % 14.6 % 30.5 %
Answers: 1
Business, 22.06.2019 11:20, ebt2367
Money aggregates identify whether each of the following examples belongs in m1 or m2. if an example belongs in both, be sure to check both boxes. example m1 m2 gilberto has a roll of quarters that he just withdrew from the bank to do laundry. lorenzo has $25,000 in a money market account. neha has $8,000 in a two-year certificate of deposit (cd).
Answers: 3
Business, 22.06.2019 14:30, lilquanreem8051
Bridge building company estimates that it will incur $1,200,000 in overhead costs for the year. additionally, the company estimates 50,000 direct labor hours will be spent building custom walking bridges for the year at a total direct labor cost of $600,000. what is the predetermined overhead rate for bridge building company if direct labor costs are to be used as an allocation base?
Answers: 3
Do you know the correct answer?
Florida Travel Inc. issues 5,000 shares of $5 pa r value common stock for ). The journal entry to re...
Questions in other subjects:
Geography, 07.04.2020 02:45
Health, 07.04.2020 02:45
Biology, 07.04.2020 02:45
English, 07.04.2020 02:46
