S. Lawyer performed legal services for E. Corp. Due to a cash shortage, an agreement was reached whereby E. Corp. would pay S. Lawyer a legal fee of approximately $15,000 by issuing 8,000 shares of its common stock (par $1). The stock trades on a daily basis and the market price of the stock on the day the debt was settled is $1.80 per share. Given this information, the best journal entry for E. Corp. to record for this transaction is

C.Legal Expense 14,400 Common Stock 8,000 Paid-in Capital in Excess of Par - Common 6,400

Explanation:

With the information given in the question, the journal entry for E. Corp. to record for this transaction will go thus:

Debit Legal expense $14400

Credit Common stock $8000

Credit Paid-in Capital in Excess of Par - Common $6400

Note that Paid-in Capital in Excess of Par - Common was calculated as:

= 8000(1.80 - 1.00)

= 6400

the correct answer would be b, when, queen, calder hall and london.

explanation:

we always capitalize words when a paragraph or sentence is starting, when an important name is used, when a place is being written, or simply when a noun is used, etc. so in this sentence, sentence is starting from 'when', so it will be written in capital letters. secondly, queen is considered to be an important person, so it will also be written in capital letter. next, the name of the town is mentioned, i-e calder hall, which will also be written in capital letters. in the last,   city name is being used, 'london', which will also be written in capital letters. so option b is the most appropriate one.

engine assembler, survey reasearcher, auditor