Business, 07.08.2021 01:10, emmanuelcampbel
Sheridan Company had the following transactions during the current period.
Mar. 2 Issued 4,900 shares of $5 par value common stock to attorneys in payment of a bill for $30,100 for services performed in helping the company to incorporate.
June 12 Issued 56,400 shares of $5 par value common stock for cash of $360,800.
July 11 Issued 2,500 shares of $100 par value preferred stock for cash at $110 per share.
Nov. 28 Purchased 2,400 shares of treasury stock for $80,500.
Required:
Journalize the transactions.
Answers: 1
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Aborrower takes out a 30-year adjustable rate mortgage loan for $200,000 with monthly payments. the first two years of the loan have a "teaser" rate of 4%, after that, the rate can reset with a 5% annual payment cap. on the reset date, the composite rate is 6%. what would the year 3 monthly payment be?
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Tom has brought $150,000 from his pension to a new job where his employer will match 401(k) contributions dollar for dollar. each year he contributes $3,000. after seven years, how much money would tom have in his 401(k)?
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Answers: 3
Sheridan Company had the following transactions during the current period.
Mar. 2 Issued 4,900 shar...
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