subject
Business, 10.09.2019 01:10 crystalpearl188

On may 23, stoltz realty inc. issued for cash 80,000 shares of no-par common stock (with a stated value of $3) at $12. on july 6, stoltz realty inc. issued at par value 18,000 shares of preferred 1% stock, $50 par for cash. on september 15, stoltz realty inc. issued for cash an additional 50,000 shares of no-par common stock (with a stated value of $3) for $15. journalize the entries to record the may 23, july 6, and september 15 transactions. refer to the chart of accounts for exact wording of account titles.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 03:00
Fanning books buys books and magazines directly from publishers and distributes them to grocery stores. the wholesaler expects to purchase the following inventory: april may june required purchases (on account) $ 111,000 $ 131,000 $ 143,000 fanning books accountant prepared the following schedule of cash payments for inventory purchases. fanning books suppliers require that 85 percent of purchases on account be paid in the month of purchase; the remaining 15 percent are paid in the month following the month of purchase. required complete the schedule of cash payments for inventory purchases by filling in the missing amounts. determine the amount of accounts payable the company will report on its pro forma balance sheet at the end of the second quarter.
Answers: 2
question
Business, 22.06.2019 06:30
Select all that apply. select the ways that labor unions can increase wages. collective bargaining reducing the labor supply increasing the demand for labor creating monopolies
Answers: 1
question
Business, 22.06.2019 16:00
Winners of the georgia lotto drawing are given the choice of receiving the winning amount divided equally over 2121 years or as a lump-sum cash option amount. the cash option amount is determined by discounting the annual winning payment at 88% over 2121 years. this week the lottery is worth $1616 million to a single winner. what would the cash option payout be?
Answers: 3
question
Business, 22.06.2019 20:20
Fractional reserve banking which of the following statements about fractional reserve banking are correct? check all that apply. fractional reserve banking allows banks to create money through the lending process. fractional reserve banking does not allow banks to hold excess reserves. fractional reserve banking allows banks to create additional wealth by lending some reserves. fractional reserve banking relies on everyone not withdrawing their money at the same time.
Answers: 2
You know the right answer?
On may 23, stoltz realty inc. issued for cash 80,000 shares of no-par common stock (with a stated va...
Questions
question
Mathematics, 20.02.2020 19:59
question
Mathematics, 20.02.2020 19:59
question
English, 20.02.2020 19:59
question
Computers and Technology, 20.02.2020 19:59
Questions on the website: 13722361