The Donaldson Furniture Company produces three types of rocking chairs: the children's model, the standard model, and the executive model. Each chair is made in three stages: cutting, construction, and finishing. Stage Children's Standard Executive Cutting 5 hr 4 hr 7 hr Construction 3 hr 2 hr 5 hr Finishing 2 hr 2 hr 4 hr The time needed for each stage of each chair is given in the chart. During a specific week the company has available a maximum of 196 hours for cutting, 124 hours for construction, and 100 hours for finishing. Determine how many of each type of chair the company should make to be operating at full capacity.

Required prepare the necessary adjusting entries in the general journal as of december 31, assuming the following: on september 1, the company entered into a prepaid equipment maintenance contract. birch company paid $3,400 to cover maintenance service for six months, beginning september 1. the payment was debited to prepaid maintenance. supplies on hand at december 31 are $3,900. unearned commission fees at december 31 are $7,000. commission fees earned but not yet billed at december 31 are $3,500. (note: debit fees receivable.) birch company's lease calls for rent of $1,600 per month payable on the first of each month, plus an annual amount equal to 1% of annual commissions earned. this additional rent is payable on january 10 of the following year. (note: be sure to use the adjusted amount of commissions earned in computing the additional rent.)

Describe the three different ways the argument section of a cover letter can be formatted

Paid-in-capital in excess of par represents the amount of proceeds a. from the original sale of common stock b. in excess of the par value from the original sale of common stock c. at the current market value of the common stock d. at the curent book value of the common stock