subject
Business, 08.09.2020 14:01 cwebb4383

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

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 22:50
The leading producer of cell phone backup batteries, jumpstart, has achieved great success because they produce high-quality battery backups that are not too expensive. even so, another company that produces lower-quality batteries at the same price has also achieved some success, but not as much as jumpstart. also, in general, the price of backup batteries has declined because of economies of scale and learning. in addition, jumpstart has added complementary assets, such as a carrying case. considering all of these factors, the backup battery industry is most likely in the introduction stage. growth stage. shakeout stage. maturity stage.
Answers: 2
question
Business, 22.06.2019 14:10
Location test: question 1 of 54)water is a solvent because itoa. is made of moleculesob. dissolves many substancesc. is a saltd. has a large buffering capacity
Answers: 1
question
Business, 22.06.2019 21:00
You are given the following information about aggregate demand at the existing price level for an economy: (1) consumption = $400 billion, (2) investment = $40 billion, (3) government purchases = $90 billion, and (4) net export = $25 billion. if the full-employment level of gdp for this economy is $600 billion, then what combination of actions would be most consistent with closing the gdp gap here?
Answers: 3
question
Business, 23.06.2019 02:50
Anderson farms, inc. provided the following for 2018: cost of goods sold (cost of sales)$1,300,000beginning merchandise inventory340,000ending merchandise inventory630,000calculate the company's inventory turnover ratio for the year. (round your answer to two decimal places.)
Answers: 2
You know the right answer?
Florida Travel Inc. issues 5,000 shares of $5 pa r value common stock for ). The journal entry to re...
Questions
question
Geography, 06.04.2021 20:20
question
Mathematics, 06.04.2021 20:30
question
Mathematics, 06.04.2021 20:30
question
History, 06.04.2021 20:30
question
Mathematics, 06.04.2021 20:30
Questions on the website: 13722361