McMillion Corp. issued 575 shares of $12 par value common stock at $16.00 per share for cash. A) What account/s and amounts would you Debit in this transaction?

B) What account/s and amounts would you Credit in this transaction?

You must answer both A) and B) correctly to receive full credit for this question.

Saeed needs money to purchase tools, basic office supplies, parts to refurbish equipment, accounting software, and legal fees. believing saeed's business will be a success, an investor invests $5,000 to saeed open his business. in return, saeed agrees to repay the investor the $5,000 plus 17 percent of the profits of the business. calculate the return on investment for the investor if saeed's business makes $7,000 in profit as a total return of the business in its first year.

After the price floor is instituted, the chairman of productions office buys up any barrels of gosum berries that the producers are not able to sell. with the price floor, the producers sell 300 barrels per month to consumers, but the producers, at this high price floor, produce 700 barrels per month. how much producer surplus is created with the price floor? show your calculations.

Anational survey asked people, "how often do you eat out for dinner, instead of at home? " the frequencies were as follows.