Ayayai Co. had the following transactions during the current period. Mar. 2 Issued 4,000 shares of $4 par value common stock to attorneys in payment of a bill for $20,000 for services performed in helping the company to incorporate.
June 12 Issued 55,000 shares of $4 par value common stock for cash of $285,000.
July 11 Issued 1,000 shares of $100 par value preferred stock for cash at $130 per share.
Nov. 28 Purchased 1,500 shares of treasury stock for $75,000

Required:
Journalize the transactions.

Which of the following differentiates cost accounting and financial accounting? a. the primary users of cost accounting are the investors, whereas the primary users of financial accounting are the managers. b. cost accounting measures only the financial information related to the costs of acquiring fixed assets in an organization, whereas financial accounting measures financial and nonfinancial information of a company's business transactions. c. cost accounting measures information related to the costs of acquiring or using resources in an organization, whereas financial accounting measures a financial position of a company to investors, banks, and external parties. d. cost accounting deals with product design, production, and marketing strategies, whereas financial accounting deals mainly with pricing of the products.

phillips, inc. had the following financial data for the year ended december 31, 2019. cash $ 41,000 cash equivalents 75,000 long term investments 59,000 total current liabilities 149,000 what is the cash ratio as of december 31, 2019, for phillips, inc.? (round your answer to two decimal places.)

You are president of a large corporation. at a typical monthly meeting, each of your vice presidents gives standard area reports. in the past, these reports have been good, and the vps seem satisfied about their work. based on situational approach to leadership, which leadership style should you exhibit at the next meeting?