Answer:
$475,000
Explanation:
Calculation for By what amount would LBM credit capital in excess of par
Dr Cash $500,000
(25,000 shares*$20 per share)
Cr Common Stock $25,000
(25,000 shares*$1 per share)
Cr Capital in excess of par $475,000
($500,000-$25,000)
Therefore based on the above Journal entry and calculation the amount that LBM would credit as capital in excess of par will be $475,000 ($500,000-$25,000).
Answer:
True
Explanation:
A LLC is a company that has its own identity and is taxed separated from all owners and investors.
Answer:
average cost is increasing
Explanation:
The answer is to place warranty information in car windows
or also known as the used-car rule. Car dealers who sell used cars to their
consumers must follow the rules set by the Federal Trade Commissions, The Used
Car Rule. This Used car rule is applicable to all states, except for Maine and
Wisconsin.
Answer:
C) budget constraint
Explanation:
The budget constraint is a graph of all the combinations of goods and services a consumer can purchase given prices and income of the consumer.
The absolute slope of the budget constraint is the relative price of the two goods represented on the graph.
I hope my answer helps you
