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Lisa [10]
2 years ago
14

Eagle Ridge, inc. issued 40 shares of $20 par value stock to its accountant in full payment for her $900 fee for assisting in se

tting up the new company. The entry for the issuance of the stock is a
a. debit to paid-in capital in excess of Par-Common for $100
b. debit to Common Stock for $800
c. credit to Common Stock for $800
d. credit to Common Stok for $900
Business
1 answer:
Harlamova29_29 [7]2 years ago
6 0

The journal entry for the issuance of the stock for issue of 40 shares at a par value of $20, will affect a credit to Common Stock for $800.

<h3>What is a journal entry?</h3>

The process of maintenance of systematic and chronological records of financial transactions during a given financial period is known as a journal entry.

Hence, option C holds true regarding the journal entry.

Learn more about journal entry here:

brainly.com/question/20421012

#SPJ1

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The northwoods university it department is planning to buy additional computers for the computer lab. pedro bechara, manager of
Feliz [49]
Not positive, but I would put "influencer" because he is helping with a decision.
6 0
3 years ago
The shareholder-debtholder conflict refers to:________
Lera25 [3.4K]

Answer:

C

Explanation:

The shareholder-debtholder conflict usually arises because shareholders would prefer the firm to engage in more risky business activities. This is because this has the potential to increase the income of the firm and as a result, the wealth of shareholders.

On the other hand debtholders would not want the firm to engage in risky activities because it might negatively affect the firm's ability to make its schedules payments to debtholders.

In order to protect themselves, debtholders usually draft a deb covenant which contains allowable activities of the firm

4 0
3 years ago
Cion 3
Natali [406]

Answer:

i think c

Explanation:

...hope this helps?

3 0
3 years ago
Milo decides to invest $1,500 in a savings account every year at the beginning of the year for 10 years. Assuming an interest ra
irina1246 [14]

Answer:

$22,175.40

Explanation:

For this question, we use the Future value formula that is shown on the attachment below:

Provided that,  

Present value = $0

Rate of interest = 7%

NPER = 10 years

PMT = $1,500

The formula is shown below:

= -FV(Rate;NPER;PMT;PV;type)

So, after solving this, the future value is $22,175.40

Therefore, the amount at the end of the year is $22,175.40

4 0
3 years ago
1. is stay-alive inc. an effective team? why or why not? 2. how were the various team behaviors performed in this agency? what r
andre [41]

Is Stay-Alive Inc. an effective team because properly attend meetings. Distinct teams perform different functions at Stay-Alive Inc., which has a hierarchical organization. Proper teamwork, the organization has grown more effective. Encourage staff to work and ensure that new technology is employed in the workplace. In team building, major disagreements and misunderstandings arise.

What is team?

A team is an individual or group of people, all working together to achieve a common goal. Teamwork is the most important thing in the organization.

Is Stay-Alive Inc. staff at least attend 5 meetings in a week. Is Stay-Alive Inc. as hierarchical structure of team work. The organization benefits from proper team building. Employees need to be well trained and motivated in their jobs. In a team-building session, conflict and communication hurdles are generated.

As a result, Is Stay-Alive Inc. an effective team and improving performance.

Learn more about on team-building, here:

brainly.com/question/17059661

#SPJ1

7 0
1 year ago
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