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Scorpion4ik [409]
2 years ago
5

Record the issue of 4,000 shares of $5 par value common stock for $35000 cash

Computers and Technology
1 answer:
ladessa [460]2 years ago
4 0

The outcome are:

  • Cash =  $35,000
  • Common Stock $ 5 Par Value = $20,000
  • Paid-in Capital in exc of par val CS =  $15,000

<h3>What is the shares about?</h3>

Shares are known to be the units of measurement for any equity ownership that is found in a corporation.

Note that in the case above, since the Corporation were said to have issued 4000 shares. the cash they have is $35,000.

To get the Paid-in Capital in exc of par val CS =  

Cash ($35,000) - Common Stock $ 5 Par Value ($20,000)

=   $15,000

Therefore, The outcome are:

  • Cash =  $35,000
  • Common Stock $ 5 Par Value = $20,000
  • Paid-in Capital in exc of par val CS =  $15,000

See the question below

A Corporation issued 4000 shares of $5 par value common stock for $35,000

Learn more about shares  from

brainly.com/question/25818989

#SPJ1

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#include <stdio.h> //header file.

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{

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Explanation:

The description of the above program as follows:

  • In the program firstly we include the header file and define a method that is "main method" in the method we define variables that are "size, n, i, and a[]".  The size variable is used to make a variable constant that means its value will not change in the program. We pass the size variable value to the array and use i variable for loop.
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  • Then we define another for loop in this loop we print all array elements in reverse order.
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