All categories

2 years ago

The entry to record the issuance of common stock at a price above par includes a credit to?

Business

1 answer:

Anton [14]2 years ago

3 0

The entry to record the issuance of common stock at a price above par includes credit to cash.

Common stock is a protection that represents ownership in a organization. In a liquidation, commonplace stockholders get hold of whatever property remain after creditors, bondholders, and favored stockholders are paid.

Common stock is a form of company fairness ownership, a kind of safety. The phrases balloting proportion and normal proportion also are used often out of doors of the us. they're called fairness stocks or regular shares inside the united kingdom and different Commonwealth nation-states.

For instance, if a employer pronounces a dividend of $10 million and there are 20 million shareholders, investors will acquire $0.50 for each commonplace share they personal.

Learn more about common stock here brainly.com/question/25765493

#SPJ4

You might be interested in

"if a price ceiling on physician services is going to be effective, it must be set ______ the competitive market equilibrium pri

kenny6666 [7]

Price Ceiling

Sellers are prohibited by law from charging a higher price to buyers covered under the ceiling

3 0

3 years ago

PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!

Katena32 [7]

Answer:

Explanation:

So lets go over our information.

We know that the initial balance is 1,250

We know that the compund rate is the stuff inside the parethese is 0.012/4(we will pick that apart later)

We know that t is the amount of periods.

We know that the 4 means quarterly compounding.

So right of the bat, we can tell that it can only be B or D.

Next, we can use the information in the parethese to find the answer between the two.

So, looking at the 0.012, we can tell that if we shift it into percentage form(multiply by 100) we can find that its 1.2%.

This number inside the parethese, which is now 1.2%, is our interest rate.

<u>So the answer must be D.</u>

Hope this helps!

7 0

3 years ago

aleksandr82 [10.1K]

Both provide financial compensation to the beneficiaries upon the policyholder’s death.

5 0

3 years ago

Concord Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and sale

Nitella [24]

Answer:

the numbers are missing, so I looked for a similar question:

Purchases Sales Units Unit Cost Units Selling Price/Unit

3/1 Beginning inventory 100 $40

3/3 Purchase 60 $50

3/4 Sales 60 $80

3/10 Purchase 200 $55

3/16 Sales 70 $90

3/19 Sales 90 $90

3/25 Sales 60 $90

3/30 Purchase 40 $60

the requirements are:

calculate COGS and ending inventory under FIFO, LIFO and weighted average.

since this company uses the periodic inventory level we must first determine the total cost of goods available for sale:

3/1 Beginning inventory 100 $40

3/3 Purchase 60 $50

3/10 Purchase 200 $55

3/30 Purchase 40 $60

total goods available for sale = 400 units, at a total cost of $20,400

total units sold = 60 + 70 + 90 + 60 = 280 units

ending inventory = 120 units

under FIFO:

ending inventory = (40 x $60) + (80 x $55) = $6,800

COGS = $20,400 - $6,800 = $13,600

under LIFO:

ending inventory = (100 x $40) + (20 x $50) = $5,000

COGS = $20,400 - $5,000 = $15,400

under weighted average:

ending inventory = ($20,400 / 400) x 120 = $6,120

COGS = $20,400 - $6,120 = $14,280

3 0

3 years ago

Utility gained with each individual unit of a good that you purchase is called ______________. (select the best answer.) select

xxMikexx [17]

<span>Utility gained with each individual unit of a good that you purchase is called </span>a. marginal utility

This is of high importance because marginal utilities are used to determine how many items a consumer is willing to buy.

6 0

3 years ago