Answer:
a.
Cash 27000 Dr
Common Stock 13500 Cr
Paid in capital in excess of par-Common stock 13500 Cr
b.
Cash 135000 Dr
Preferred Stock 135000 Cr
Explanation:
a.
When we issue stock at premium, we always record the amount received from such issuance of stock at full. So, the cash account will be debited for 4500 * 6 = 27000
However, we record the common stock issued at par value and the remaining is credited under the reserve account which is Paid in capital in excess of par.
Thus the common stock will be credited by its par value of 4500 * 3 = 13500 and the remaining 4500 * 3 will be credited to the Paid in Capital account.
b.
The par value of the preferred stock is 4500 * 30 = 135000
Thus the preferred stock is issued at par and we simply debit the cash received from the issue and credit the preferred stock.
The likely result of having to have a discarded computer that was fully depreciated and the residual value is discarded as it is not present, the transaction will likely cause a loss equal in regards to the residual value that may be recognized.
Answer: No, it is not a viable strategy today.
(1) Sports is seen more as an entertaining event in recent times
(2) Sports is seen as a uniting factor for families and a means to settle disputes
(3) Most companies have invested heavily in sports as a viable business.
(4) Sporting events are better managed in recent years.
Explanation: During recent times Sports has been a great uniting factor for families,sports has been seen as entertainment and people usually see sports like football more as an entertaining and fun activity.
Sports is better managed now,as it is very difficult to see violence occur in most sporting events in recent times,players a taught how to do "fair play"
Sports is also seen as a business venture where many companies have huge investments, so they carry out Activities to promote their businesses.
What options do we knave to choose from? If we do not have any options, then the answer most likely is: the demand in computers will increase.
The reason for this is because if the consumers have more money to buy computers, the odds of them purchasing them are greater, which will increase the demand for the computers.
