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umka21 [38]
3 years ago
13

Lewis company has $25,000 in retained earnings, $40,000 in assets, and $11,000 in liabilities. how much is in common stock?

Business
1 answer:
Nimfa-mama [501]3 years ago
6 0
<span>BASIC FORMULAE IS ASSETS -(LIABILITIES +COMMON STOCK)=RETAINED EARNINGS SO, BY SUBSTITUTION 40000-(11000+COMMON STOCK)=25000 THUS COMMON STOCK 4000</span>
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A reduction in the number of kanbans (given a constant container size) requires a reduction in safety stock and/or lead time.

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$3000 is invested in an account earning 8% interest compounded annually. How much will there be in the account after two years?
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Answer:

C

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Answer:

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3 years ago
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The increase in the Notes Payable account would be recorded with a credit.

<h3>Notes payable account:</h3>

Assuming the company purchased land in exchange for a $25,000, 10-year note payable the increase in the Notes Payable account would be recorded with a credit.

The appropriate journal entry to record this transaction will be:

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Learn more about notes payable here:brainly.com/question/14816928

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