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pashok25 [27]
3 years ago
9

Danielle Corporation received $2,000,000 from investors and issued them shares of its stock. Danielle's journal entry to record

this transaction would include a: a. Credit to revenue. b. Debit to investments. c. Credit to common stock. d. Credit to retained earnings.
Business
1 answer:
Korolek [52]3 years ago
4 0

Answer:

c. Credit to common stock.

Explanation:

Usually it's the credit to common stock in an amount equal to the par times stocks issued with the rest credited to Paid-in capital in excess of par.

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Which is an example of an economic factor that affects the business environment
lidiya [134]
Here are a couple of things hope they help

<span>1.)  Interest rates
</span><span>2.) Taxes Inflation
</span><span><span>3.) </span>Currency
</span><span>4.) exchange rates
</span><span>5.) Consumer discretionary income
</span><span>6.) Savings rates
</span><span>7.) Consumer confidence levels
</span><span>8.) Unemployment rate
</span><span>9.) Recession
</span><span><span>10.)</span> Depression </span>










5 0
3 years ago
cost formula is expressed as follows: Y = $17PH + $760,000 where PH is defined as process hours. What budgeted dollar amount wou
VMariaS [17]

Answer:

B. $ 1,984,000 $ 2,112,000

Explanation:

Static budget is a budget that has been prepared for a standard level of output with no tendency to vary irrespective of the level of output.

Therefore, the figure that will appear in static budget  is as follows:

  Y = $16PH + $640,000 where PH is defined as process hours

PH  = 84,000  (Budgeted output)

  Y  = $16(84,000) + $640,000

  Y  = $1,344,000 + $640,000

  Y  = $1,984,000

That is the figure that will appear in the static budget is  $1,984,000

Flexible budget is a budget designed to vary with the level of actual activity.

Therefore the figure that will appear in the flexible budget  is as follows:

  Y = $16PH + $640,000 where PH is defined as process hours

PH  = 92,000   (Budgeted output)

  Y  = $16(92,000) + $640,000

  Y  = $1,472,000 + $640,000

  Y  = $2,112,000

That is the figure that will appear in the flexible budget is  $2,112,000

8 0
2 years ago
Scott Company sells merchandise with a one-year warranty. Sales consisted of 2,500 units in Year 1 and 2,000 units in Year 2. It
Alenkasestr [34]

Answer:

$0

Explanation:

Scott Company must record the warranty expense and liability regarding the products sold during the years that they occur. For example, the following journal entry must be made to record the warranty expense for year 1:

Dr Warranty expense 25,000

    Cr Warranty liability 25,000

During year 2, they will record the warranty expense for that year:

Dr Warranty expense 20,000

    Cr Warranty liability 20,000

That means that during year 3, the only warranty expense recorded will be the one related to the goods sold during that year.

8 0
3 years ago
Why is the uninoculated control sector relatively unnecessary in this test dnase?
Len [333]
<span>there is typically enough medium that is not cleared to show "no reaction"</span>
7 0
3 years ago
Janeesa drove 75 miles. This represents 60% of her entire trip. What is the total number of miles in Jeneesa's trip?
Alenkinab [10]

125 Miles

Make x stand for the total trip miles.

75 = .6x

Divide by .6 (60%)

x= 125 miles

3 0
3 years ago
Read 2 more answers
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