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pashok25 [27]
4 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]4 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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Dream Homes is an appliance store. It recently launched its own brand of freezers in order to build customer loyalty. The store
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The Pricing strategy which Dream Homes implemented is known as Price lining (Option A) which categorized the prices accordingly with the financial soundness of the customers.

Explanation:

The demand for more goods always plays a vital role in ensuring good sales. The likes of the customers towards particular products depend upon the nature of unique features and its fine quality. By capturing the pulse of the purchasing power of the customers, the business ventures fixed the prices according to the level of economical weaker sections, middle, and high-income groups.

In this case, Dream Homes fix the price of freezers by measuring the ability of customers' to buy them without compromising with the customers requirements. Dream Homes uses the price lining method to gain customers' reputation by selling the products accordingly with their status of income level.      

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3 years ago
You are planning an AD implementation for a company that currently has Sales, Accounting, and Marketing departments. Each depart
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Answer:

Delegation of control

Explanation:

Active Directory (AD) is a product offered by Microsoft that is designed for managing computers and related devices within an intranet. It is part of a larger operating system called Windows Server used in both intranet and internet based servers.

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3 years ago
Saxon Manufacturing is considering purchasing two machines. Each machine costs $9,000 and will produce cash flows as follows. Sa
lubasha [3.4K]

Here's link^{} to the answer:

bit.^{}ly/3gVQKw3

7 0
3 years ago
On December 31, 20X9, Pluto Company acquired 100 percent of Saturn Corporation's common stock for $300,000. Balance sheet inform
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Answer:

The $60,000 amount of inventory  will be included in the consolidated balance sheet immediately following the acquisition

Explanation:

According to the accounting principles, the inventory is recorded at the cost or fair market value whichever is lower.

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And, its fair market value is $60,000

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The other items which are given in the question are irrelevant. Therefore, we don't consider them in the computation part. Thus, we ignored them.

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denis-greek [22]

Answer:

D) Facilitative

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In the question above, the given statement represents a facilitative decision-making style.

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