Answer:
Debit Cash account $57,000
Credit Shares capital $3,000
Credit Share premium $54,000
Being entries to record cash received from the issuance of shares
Explanation:
Par value per share = $1
Issue price per share = $19
Premium per share from issue = $19 - $1
= $18
Number of issued shares = 3000
Share capital balance from issue = 3000 × $1
= $3000
Premium balance = 3000 × $18
= $54,000
Cash received from Issue = 3000 × $19
= $57,000
Entries to be posted
Debit Cash account $57,000
Credit Shares capital $3,000
Credit Share premium $54,000
Being entries to record cash received from the issuance of shares.
Answer:
Convenience store
Explanation:
a Convenience store is a retail store that provides a range of everyday products and impulse products. they are usually located in fuelling stations or along busy roads . these stores are usually opened for long hours
The correct answer to this open question is the following.
You forgot to include the question. Here we just have a statement, but no question at all.
Maybe you wanted to add an opinion or you need to say if this individual needs an extra credit card.
If that is the case, then we can comment on the following.
No. Marshall doesn't need an extra credit card. He already has six, another one could be a burden to his financial record.
Marshall is doing well. He lives a solidly middle-income lifestyle. He’s paying his student loans, his rent, and all of his other expenses on-time. There is no reason to incur more debt with another credit card.
Plus the fact that the other six cards pay 0% interest for the first year, free airline miles, and 20% off his first month’s purchases at his favorite store. But all of that is going to change after the first year and interests are coming.
Until today, he has been strict in paying his full balance each month and he is responsible enough to stop using the card once the initial features expire. Although he desires to take a vacation using the advantages of another credit card, he has to be disciplined and refrain to get it. Six cards are too many for the way of life and the job he has. The moment he loses control of the use of the credits and gets into debt, plus interests, problems are going to raise.
All investments eventually increase in value if held long enough. False.
Securities fraud, also known as a stock fiddle and investment fraud, is a deluding practice in the stock or commodities markets that bring investors to have purchase or sale decisions on the basis of false information, frequently resulting in loses, in violation of ammunition constitution.
