1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
SSSSS [86.1K]
3 years ago
5

On January 1, 2020 (the date of grant), Concord Corporation issues 2,300 shares of restricted stock to its executives. The fair

value of these shares is $69,000, and their par value is $11,500. The stock is forfeited if the executives do not complete 3 years of employment with the company. Prepare journal entries for January 1, 2020, and on December 31, 2020, assuming
Business
1 answer:
ioda3 years ago
5 0

Answer:

Explanation:

Date. Description/Account. Debit. Credit.

1/1/2020. Unearned Compensation. $69,000

Paid - in Capital in Excess of Par. $69,000

Common stock. $10,000

12/31/2020 Compensation Expense. $23,000

Unearned Compensation. $23,000

You might be interested in
Which market structure is most prevalent in reality? Explain.​
kaheart [24]

Answer:

Perfect competition is an ideal type of market structure where all producers and consumers have full and symmetric information, no transaction costs, where there are a large number of producers and consumers competing with one another. Perfect competition is theoretically the opposite of a monopolistic market.

Explanation:

Pls mark me the Brainliest..pls..

5 0
2 years ago
Read 2 more answers
Portia is a vegetarian and chooses not to eat meat based on moral and ethical rationales. Her employer is hosting a barbeque eve
8090 [49]

Answer:

D. freedom of conscience (limited)

Explanation:

Freedom of conscience consists is having the right to form one's own ethical and moral views, independent of other's beliefs, and also having the right to act in a way that is coherent with those ethical and moral views.

Even if Portia is an employee, and is legally bound to her employer in many ways, she is not obliged to do something that goes against her ethical and moral rationales, whether at the workplace, or a event outside of the office like the barbeque. As a vegetarian, she has the right to be excused from the party, and exercise in that way, her freedom of conscience.

5 0
3 years ago
Oscar is thinking of quitting his job and buying a business. He thinks he will earn $100,000 in the first year. He currently wor
zepelin [54]
Oscars opportunity cost for buying the business is 50,000
7 0
3 years ago
Please help, I put 40 points.)
Wewaii [24]
I think the second one cause Lara study's new hybrid plants and that's what a plant scientist does and then Jon uses it to feed cattle and farmers have cattle
Sorry if wrong but I hope this helps
6 0
3 years ago
Read 2 more answers
Planet company sells a product for $16 per unit, variable cost is $12 per unit, and the total fixed cost is $6,000. What is the
finlep [7]
The following formula is used to calculate break even point:

Break even point = Fixed cost/(Price per unit - Variable cost per unit)

Substituting for the values given;

Break even point = 6,000/(16-12) = 1,500 units
8 0
3 years ago
Other questions:
  • Dusty is evaluating two bids to supply fence hardware for the 5 acres of pasture that need to be fenced. breezy submits a bid of
    10·2 answers
  • 3. According to their comparative advantage, Alphaland specializes in axes and Betaville specializes in batons. Alphaland will t
    12·1 answer
  • Juliette formed a new business to sell sporting goods this year. The business opened its doors to customers on June 1. Determine
    9·1 answer
  • Assume that market and book values are equal for current assets, current liabilities, and debt and other long-term liabilities.
    5·1 answer
  • Fleesum recently began using cross-functional teams. Dee wants to make sure the teams collaborate effectively, but also wants to
    5·1 answer
  • Marsh uses a perpetual inventory system. On December 29, Marsh, Inc. sold inventory for $5,500 on account with terms 2/10 n/30.
    11·1 answer
  • What was the general relationship between auto production and military aircraft production in the war years?
    15·1 answer
  • Kim, a CPA, works for a small accounting firm consisting of two managing partners, six accountants and four secretaries. During
    12·1 answer
  • Moving truck makes the displacement of (180m) toward east in period of(9.0s). What is the average velocity of the truck?someone
    9·2 answers
  • Maria has a balance of $4,500 on her credit card with a 22% interest rate. How long will it take her balance to double?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!