Answer and Explanation:
The computation is shown below:
1 Total in Common Stock account is
= 20000 shares × $ 7 par
= $140,000
2 Ending balance in retained Earnings is
= Net income - dividends
= $100,000 - $50,000
= $50,000
3 Additional Paid in Capitalis
= (20000 shares × $1) + (300 preferred shares × $10)
= $23,000
4 Total Preferred Stock account is
= 300 shares × $ 5
= $1,500
5 Total Stockholder's Equity is
= $140,000 + $50,000 + $23,000 + $1,500
= $214,500
Every day, Scientists work hard to come up with cures for auto immune disease; like rheumatoid arthritis.
The Delors commission proposed that all impediments to the formation of a single market (the EC) be eliminated by December 31, 1992, resulting in the Single European Act.
<h3>What is Delors Commission?</h3>
Delors Commission was an admistration by Delors, he was the eight president of the Europeans.
He was the one who set the single market and also established the community of the Europeans the act was commissioned in 1967.
Therefore, The Delors commission proposed that all impediments to the formation of a single market (the EC) be eliminated by December 31, 1992, resulting in the Single European Act.
Learn more on Europeans Act here,
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He needs to bring his Social Security Card and driver's license, along with a $50 deposit, to open the account.
<h3>What are the requirements to open a bank account?
</h3>
- A government-issued picture ID.
- Other essential information, such as your date of birth, Social Security number or Taxpayer Identification Number, or phone number.
- Some banks also need an initial deposit.
<h3>
What are some types of bank accounts?</h3>
- Checking Account.
- Savings Account.
- Money Market Account.
- Certificate of Deposit (CD)
To learn more about Bank Account from the given link
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