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zhenek [66]
3 years ago
10

Which of the following is included in the entry to record the issuance of shares of par value common stock at per share for​ cas

h?
A) Cash is debited for $294,000.
B) Common Stock is debited for $98,000.
C) Common Stock is credited for $294,000.
D) Paid-In Capital in Excess of Par-Common is debited for $196,000.
Business
1 answer:
Vesna [10]3 years ago
7 0

Answer:

A) Cash is debited for $294,000. and,

C) Common Stock is credited for $294,000.

Explanation:

When Shares are Issued for Cash, recognize the Assets of Cash (Debit) and also recognize an equity element - Common Stock (Credit).

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"jasper company, inc. Is a wholesaler that buys merchandise in large quantities. Its supplier's catalog indicates a list price o
Setler [38]

Answer: Jasper's net purchase price unit is $357.

Since Jasper orders in large quantities, Japser is eligible for the trader's discount at 30%.

So, the price per unit will be:

Price per unit after discount = 500 * (1 - 0.3) = 350

Shipping costs are charged by the shipper and Jasper doesn't get any discounts from the shipper. So, we add shipping costs per unit to the discounted price per unit to arrive at the purchase price per unit.

Purchase Price = Discounted Price + Shipping Costs

Purchase Price = 350 + 7 = 357



8 0
3 years ago
Describe how you learn and adjust when an experience does not turn out as expected.
yan [13]

The best way to learn and adjust to a bad experience is to learn from it and try again.

<h3>What is a Learning Experience?</h3>

This refers to the circumstance or event that occurs that teaches one a (painful) lesson that would give him a better idea of dealing with similar events.

Hence, we can see that when a person has a bad experience, it is important to take the lessons and apply it, so that it would not occur again.

Read more about learning experiences here:

brainly.com/question/24452126

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6 0
2 years ago
Supply and demand determine the relative value of any two currencies through the foreign exchange market
Radda [10]

Answer:

true

I hope it is helpful to you

5 0
3 years ago
The current assets of Sheridan Company are $292400. The current liabilities are $116960. The current ratio expressed as a propor
Varvara68 [4.7K]

The current ratio expressed as a proportion is 2.5

Explanation:

Given :

The current assets = $292400

The current liabilities are $116960.

To find :

The current ratio

Solution :

Current Ratio =

\sf{\dfrac{Current \: Assets }{Current \: Liabilities}}

\sf{\implies{\dfrac{292400}{116960}}}

\implies 2.5

Therefore, The current ratio expressed as a proportion is 2.5

4 0
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If people evolve from apes then how are apes still in zoo's
lana [24]
Because when a species evolves, not all of them change. Only the few who have changed the genes, for example, humans will reproduce and unless we wiped out the old species and prevent them from reproducing ( which we didn't ) then there would not be any apes left, but because we didn't the apes still exist.
5 0
3 years ago
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