Answer:
1. Required tabulation is the Shares Authorized, the Shares Issued and the Shares Outstanding
Shares Authorized = 290,000 shares
Shares Issued
= Total Cash Collected / Price per share
= 2,170,000 / 14
= 155,000 shares
Shares Outstanding
= Shares Issued - Treasury stock
= 155,000 - 5,000
= 150,000 shares
2. Additional paid in capital account
= Gain (loss) above par
Par value is $10 and Stock was sold for $14
= (14 - 10 ) * 155,000
= $620,000
3. Earnings per share
= Net Income/ Shares outstanding
= 297,000/150,000
= $1.98
Answer:
D. Evidence of title transfer of goods to customers.
Explanation:
The bill of lading is a legally binding document that provides the carrier and shipper with all of the necessary details to accurately process a shipment. It has three main functions. (1) it is a document of title to the goods described in the bill of lading. (2) it is a receipt for the shipped products. (3) the bill of lading represents the agreed terms and conditions for the transportation of the goods.
Answer:
the buyer document is a contract documents
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Answer and Explanation:
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