The answer is B . Petty cash
Answer:
A) Credit to Common stock $2,000
C) Credit to Additional paid-in capital $8,000
Explanation:
The journal entry to record the issuance of stocks should be:
Dr Cash 10,000
Cr Common stock 2,000
Cr Additional paid in capital 8,000
Whenever a corporation issues new stocks, it must increase common stock account using the stocks' par value. Any additional amount must be recorded under the additional paid in capital account. Both accounts are part of the stockholders' equity and have credit balances.
option a is correct because Outlining will help construct and organize ideas in a sequential manner and thoughtful flow. Doing so allows you to pick relevant information or quotes from sources early on, giving writers steady foundation and groundwork when beginning the writing process.
Answer:
A. TRUE
Explanation:
Earnings variability is sometimes considered a negative sign as investors do not know whether the company's earnings in one year can be sustained in the next and this would happen with Firm A if it is proven to have more risk
Answer:
Answer is option C.
Explanation:
Under ERISA legislation, there is no restrictions on the trading options of different retirement plans. However, in many cases before any of these wish to get engaged in option trade, they are required to adopt to the policy mentioned in the plan. It is common with the index option that engages in large pension plans to follow the mentioned policy.