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
baherus [9]
3 years ago
7

Work Place Products Inc., a wholesaler of office products, was organized on July 1 of the current year, with an authorization of

125,000 shares of 1% preferred stock, $65 par and 700,000 shares of $20 par common stock. The following selected transactions were completed during the first year of operations:
Journalize the transactions.
A. July. 1 Issued 80,000 shares of common stock at par for cash.
B. July. 1 Issued 500 shares of common stock at par to an attorney in payment of legal fees for organizing the corporation.
D. Aug. 7. Issued 21,500 shares of common stock in exchange for land, buildings, and equipment with fair market prices of $78,000, $427,000, and $97,000, respectively.
E. Sept. 20. Issued 35,000 shares of preferred stock at $79 for cash.
Business
1 answer:
vlada-n [284]3 years ago
4 0

Answer:

i am sorry i do not know.

Explanation:

i

You might be interested in
following organizations provides CI functional services and analysis in support of international arms control agreements
aivan3 [116]

Director, National security agency chief, central security service DIRNSA/CHCSS provides CI functional services and analysis in support of international arms control agreements.

<h3>What does Director, National security agency chief, central security service DIRNSA/CHCSS do?</h3>

The highest senior member of the National Security Agency, a defense organization under the Department of Defense of the United States, is the director (DIRNSA). The chief of the Central Security Service (CHCSS) and commander of U.S. Cyber Command are both simultaneously held by the NSA director (USCYBERCOM). The officeholder reports to the under secretary of defense for intelligence as the director of the NSA and as the head of the CSC, and as the commander of U.S. Cyber Command, directly to the secretary of defense.

To learn more about NSA visit:

brainly.com/question/14611914

#SPJ4

4 0
1 year ago
Everyone has a different vision for what they like to do once they retire. List three things you think you'd like to do once you
Irina-Kira [14]

Answer:

move somewhere near Nevada.

hangout with grandkids.

have fun with my s/oand never get boring.

5 0
3 years ago
What is wrong with the following outline?
sattari [20]

Answer:

there are not enough subpoints for each main point

7 0
2 years ago
Accurate Tax Returns budgets two direct labor hours for every tax return that it​ prepares, at a standard cost of $ 32 an hour.
zhuklara [117]

Answer:

Labor cost variance refers to the variance, which is determined by subtracting the actual direct labor cost from the standard direct labor cost associated with the product.

Explanation:

Given that:

Actual hours = 1,000

Actual rate = $48.15

Standard rate = $32 per hr.

Now,

Labor Cost variance = Actual hours * (Actual rate - Standard Rate)

Labor Cost variance = 1000 * (48.15 - 32)

Labor Cost variance = 1000 * 16.15

Labor Cost variance = 16,150

4 0
3 years ago
Suppose the economy is in a recession. The economy needs to expand by at least $300 billion, and the marginal propensity to cons
Art [367]

Answer: $120 billion

Explanation:

Fron the question, we are told that an economy is in a recession and needs to expand by at least $300 billion, and the marginal propensity to consume is 0.6.

The least amount the government can spend to overcome the $300 billion gap goes thus:

Since MPC = 0.6, then the multiplier will be:

= 1/(1-MPC)

= 1/(1-0.6)

= 1/0.4

=2.5

We are also informed that the required change in the money supply is $300 billion. Then, the investment needed will be:

= Expansion/Multiplier

= $300 billion/2.5

= $120 billion

4 0
3 years ago
Other questions:
  • A store that sells a huge variety of one type of product, such as books, in order to dominate the market for that product is cal
    7·1 answer
  • Overton, Inc. had the following transactions in 2017, its first year of operations: • Issued 15,000 shares of common stock. Stoc
    11·1 answer
  • Which of the following is an example of an activity undertaken by an​ entrepreneur? A. being promoted to the position of Chief o
    12·1 answer
  • In 1969, frustrated by the lack of progress in LAFTA, Bolivia, Chile, Colombia, Ecuador, and Peru joined in creating the Andean
    10·1 answer
  • What was your annual net income for your most recently filed tax year?
    11·1 answer
  • With an activity flexible budget, a budget variance is calculated a.based on a flexible budget based on various activity drivers
    15·1 answer
  • A movie studio sells the latest movie on DVD to VideosRUs at $10 per DVD. The studio's cost of production is $1 per DVD. VideosR
    15·1 answer
  • Discuss the importance of innovation in the survival and success of a business. Include three strategies that you, as an entrepr
    11·1 answer
  • Item 1 Lawrin is a real-estate salesperson whose compensation is commission-only. She earns a 3% commission on the sale price of
    14·1 answer
  • True or False: Potential customers and non-potential customers are mixed together in the marketplace, so it is impossible to ens
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!