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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

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Laura Bryant joined Kellogg's straight after university in 2002. She joined the Field Sales team initially. This involved visiti
Rama09 [41]

Answer:

(A)The theory applied by the manger is refereed to as the Vroom's expectancy. it was made to inspire Laura to perform better in her place of  work, for this she was promoted duw to her performance and zeal to work.

(B) The motivational factors of Herzberg and Maslow's esteem and self actualization are very close.

Maslow's esteem and actualization focused on employee motivation towards work. while Herzberg motivational factor where more of recognition, achievement, prestige and status.

Explanation:

Solution

(A) The theory used by manager is called the Vroom’s expectancy m which was used to inspire Laura.

Laura put in a great amount of work towards  developing her sales relationship which showed in desired output.

For this performance, she was promoted to the level of Customer Manager at Head Office. (Expectancy)

This made her move into marketing field though she was initially  an assistant Brand Manager but later became the Brand Manager. (Instrumentality).

Her desire to move from Sales to marketing was possible in the end (Valence).

(B) The factors of Herzberg's motivation and Maslow's self-actualization and respect needs are considered very close.

The motivating factors initiated by Herzberg are job elements as responsibility, recognition, achievement, and growth. this was all centered on employee motivation and satisfaction

With regard to Maslow’s respect and self-actualization needs which focused on motivating employee into work. esteem needs centered on status, prestige,and recognition. Self-actualization is called an achievement that us supreme where a person or individual  creates an impact that is seen as positive or beneficial to the society.

5 0
3 years ago
If the margin of safety is $200,000, fixed expenses are $50,000 and sales revenue is $500,000, what are variable costs?
Setler79 [48]

Answer: $250,000

Explanation:

4 0
2 years ago
Solve for the missing amounts in the T-account given below. Assume that there is only one debit entry and one credit entry in th
serg [7]

Answer:

Payment to suppliers was $ 17,100

Credit sales was $37,200

Explanation:

Please refer to the attached for working.

8 0
3 years ago
When we are doing the double entry for the closing inventory, why do we credit the inventory? I understand why we debit the clos
anastassius [24]

Answer:

Debiting in this case means to add to the inventory. Therefore, crediting means that inventory was used up when closing inventory.

Explanation:

A debit is an accounting entry that either increases an asset or expense account, or decreases a liability or equity account. ... A credit is an accounting entry that either increases a liability or equity account, or decreases an asset or expense account.

3 0
3 years ago
Which of the following is a suggested policy on executive smartphone use?
azamat

Answer:

B. all of the above

Explanation:

Suggested policy on executive smartphone use:

  • Smartphone configuration and archiving policies.
  • A mandatory password requirement for smartphones.
  • A stated policy on deleting messages on smartphones
3 0
3 years ago
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