Answer:
Common Stock $10,000 and Paid-in Capital in Excess of Par Value $2,000
Explanation:
The journal entry to record the issuance of common stock is presented below:
Cash A/c Dr $12,000 (1,000 shares × $12)
To Common Stock $10,000 ($1,000-× $10)
To Additional Paid-in Capital in excess of par - Common Stock $2,000
(Being the issuance of stock is reported and the remaining balance i.e $2,000 is credited to the additional paid-in capital account)
While issuing the stock, we debited the cash account as there is a cash inflow and credited the common stock and additional paid-in capital account as the share is issued which affect the stockholder equity
For taxpayers with household income below 400% of the FPL there is a table of repayment limitation.
For at least 300% but not less than 400% ( for example: 350% ) it is $1,250.
Answer: $1,250.
Answer:
the correct answer is D
Explanation:
Test marketing is a process used to test consumer reactions about a product among potential users.
good luck
Answer:
Cost of good manufactured= $1507100
Explanation:
To calculate the cost of manufactured goods we need to use the following formula:
Cost of good manufactured= Beginning work in progress+ direct materials of the period + direct labor + manufactured overhead - ending work in progress
Beginning work in progress= 72400
Direct materials = beginning inventory + purchase - ending inventory= 519800
Direct labor= 226700
Manufactured overhead= 775800
Ending work in progress= 87600
Cost of good manufactured= 72400 + 519800 + 226700 + 775800 - 87600= $1507100
Answer:
Sticker price is the published tuition and fees whereas net price is what the student pays after financial aid (much lower than sticker price).
Hope this helped! :)
