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saveliy_v [14]
3 years ago
15

Smith Company exchanges assets to acquire a building. The market price of the Smith stock on the exchange date was $35 per share

and the building’s book value on the books of the seller was $250,000. Which of the following journal entries is correct for Smith Company when Smith issues 11,900 shares of $10 par value common stock and pays $21,900 cash in exchange for the building?
The market price of the Smith stock on the exchange date was $20 per share and the building’s book value on the books of the seller was $219,000. Building 140,900 Cash 21,900 Common stock 119,000 Building 259,900 Cash 21,900 Common stock 119,000 Additional paid-in capital 119,000 Building 259,900 Common stock 259,900 Building 259,900 Cash 21,900 Common stock 238,000
Business
1 answer:
Aneli [31]3 years ago
8 0

Answer:

you can find this in google but idk if its correct

Explanation:

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it is one-fourth of the no whose half is taken

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7 0
3 years ago
Which statement regarding strategies is true?
Iteru [2.4K]
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5 0
4 years ago
Hokey Min's Kleen Karpet cleaned 75 rugs in October, consuming the following resources: Labor: Solvent Machine Rental: 520 hours
mezya [45]

Answer:

0.0075 rugs per dollar

Explanation:

(b)

Total labor cost:

= 520 hours × $15 per hour

= $7,800

Total solvent cost:

= 100 gallons × $5 per gallon

= $500

Total machine rental cost:

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= $1,650

Multi-factor productivity:

= Number of rugs ÷ (Total labor cost + Total solvent cost + Total machine rental cost)

= 75 ÷ ($7,800 + $500 + $1,650)

= 75 ÷ $9,950

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8 0
3 years ago
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KiRa [710]

Answer:

a measurable goal

Explanation:

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4 0
3 years ago
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