Answer and Explanation:
The Journal entry is shown below:-
Cash account Dr. $50,000
To Paid in Capital in Excess of Stated Value account $45,000
To Common Stock account $5,000
(Stated Value 1 × $5,000)
Being common stock issued is recorded)
For recording the common stock issued we simply debited the cash account as it is increasing assets while we credited the paid in capital in Excess of Stated Value and common stock as equity is increasing.
Caroline was playing with a slide, tunnel, teddy bear, panda, doll and a goldfish.
<u>Explanation</u>:
- In her childhood days, her mother will take her to the park, beach. Caroline will enjoy those days. She will play with many toys and she will not give it to anyone.
- Caroline will play in the zoo and she will enjoy that place. She will play with a teddy bear, goldfish, slides, tunnel, panda, and a doll. A nursery school was built for caroline. She will play in the evening at the school.
The top 10 resistance training exercises are:
1) squats
2) lunges
3) dead lifts
4) pull ups or chin ups
5) lateral pulldown
6) bent over row
7) push ups
8) bench press
9) tricep push down
10) barbell curl
The phases of movement in an exercise are the following:
1) concentric - muscles contract and its fibers are shortening. movement goes inward ; towards the body. involves curling.
2) isometric - muscles contract but no movement. it neither shortens nor lengthens.
3) eccentric - muscles contract and its fibers are lengthening. movement goes outward; involves stretching.
More power is generated during the eccentric phase of movement. This phase also generates the most soreness because it causes the most number of micro-traumas. But compared to the other two phases, eccentric phase is safer when you train a pattern or motor movement repeatedly.
Answer:
9.60; 10.62
Explanation:
In 2016:
Average accounts receivables:
= (Beginning accounts receivable + Ending accounts receivable) ÷ 2
= (37,500 + 40,800) ÷ 2
= 39,150
Accounts receivable turnover = Net sales ÷ Average accounts receivables
= $376,000 ÷ 39,150
= 9.60
In 2017:
Average accounts receivables:
= (Beginning accounts receivable + Ending accounts receivable) ÷ 2
= (40,800 + 43,000) ÷ 2
= 41,900
Accounts receivable turnover = Net sales ÷ Average accounts receivables
= $445,000 ÷ 41,900
= 10.62
