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
gulaghasi [49]
3 years ago
6

How would the issuance of common stock for cash affect the accounting​ equation?

Business
1 answer:
shepuryov [24]3 years ago
3 0

Answer:

Explanation:

The journal entry to record the given transaction is shown below:

Cash A/c Dr XXXXX

    To Common stock A/c XXXXX

(Being the issuance of the common stock is recorded)

The accounting equation is

Total Assets = Total liabilities + Stockholder equity

Cash Increased = No effect    + Increased

Therefore, the cash account and the common stock is increased.

You might be interested in
What is a business idea?
mart [117]

A business idea is an idea that one or more people come up with to start a business. The idea will state what the business is, how they think it should be run and what their customer base will be. After a business idea is planned the developer typically develops a marketing plan and from there they try and receive funding or get approval for their business idea.

3 0
3 years ago
Read 2 more answers
Jeremy purchased a carton of eggs from his local grocery store. After eating them, he got very sick and realized that they had n
White raven [17]

All of these Federal Agencies are responsible for this issue because a person sick eating those eggs.I think all agencies should get sued!

3 0
3 years ago
You want to acquire a graphic design project. Describe how you will exhibit your public relations skills and interact with the c
elena-14-01-66 [18.8K]

Answer:

First and foremost, to get any job, I would have to be sincere, transparent, honest, look in the eye, have a firm handshake, be assertive in my actions and dialogue. For getting that particular project, I would show my portfolio of prior jobs, showing the quality and identity of my work. I could give references to past employees and, if I was a freelancer at some point, could describe how I got those jobs, showing how good my professional network could be. I could as well, given this time and age, show my social media and tell about my newest courses, showing that I’m on par with the latest on the graphic design industry. Lastly, dressing properly, being kind and solicit can go a long way in getting a job.

8 0
3 years ago
Suppose that the United States decided to subsidize a major competitive effort by the semiconductor industry to bring to market
Soloha48 [4]

Answer:

<em>Explained below.</em>

Explanation:

<em>According to the current rules of the WTO(which is also known as World Trade Organization) and as well as GATT(which is known as The General Agreement on Tariffs and Trade),</em> the United States effort is  been allowed as long as the subsidies(which is also known as government incentive) do not involve a direct payment to the industry.

5 0
4 years ago
On January 1, 2008. Titania, Inc. granted stock options to officers and key employees for the purchase of 20,000 shares of the c
Kryger [21]

Answer:

what do you want me to answer ?

Explanation:

7 0
3 years ago
Other questions:
  • The millions of workers leaving the job market for the reasons given are A. not counted as unemployed in the BLS data because th
    9·1 answer
  • what is the money an investor receives above and beyond the money initially invested called?a) saving.b)liquidity.c)return.d)inv
    5·2 answers
  • Zoo Inc. is preparing its cash budget for March. The budgeted beginning cash balance is $21,000. Budgeted cash receipts total $1
    14·1 answer
  • Way Cool produces two different models of air conditioners. The company produces the mechanical systems in their components depa
    7·1 answer
  • If a government form for a bank financial report begins with the letters FR, which government agency maintains the
    11·2 answers
  • On January 1, Year 1, Willette Company sold $240,000 of 6% ten-year bonds. Interest is payable semiannually on June 30 and Decem
    10·1 answer
  • Of money's three functions, the one that distinguishes money from other assets is:
    15·1 answer
  • 46. A 10% stock dividend is reported in connection with a statement of cash flows as:a.A financing activity.b.An investing activ
    8·1 answer
  • Which of the following is NOT one of the four factors of production?
    14·1 answer
  • Computing liquidity ratio is _____ but interpreting them is____ .
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!