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oksian1 [2.3K]
3 years ago
11

Yeloe Corporation sells 400 shares of common stock being held as an investment. The shares were acquired six months ago at a cos

t of $60 a share. Yeloe sold the shares for $40 a share. The entry to record the sale entails a Select one: a. debit to Cash of $16,000, a debit to Loss on Sale of Stock Investments of $8,000, and a credit to Stock Investments of $24,000 b. debit to Cash of $16,000, and a credit to Stock Investments of $16,000 c. debit to Stock Investments of $16,000, a debit to Loss on Sale of Stock Investments of $8,000, and a credit to Cash of $24,000 d. debit to Cash of $24,000, a credit to Gain on Sale of Stock Investments of $8,000, and a credit to Stock Investments of $16,000
Business
1 answer:
guajiro [1.7K]3 years ago
6 0

Answer:

a.

Explanation:

Cash (400*40)              Dr.$16,000

Loss on sale of stock investments (400*40-400*600  Dr.$8,000

Stock Investments  (400*60)                                          Cr.$24,000

As the stock was sold $20 below its purchase price therefore $20*400 will be recorded as loss on investments.The loss on investments and Cash will be debited and investments have decreased therefore credited.

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When robbers consider the selection of a target, they consider how lucrative an establishment is and _____________
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Answer:

The risk of arrest.

Explanation:

When someone contemplates robbing an establishment they consider how quickly the police will respond in certain areas.

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When julie, the marketing executive for hope springs, determined that market segments existed with sufficient disposable income
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The answer to the blank space is demographic.

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During 2019, its first year of operations, Bento Steel Corporation reported a net operating loss of $500,000 for financial repor
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3 years ago
[30 PTS + BRAINLIEST]
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Answer:

C

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A farmer would want to look at the economic status of the US because his goal is to sell as much wheat as possible and make the most profit. If he pays no attention to the economy and there's a recession but he still sells his wheat at the normal price, people whose stocks are going down and who are losing money will be unable to, and unwilling to, pay the price. Thus, the farmer must inspect the changing economic statuses of the US to determine the best and most effective way to market out his wheat to the public.

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