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3 years ago

One reason buy a home instead of rent a home is

1 answer:

4 0

<span>By renting a home instead of purchasing one, you are paying someone else's mortgage every month and getting nothing in return. While you are gaining a home to live in for the short term, in the long term you will gain nothing. When you purchase a home you will have a home that you own and that you cannot be evicted from as long as you pay your mortgage.</span>

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Osage Corporation issued 3,350 shares of stock. Prepare the entry for the issuance under the following assumptions. (Credit acco

PilotLPTM [1.2K]

Answer: Please refer to Explanation

Explanation:

DR Cash $ 50,000

CR Common Stock $23,450

CR Paid in Capital in Excess of Par $26,550

(To record issuance of common stock)

Common Stock = 3,350 shares * $7

= $23,450

Paid in Capital in Excess of Stock = 50,000 - 23,450

= $26,550

DR Cash $ 50,000

CR Common Stock $23,450

CR Paid in Capital in Excess of Stated Value $26,550

(To record issuance of common stock)

Common Stock = 3,350 shares * $7

= $23,450

Paid in Capital in Excess of Stated Value = 50,000 - 23,450

= $26,550

DR Cash $50,000

CR Common Stock $50,000

(To record Issuance of Stock)

d) DR Organizational Expense $ 50,000

CR Common Stock $23,450

CR Paid in Capital in Excess of Par $26,550

(To record payment of Organization Expense with stock)

Common Stock = 3,350 shares * $7

= $23,450

Paid in Capital in Excess of Par = 50,000 - 23,450

= $26,550

e) DR Land $ 50,000

CR Common Stock $23,450

CR Paid in Capital in Excess of Par $26,550

(To record issuance of common stock in Exchange of land)

Common Stock = 3,350 shares * $7

= $23,450

Paid in Capital in Excess of Par = 50,000 - 23,450

= $26,550

5 0

3 years ago

The financial statements of New World, Incorporated, provide the following information for the current year: December 31 January

postnew [5]

I believe the question you're asking is cut off...

4 0

3 years ago

Kapcom Telecom wants to implement an on-the-job training program for the sales staff who are unaware of the technical aspects of

leva [86]

Answer:

situational restraints

Explanation:

Based on the information provided within the question it seems that this scenario is illustrating situational restraints. These are factors that act as barriers preventing certain behaviors or performances. Which is the case since the company wants and needs a training program but they do not have the personnel or the money to hire professional IT trainers. Therefore placing a barrier on the knowledge and skills that are needed from the training program.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0

3 years ago

After the civil war the supreme court tended to view economic regulation as something that

sattari [20]

Answer:

attacked or assaulted property rights.

Explanation:

After the civil war, the supreme court held the idea that any government regulation (especially economic regulation) denied private businesses of their property rights and liberties, which constituted a violation of the Fourteenth Amendment. The Fourteenth Amendment guaranteed equal and legal rights to all US citizens (businesses were included as citizens) and guaranteed that no government (state or federal) shall deny any citizen of life, liberty, or property without due process of law.

We have to remember that these were sensible times and the supreme court tried to protect the newly given rights specially to African Americans, but sometimes business people are very capable of using ideological trends in their favor.

4 0

3 years ago

When a wealthy individual invests his or her own money into a business project or start-up company with little intention to infl

kaheart [24]

The answer is: Angel investor

Angel investors only injected their capital with the businesses if they believe that the leaders are capable in making the decision by their own.

This hands-off approach in investments tend to be reall risky. But Angel investors tend to be wealthy enough to the point where they can afford the financial blow back even if a couple of their start up investments fail.

7 0

3 years ago