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
blsea [12.9K]
3 years ago
12

Clothing Frontiers began operations on January 1 and engages n the following transactions during the year related to stockholder

s equity.
January 1 Issue 600 shares of common stock for $40 per share

April 1 Issues 100 additional shares of common stock for $44 per share.

Required:

1. Record the transaction assuming Clothing Frontiers has no-par common stock.

Date General Journal Debit Credit
January 01
2. Record the transactions, assuming Clothing Frontiers has either $1 par value or 41 stated value common stock.

Date General Journal Debit Credit
January 01
Business
1 answer:
Anna11 [10]3 years ago
8 0

Answer:

1. Record the transaction assuming Clothing Frontiers has no-par common stock.

January 1, issuance of 600 stocks

Dr Cash 24,000

    Cr Common stock 24,000

April 1, issuance of 100 stocks

Dr Cash 4,400

    Cr Common stock 4,400

2. Record the transactions, assuming Clothing Frontiers has either $1 par value or 41 stated value common stock.

January 1, issuance of 600 stocks

Dr Cash 24,000

    Cr Common stock 600

    Cr Additional paid in capital 23,400

April 1, issuance of 100 stocks

Dr Cash 100

    Cr Common stock 100

    Cr Additional paid in capital 4,300

You might be interested in
Properties of numbers 7(x-3)=7x-21
Yuliya22 [10]
This property is called the distributive property. It is when you distribute the number outside the parenthesis into the numbers and letters inside the parenthesis.

Example: 

7(x-3) = 7x-21

10(x+5+8) = 10x+50+80 = 10x +130

be sure to simplify like terms as in the example above

10 ( x²+5x³+2x²) = 10x²+50x³+20x² = 30x²+50x³

answer: 30x²+50x³

hope this helps
4 0
3 years ago
Alan karbashian spends all day driving from customer site to customer site for sales meetings in his job with a national medical
tigry1 [53]

Alan karbashian spends all day driving from customer site to customer site for sales meetings in his job with a national medical parts manufacturer. Alan is considered as an outside sales representative.

outside sales representative also referred to as area income representatives, outside sales representative close sales through face-to-face interaction with customers based totally within assigned income territories. They meet with potential and existing customers to give income proposals, tell them of product advantages and features, and negotiate costs.

What are outside sales representative?

outside sales representative confer with the sales of products or services by using sales employees that bodily exit into the field to fulfill with potential clients. outside sales representative have a tendency to paintings autonomously out of doors of a proper office putting or a formal crew environment.

What's the distinction among an inside and outside sales representative?

Internal income reps normally sell proper from their office or home table. outside sales representative, then again, travel and broker face-to-face deals. at the same time as out of doors income reps likely have an employer with physical office space, those salespeople are meeting with potentialities at trade suggests, conferences, and industry activities.

Learn more about outside sales representative here:- brainly.com/question/13982697

#SPJ4

6 0
2 years ago
Alex Timbers, a wood supplier, receives an order of 10 wooden logs from a furniture manufacturing company. The client brief ment
tester [92]

Answer:

<em>Inaccurate</em>

Explanation:

<em>The information that was given to Alex Timbers who was a wood supplier that furniture manufacturing company requires teak wood, this information was </em><u><em>inaccurate</em></u><em>.</em>

Because we can see in the scenario which is mentioned in the question that the quality specialist of that furniture manufacturer company observes that the logs that was sent by Alex Timbers are very big, as the company itself ordered for teak wood, and we know that teak wood is very big. So, we can say that information provided by the company was inaccurate.

4 0
3 years ago
What is confidential information​
dem82 [27]

Answer:

Information that is top secret vip your eyes only

6 0
3 years ago
Read 2 more answers
In 1919, henry ford was sued because:
Lostsunrise [7]
The appropriate response is A. Henry Ford also then sued the Chicago Tribune for criticizing the grounds that it called him an uninformed revolutionary. In court, the guard lawyer has chosen to show Ford's obliviousness and absence of patriotism by posting essential American history inquiries. The vehicle head honcho reliably missed these inquiries, and court transcripts of his nonsense wound up plainly well known perusing at the time.
8 0
3 years ago
Other questions:
  • The following forecast constitutes the demand for relay switches. John Smith, the production planner, has assembled the followin
    10·1 answer
  • A company wants to identify which of two production methods has the smaller completion time. One sample of workers is randomly s
    5·1 answer
  • Because the demand for wheat tends to be inelastic. True or False
    13·1 answer
  • A military expert describes how the military forces are organized for operations as pooled interdependence. this means that each
    14·1 answer
  • At the end of WWII, the US took charge to reshape Japan’s government and economy. The Allies punished Japan for its past militar
    7·1 answer
  • Research that seeks to understand the nature or scope of a nation's criminal justice system is called:
    8·1 answer
  • Give three examples of non price competition.
    10·1 answer
  • Do you agree with the Container Store’s decision to allow employees access to all kinds of company information except individual
    9·1 answer
  • On september 1, you compare the petty cash book balance of $29.30 with the actual currency in the petty cash box. the box contai
    11·1 answer
  • Kristen Lu purchased a used automobile for 8,000 at the beginning of last year and incurred the following operating costs:
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!