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
lbvjy [14]
3 years ago
5

Rodriguez Corporation issues 18,000 shares of its common stock for $174,800 cash on February 20. Prepare journal entries to reco

rd this event under each of the following separate situations. The stock has a $8 par value. The stock has neither par nor stated value. The stock has a $4 stated value.
Business
1 answer:
AleksAgata [21]3 years ago
4 0

Answer:

a.

Date              Account Title                                                   Debit           Credit

Feb. 20         Cash                                                            $174,800

                     Common stock                                                              $144,000

                     Paid-In Cap. in excess of par                                          $30,800

<u>Working</u>

Common stock = 18,000 * 8

= $144,000

Paid-in cap. = 174,800 - 144,000

= $30,800

b.

Date              Account Title                                                   Debit           Credit

Feb. 20         Cash                                                            $174,800

                     Common stock                                                              $174,800

c.

Date              Account Title                                                   Debit           Credit

Feb. 20         Cash                                                            $174,800

                     Common stock                                                               $72,000

                     Paid-In Cap. in excess of par                                       $102,000

<u>Working</u>

Common stock = 4 * 18,000 = $72,000

Paid in cap = 174,000 - 72,000 = $102,000

You might be interested in
Suppose a country reduces restrictions on how many hours people can work. If reducing these restrictions increase the total numb
maks197457 [2]

Answer:

The correct answer is option c.

Explanation:

If the restrictions on working hours are removed such that keeping other factors constant, the total number of hours worked increases. This will cause the total output to increase.  

But the workers will not be able to work efficiently for longer hours. This will cause productivity to decline.  

This happens because working for long hours will make the workers tired. Their health is negatively impacted so their productivity will decline.

3 0
3 years ago
_____________ architecture utilizes processes of designing, construction, operation, maintenance, and removal that have been car
nikitadnepr [17]

Answer:

_______   architecture utilizes processes of designing, construction, operation, maintenance, and removal that have been carefully planned to have the smallest footprint.

  • Green

Explanation:

  • The green architecture is also known as the green design which is such an architecture method in which we build such designs and projects that will have a minimum impact on the environment and health of the people.
  • In this approach, we use such building materials and techniques that are eco-friendly and produce less harmful wastage. We take steps to keep the air and water clean by not contaminating these resources.
  • We also take some steps to recycle the resources and as well as to keep the footprint on the environment minimum.

8 0
3 years ago
As a result of cash flow shortages, Washington Department Stores has fallen behind in payments to suppliers. Some suppliers are
xenn [34]

Answer:

The correct answer is letter "D": short-term financing.

Explanation:

Short-term financing allows companies to obtain capital for their <em>day-to-day operations</em>. The funds obtained are typically used for the transactions companies require during one period -one year, but the term for payment tends to be within six (6) to twenty-four (24) months. Under this scenario, the main purpose of firms is to keep their businesses up and running and obtain profits enough for the payment of the loan and reinvestment in the company.

7 0
2 years ago
In response to intensive foreign competition, the management of Florex Company has attempted over the past year to improve the q
SVEN [57.7K]

Answer:

oh ok i understand

awnser down here: <3

Synonyms:complicated, difficult, complex, elaborate, confused, confusing, incomprehensible, intricate, contorted, involved

Antonyms:straightforward, simple, make sense, understandable, intelligible, apparent, easy, evident, clear-cut, manifest

Entry:decadence

Synonyms:indulgence, self-indulgence, sybaritic, epicurean, extravagance, weakness, fun-loving, for fun, for a laugh

Entry:evil

Synonyms:the Devil, satanism, black mass, the forces of darkness​/​evil, satanic, Old Nick, horn, Satan

Entry:two-edged

Synonyms:mixed, patchy, spotty, mixed blessing, six of one, (and) half a dozen of the other, a double-edged​/​two-edged sword, work both ways, the rights and wrongs of something, cut both ways

Using the thesaurus

​

Share this entry

SYNONYMS OF THE DAY

happy© PHOTODISC

happy

feeling pleased and satisfied

Synonyms:

glad

alive

pleased

content

satisfied

contented

Browse more

TRENDING WORDS

put off

make someone not want or like something

8.4%

take up

start doing something regularly

-0.9%

take on

start to employ someone

2.5%

keen on something

interested in something and enjoying it

-3.1%

I couldn’t agree more

used for emphasizing that you agree

-10.0%

Browse more Synonyms:complicated, difficult, complex, elaborate, confused, confusing, incomprehensible, intricate, contorted, involved

Antonyms:straightforward, simple, make sense, understandable, intelligible, apparent, easy, evident, clear-cut, manifest

Entry:decadence

Synonyms:indulgence, self-indulgence, sybaritic, epicurean, extravagance, weakness, fun-loving, for fun, for a laugh

Entry:evil

Synonyms:the Devil, satanism, black mass, the forces of darkness​/​evil, satanic, Old Nick, horn, Satan

Entry:two-edged

Synonyms:mixed, patchy, spotty, mixed blessing, six of one, (and) half a dozen of the other, a double-edged​/​two-edged sword, work both ways, the rights and wrongs of something, cut both ways

Using the thesaurus

​

Share this entry

SYNONYMS OF THE DAY

happy© PHOTODISC

happy

feeling pleased and satisfied

Synonyms:

glad

alive

pleased

content

satisfied

contented

Browse more

TRENDING WORDS

put off

make someone not want or like something

8.4%

take up

start doing something regularly

-0.9%

take on

start to employ someone

Explanation:

7 0
3 years ago
Dana is assigned to create a training program for newly hired mortgage loan officers. She has the ____ to complete this assignme
julsineya [31]

Dana is assigned to create a training program for newly hired mortgage loan officers. She has the "responsibility" to complete this assignment.

<h3>What is mortgage loan?</h3>

A mortgage loan is a secured loan that enables you to access money by giving the lender collateral in the form of an immovable asset, like a home or commercial property.

The main difference between the loan and mortgage loan is-

  • Any financial arrangement where one party receives a lump sum and agrees to repay the money is referred to as a "loan."
  • A mortgage is a specific kind of loan used to fund real estate. Although a specific kind of loan, not all loans are mortgages. Loans that are "secured" are mortgages.

To know more about the mortgage, here

brainly.com/question/1318711

#SPJ4

6 0
2 years ago
Other questions:
  • Suppose that a worker in agland can produce either 10 units of organic grain or 2 units of incense per year, and a worker in zen
    8·1 answer
  • Old Economy Traders opened an account to short sell 1,000 shares of Internet Dreams from the previous problem. The initial margi
    6·1 answer
  • If the inverse demand function is:
    7·1 answer
  • Emma Clumsy, the insured, makes a contract with Rest in Peace Insurance Company, the insurer, whereby Emma will pay quarterly pr
    14·1 answer
  • A​ person's ________​ is/are the unique combination of​ emotional, thought, and behavioral patterns that affect how he or she re
    7·1 answer
  • Later, the teaching assistant in Bob's chemistry course gives him some advice. "Based on past experience," the teaching assistan
    12·1 answer
  • Suppose Cho is considering emigrating from her home country.A fictional country of Flaxon has the same policies and institutions
    5·1 answer
  • In a mixed economy who answers the three economic questions
    14·1 answer
  • Kotter studied a number of successful general managers over a five-year period and found that they spend most of their time by t
    10·1 answer
  • To accomplish u. s. objectives, the national security strategy guides the coordination of the instruments of national power whic
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!