Organization Expenses Dr 7,500
Cash 7,500
June 14 Cash Dr 120,000
Common Stock 110,000
Paid-In Capital in Excess of par value—Common 10,000
June 22 Cash Dr 120,000
Preferred Stock 90,000
Paid-In Capital in Excess of par value—Preferred 30,000
Answer:
The answer is A.
Explanation:
In each other presentation, choosing the “Reuse Slides” tool and then browsing to find the credits slide in the original presentation.
Brainliest please!!!!!!!!!
Answer:
False
Explanation:
Medicaid is for all-ages (not just senior citizens) and for low-income Americans.
Arch duke of Fran's Ferdinand. Hope this helps
Answer:
True
Explanation:
Section 351 (a) establishes that no gain or loss should be recognized when property is transferred to a corporation:
- in exchange of stock in that corporation (might receive common stock or share class stocks)
- as soon as the exchange is complete, the new stockholder must be in control of the corporation.
Not all common stocks have the same voting rights, that is why they are divided into share classes which assign separate voting rights or powers. Section 351 does not include preferred stocks.
