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
nadya68 [22]
3 years ago
10

The following information is from Princeton Company's comparative balance sheets.

Business
1 answer:
allochka39001 [22]3 years ago
6 0

Answer:

cash received = $ 240,000

Explanation:

On calculating the common stock $10 par

Beg. balance - $ 118,000

                      $6,000      - Issuance of common stock

Thus the ending balance = $124,000

On calculating the paid in capital in excess of par

Beg. balance - $ 351,000

                      $ 234,000 - Issuance of common stock

Thus the end balance - $ 585,000

Therefore,

The cash received - $ 240,000

You might be interested in
Jack, Jamie, Ronnie, and Stephan own the only computer software manufacturing companies in the country. When Jack increases the
Likurg_2 [28]

Answer: Perfect Competition

Explanation:

This is a situation prevailing in a market in which buyers and sellers are so numerous and well informed that all elements of monopoly are absent.

6 0
3 years ago
Read 2 more answers
On january 1st year 1, a company issues $410,000 of 7% bonds
storchak [24]

Answer:

The appropriate journal entries to record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021 are:

White Water journal entries

1-Jan-21

Debit Cash $382,141

Credit Discount on Bonds Payable $27,859

($410,000-$382,141)

Credit Bonds payable  $ 410,000

30-Jun

Debit Interest Expenses $ 15,286

($382,141 x 8%/2)  

Debit Discount on Bonds Payable $736

Credit Cash $14,350

($410,000 x 7%/2)  

31-Dec

Debit Interest Expenses $15,315.08

[($382,141 + 736) x 8%/2]

Credit Discount on Bonds Payable $965.08

($15,315.08-$14,350)

Credit Cash $14,350

($410,000 x 7%/2)

yo

3 0
2 years ago
What is the total amount of cash dividends paid to common stockholders for the years ended (a) September 30, 2017, and (b) Septe
s344n2d4d5 [400]

Answer:

Note: Missing question but the full question is attached as picture below

The Cash dividends paid to common stockholders can be obtained the financing activities section of the Consolidated statement of cash flows tagged (Payments of dividends and dividends equivalents)

                            Cash dividend paid

Common stock issued and outstanding             Cash dividends

(a) September 30, 2017                                        $12,769,000,000

(b) September 24, 2016                                        $12,150,000,000

3 0
2 years ago
Tyrone, a project manager at a computer firm, needs to monitor the schedule of a critical project. What should Tyrone do first?
MA_775_DIABLO [31]

Answer:

The correct answer is letter "C": Identify major scope creep.

Explanation:

Scope creep in project management refers to those uncontrolled changes in the scope of a plan. This can be caused when the scope of the project is not defined or controlled correctly. It may cause schedule variances so it is important to deal with it during the first steps of monitoring a critical project.

4 0
2 years ago
The shared federal and state health insurance program for low-income persons is called
Olin [163]

The joint federal and state health insurance program for low-income persons in the United States is called MEDICAID. Medicaid, helps with medical costs for those people with limited resources and income. While Medicaid is jointly funded by both federal and state governments, it is managed by the state governments.

8 0
3 years ago
Other questions:
  • A financial advisor has heard from a relative of nr industries inc.'s ceo that the company is planning to shut down its operatio
    9·1 answer
  • Fullerton Waste Management purchased land and a warehouse for $720,000. In addition to the purchase price, Fullerton made the fo
    12·1 answer
  • Which situation would result in a credit card issuer charging a late-payment fee?
    12·1 answer
  • Who gains and who loses when a country imposes a tariff or a quota on imports of a​ good? Suppose the United States imposes a
    13·1 answer
  • Leo works in a Mercedes Benz factory in Alabama. He is then transferred to Mercedes’s plant in South Africa. When does the value
    10·1 answer
  • Please help me!! due tmrw!!!
    14·2 answers
  • We read about making business level strategies and corporate level strategies in pursuit of our vision or mission. In that, comp
    13·1 answer
  • The image shows a bar graph.
    7·2 answers
  • If athletes choose to use supplements despite the known risks, usada currently recognizes ___________ as the third-party program
    12·1 answer
  • an analyst gathered the following data about a company: 1,000 common shares are outstanding (no change during the year). net inc
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!