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
Debora [2.8K]
3 years ago
12

Nebraska Inc. issues 4,100 shares of common stock for $131,200. The stock has a stated value of $15 per share. The journal entry

to record the stock issuance would include a credit to Common Stock for
Business
1 answer:
julsineya [31]3 years ago
5 0

Answer:

$61,500

Explanation:

Based on the information given if the company

issues 4,100 shares of common stock for the amount of $131,200 in which the stock has a stated value of $15 per share which means that The journal entry to record the stock issuance would include a credit to Common Stock for $61,500 Calculated as:

Credit to Common Stock=4,100 shares*$15 per share

Credit to Common Stock=$61,500

You might be interested in
In which situation would it be better to use a credit card instead of cash?
bonufazy [111]
Computer, its a larger amount of money to pay so it would be best there

6 0
2 years ago
A game may not start or continue if either team has fewer than ____ players.
Leni [432]
The answer is 7 players.
If, the amount of red cards that received by either team make the total players of their team less than 7, the opposition team would automatically won the game (and the vicotry would be recorded as 3-0 victory for the team that still had more than 7 players)
3 0
3 years ago
A written representation from a client’s management that, among other matters, acknowledges responsibility for the fair presenta
7nadin3 [17]

Answer:

The answer is Chief Executive Officer and and the Chief Financial Officer

Explanation:

As part of the requirements for audit process, the external auditor will obtain from the management a written representation for the financial statements being presented to the external auditor. The management is responsible for the preparation of Financial statement and the external auditor expresses their opinions on it.

To show accountability, The Chief Executive Officer and the Chief Financial Officer both sign on it.

6 0
2 years ago
In the Control Process, it is important to use the proper comparison method when comparing task results with its objectives and
DaniilM [7]

Answer: Personal comparison

Explanation:

When it comes to the Control Process, entities are allowed to use several comparison methods when comparing task results with objectives.

These include:

  • the Historical method where current performance is compared to past performance
  • the Relative comparison method where the organization's performance is compared against a benchmark of other organizations in the industry.
  • Engineering comparison where schedules are used to ensure that activities finish on time.

Personal comparison is not an acceptable method.

4 0
2 years ago
oselli Animation plans to offer its employees a salary enhancement package that has revenue sharing as its main component. Speci
tatyana61 [14]

Answer:

Answer for the question:

oselli Animation plans to offer its employees a salary enhancement package that has revenue sharing as its main component. Specifically, the company will set aside 2% of total sales revenue for year-end bonuses. The sales are expected to be $5 million the first year, $5.5 million the second year, and amounts increasing by 10% each year for the next 5 years. At an interest rate of 6% per year, what is the equivalent annual worth in years 1 through 5 of the bonus package?

is given in the attachment.

Explanation:

4 0
3 years ago
Read 2 more answers
Other questions:
  • Excerpts from Huckabee Company's December 31, 2018 and 2017, financial statements are presented below: 2018 2017 Accounts receiv
    7·1 answer
  • Which of the following will improve your bargaining position with customers a. ​The product your team produces has become more c
    5·1 answer
  • Before you could train as a physician, you first had to become _____.
    11·2 answers
  • Crowder Company acquired a tract of land containing an extractable natural resource. Coronado is required by its purchase contra
    5·1 answer
  • What does 3 dots inside a silver ring mean?
    8·1 answer
  • An annuity that goes on indefinitely is called a perpetuity. The payments of a perpetuity constitute a/an series. The equation i
    12·1 answer
  • You have just moved to San Diego, and in your new job you get $1000 a month in disposable income. Suppose you wish to purchase n
    10·1 answer
  • Mrs. Jones offers a reward for the return of her dog Fifi and puts posters advertising the reward all over her neighborhood. Mr.
    10·1 answer
  • Compute the current ratio and acid-test ratio for each of the separate cases. Camaro GTO TorinoCash $ 2,000 $110 $1,000Short-ter
    5·1 answer
  • Cain Components manufactures and distributes various plumbing products used in homes and other buildings. Over time, the product
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!