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Yuri [45]
3 years ago
14

Scott wanted to start a lawn cutting service but needed to purchase a lawnmower. Sherif gave Scott $30 in exchange for company r

evenue. What does Sherif now have in Scott’s company?
A.
rebate

B.
investment

C.
stock

D.
bond
Business
2 answers:
NISA [10]3 years ago
5 0
B an investment the sherif invested
Mashcka [7]3 years ago
5 0

Answer:

The correct answer is C. Stock

Explanation:

I got it correct on Plato!

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Windsor Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of
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Answer:

Answer for the question:

Windsor Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of $107,000. (a) Prepare the journal entry for the issuance when the market price of the common shares is $164 each and market price of the preferred is $205 each. (b) Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $184 per share. (Round answers to 0 decimal places, e.g. $1,225. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) No. Account Titles and Explanation Debit Credit (a) enter an account title for case A

is given in the attachment.

Explanation:

Download pdf
3 0
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Sunland Company had the following department data: Physical Units Work in process, beginning 0 Completed and transferred out 909
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Answer:

Equivalent units of production= 98,700

Explanation:

Giving the following information:

Physical Units Work in process, beginning 0

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Work in process, ending 7,800

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<u>To calculate the equivalent units, we need to use the following formula:</u>

<u></u>

Units completed in the period + Equivalent units in ending inventory WIP (units*%completion) = Equivalent units of production

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