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AfilCa [17]
3 years ago
10

Prepare journal entries to record the following four separate issuances of stock.

Business
1 answer:
Pavel [41]3 years ago
6 0

Answer:

Item 1

Debit : Cash $144,000

Credit : Common Stock $120,000

Credit : Common Stock Paid in Excess of Par $24,000

Item 2

Debit : Cash $39,000

Credit : Common Stock $39,000

Item 3

Debit : Cash $39,000

Credit : Common Stock $39,000

Item 4

Debit : Cash $89,000

Credit : Preferred Stock $50,000

Credit : Preferred Stock paid in excess of par $39,000

Explanation:

Take a careful note on Par value Stocks and No Par Value Stocks. A reserve is created whenever Stocks are issued above their Par Value.

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In column e, enter formulas that calculate the percentage of the grand total for each type of school supply (total cost of each
anyanavicka [17]

The formula to use get the % of grand totals is as follows:

  • after having the group subtotals, enter the formula SUBTOTAL(9,B2:B21) into a cell you need then press Enter key.

<h3>What is a cell?</h3>

In a spreadsheet. this refers to the rectangular area that is formed by the intersection of a column and a row.

On a typical spreadsheet, every cells have its assigned code from Combination of Number 1-10 to Alphabet A-Z.

In order to calculate the percentage of the grand total for each type of school supply, we will need to enter a formula in the "% of Grand Total" column to divide the value in the "Total Cost" column by the grand total which will format the result as a percentage.

Read more about cell

<em>brainly.com/question/25879801</em>

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7 0
2 years ago
Automatic stabilizers refer to:
Aliun [14]

Answer:

B) government spending and taxes that automatically increase or decrease along with the business cycle.

Explanation:

The two most common automatic stabilizers are: income taxes and unemployment benefits.

When the economy is strong, people make more money, and income tax revenue automatically increases.

On the contrary, when the economy is weak, or in recession, people earn less, and more of them are unemployed. Unemployment benefits therefore increase accordingly.

4 0
3 years ago
The rule of equal marginal utility per dollar spent suggests that consumers maximize utility by A. Equalizing across goods and s
DedPeter [7]

Explanation:

B-Equalizing the marginal utility per dollar spent across goods and services

Pls mark brainliest

7 0
3 years ago
Tejasi brings suit against her employer under Title VII for disparate treatment on the basis of Texas's national origin. At tria
aleksley [76]

Answer:

<u>Yes</u>

<u>Explanation</u>:

  1. First, the law is against the action she claims her employer did.
  2. Secondly and more importantly is the fact that she has enough evidence to prove that the review of her performance by her employer was discriminatory. This facts are strong prove;

Tejasi received the poor review one week after the boss made his comment and one day before the demotion.

6 0
3 years ago
g True or False and then Explain: Firm profits are always higher if the firm can engage in third degree price discrimination tha
Romashka-Z-Leto [24]

Answer:

true

Explanation:

Price discrimination is when the same product is sold at different prices to customers in different markets

types of price discrimination

1. first degree price discrimination : here sellers charge each consumer at their willingness to pay in order to eliminate consumer surplus.

2. second degree price discrimination : here firms offer different prices depending on the quantity purchased. e.g. giving discounts for bulk purchases.  

3, third degree price discrimination : firms charge different prices to different groups of customers. e.g. having a certain price for senior citizens, students  

If a company charges different prices to different groups, they would be charging at prices customers would be willing to pay

3 0
3 years ago
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