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Amiraneli [1.4K]
3 years ago
6

A corporation issued 2,500 shares of its no par common stock at a cash price of $11 per share. The entry to record this transact

ion would be:
Business
1 answer:
dsp733 years ago
5 0

Answer:

Date  Account Titles and Explanation          Debit        Credit

          Cash                                                    $27,500

                Common stock                                                 $27,500

          (Being shares issued at cash price recorded)

Common stock = 2,500 shares * $11

Common stock = $27,500

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Answer:

See below

Explanation:

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Here, one of the cogent factors that determines whether a sale has taken place is if realization has been effected. Here, stock sold by Carol qualifies as a disposition while the decline in the value of stock sold by Dave does not qualify as disposition.

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Rita is a customer service representative who is working toward a resolution with an unhappy customer. She has already set the t
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When a country experiences capital flight, its net capital outflow, a. which is part of the demand for loanable funds, increases
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D

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3 years ago
What three factors that had a negative impact on the financial performances of unibic in its early years?
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Answer:

Price of unibic, preference for other glucose biscuits, and inadequate marketing and branding campaigns had a negative impact on the financial performances of unibic in its early years

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The three factors that negatively impacted the financial performances of unibic in its early years were as follows

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b) During those days, glucose biscuits were preferred as compared to bakery cookies of Unibic

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You decide to save a uniform amount at the end of each month for 12 months so you will have $1000 at the end of 1 yr. The bank w
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Answer:

$81.13

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3 years ago
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