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
svetlana [45]
3 years ago
7

Preferred stock: 8 percent, par $10, authorized 20,000 shares. Common stock: par $1, authorized 50,000 shares. The following tra

nsactions occurred during the first year of operations in the order given: a. Issued a total of 45,000 shares of the common stock for $20 per share. b. Issued 12,000 shares of the preferred stock at $21 per share. c. Issued 3,500 shares of the common stock at $25 per share and 1,200 shares of the preferred stock at $21. d. Net income for the first year was $53,000.
Business
1 answer:
Zolol [24]3 years ago
7 0

Answer:

Required:

Prepare the stockholders’ equity section of the balance sheet at December 31.

Explanation:

check the file attached for the  balance sheet at December 31.

Download docx
You might be interested in
A group of people who holds a direct stake in the firm is known asa.primary social stakeholders.b.secondary social stakeholders.
cestrela7 [59]

Answer:

A. Primary Social Stakeholders

Explanation:

Primary social stakeholders are people directly benefiting from or affected by a particular business activity, which can be distribution of a product or a change to a service agreement, this people have a direct stake in the firm i.e. customers, employees, stockholders, creditors, suppliers, or anyone else with a financial interest in the product or situation of the firm.

7 0
3 years ago
Read 2 more answers
What is a major plan that organizes several other plans?
Eva8 [605]
I think it’s D I’m not sure
5 0
2 years ago
Corporate Triple-A bond interest rates for 12 consecutive months are as follows: DATAfile TripleABond Using the Excel Forecastin
vlada-n [284]

Answer:

a.Plot 1

b. Please see attachment

c. forecast = 9.5

Explanation:

Please see attachment

3 0
3 years ago
A firm that is committed to keeping manufacturing facilities in only the home country (and not developing multiple production si
Mnenie [13.5K]

Answer:

lessen the effect of exchange rate changes by sourcing from where input costs are low

Explanation:

4 0
3 years ago
19. Which of the following is the basic purpose of a company's promotional mix:
aksik [14]

Answer:

B. To influence consumers to purchase

Explanation:

8 0
2 years ago
Other questions:
  • Randy Rouser completes landscaping work on Nina Tothill’s yard, and Nina writes a $1,750 check from her account at Small Bank. T
    9·1 answer
  • Ray Steen recently started a business. During the first few days of operation, Mr. Steen transferred $100,000 from his personal
    13·1 answer
  • Xavier opens up a lemonade stand for two hours. He spends $10 for ingredients and sells $60 worth of lemonade. In the same two h
    14·2 answers
  • Google ads was designed to deliver three things to every advertiser_______.
    10·1 answer
  • Compute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 sale c
    7·1 answer
  • A process in which a third party reviews a case made by two sides of a negotiation is called ________.
    15·2 answers
  • The actual information pertains to the third quarter. As part of the budgeting​ process, the Duck Decoy Department of Paralith I
    8·1 answer
  • The staffing system components model says that the phases of the staffing process occur in which order after the initial interac
    14·1 answer
  • Finance professionals make decisions that fall into three distinctive areas: corporate finance, capital markets, and investments
    12·1 answer
  • Margaret invested $75,000
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!