Shannon Corporation issues common stock for $25,000. Recording this transaction will include a:______.

Answers

Answer 1

Answer:

the complete journal entry for this transaction will be:

Date, issuance of common stocks

Dr Cash 25,000

    Cr Common stock 25,000

If the par value of the stocks was lower than $25,000, for e.g. $15,000, instead of crediting only common stock account, you would need to credit both common stock (for $15,000) and additional paid in capital account (for $10,000).


Related Questions

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What was the stamp act?
Don't Spam!​

Answers

The stamp act is what happened after a war so that The british could pay off there debt

Commercial hotels are usually in downtown or _____________ districts.

Answers

The answer is Business Districts

Answer:

buisness

Explanation:

Burr Publishers purchased a building on March 20, 20Y1, for $160,000. Other amounts related to this purchase are as follows:
Price listed by seller on Jan. 1, 20X1, $180,000
Burr Publishers’ initial offer to buy on Jan. 31, 20X1, $140,000
Purchase price on Mar. 20, 20X1, $160,000
Estimated selling price on Dec. 31, 20X3, $220,000
Assessed value for property taxes, Dec. 31, 20X3, $190,000
1. Which amount related to this purchase should be recorded in the accounting records?
a. 220,000.
b. 180,000.
c. 140,000.
d. 160,000.
2. The resources owned by a business are its _____.
a. liabilities.
b. owner's equity.
c. assets.
d. none of these choices are correct.
3. The rights and claims of creditors on a company's assets are represented by _____.
a. liabilities.
b. owner's equity.
c. assets.
d. none of these choices are correct.
4. Which element of the accounting equation represents the rights of owners?
a. liabilities.
b. owner's equity.
c. assets.
d. none of these choices are correct.

Answers

Answer:

1. Which amount related to this purchase should be recorded in the accounting records?

d. 160,000.

According to the historical cost principle, assets must be recorded at their original purchase price, only accumulated depreciation can adjust their value.

2. The resources owned by a business are its _____.

c. assets.

Assets are all the resources a business uses to carry out their normal business activities and operations.

3. The rights and claims of creditors on a company's assets are represented by _____.

a. liabilities.

Liabilities represent all the debts that a company has.

4. Which element of the accounting equation represents the rights of owners?

b. owner's equity.

Equity refers to the part of a company owned by its stockholders or owners. A company can finance itself through all equity, or it can have a mixed financing structure with equity and debt (liabilities). The investment made by the owners of a company is represented by the equity part of the balance sheet.

Identify the career that matches the description. Develops new processes to improve crops and harvests: Creates decorative flower arrangements: Plants, grows, and harvests crops: Supervises workers who grow and harvest plants for individual customers: Maintains lawns, gardens, and parks:

Answers

Answer:

Identify the career that matches the description.

Develops new processes to improve crops and harvests:

✔ Soil or Plant Scientist

Creates decorative flower arrangements:

✔ Floral Designer

Plants, grows, and harvests crops:

✔ Farmworker or Laborer, Crop

Supervises workers who grow and harvest plants for individual customers:

✔ Nursery or Greenhouse Manager

Maintains lawns, gardens, and parks:

✔ Landscaping or Groundskeeping Worker

Explanation:

Edge 2021

Identify the career that matches the description:

Develops new processes to improve crops and harvests:Soil or Plant Scientist.

Creates decorative flower arrangements:Floral Designer.

Plants, grows, and harvests crops:Farmworker or Laborer, Crop.

Supervises workers who grow and harvest plants for individual customers:Nursery or Greenhouse Manager.

Maintains lawns, gardens, and parks:Landscaping or Groundskeeping Worker.

How do you maintain the landscape?Inspect your trees and shrubs.Test your soil. Fertilize your lawn. Fertilize trees and Shrubs, too. Control Weeds.Make planting beds neat and tidy.Add an inch-thick layer of fresh mulch in plant beds and around trees. Inspect your irrigation system.

Why landscape maintenance is important?Failing to maintain your landscape leads to plants and trees that are less resilient and more prone to diseases and vitality loss. Regular landscape maintenance keeps your plants healthy by ridding them of diseases and pests and saves you time and money by preventing irreparable damage.

What means landscape management?Landscape management is the care of land to ensure that landscapes can fulfil needs and aspirations in an effective and sustainable manner for present and future communities of users.

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A dometic firm may decide to contract for the production of its goods by established foreign manufacturer. Such pricate-label manufacturing by a foreign company is called

Answers

Answer:

Contract manufacturing.

Explanation:

A domestic firm may decide to contract for the production of its goods by established foreign manufacturer. Such private-label manufacturing by a foreign company is called contract manufacturing.

Contract manufacturing involves the process of outsourcing a company's manufacturing business, such that a foreign company engages in the production of a private-label product which are then primarily marketed or distributed by a domestic company under its own brand name.

This ultimately implies that, it is a manufacturing process which involves the production of goods by a company under the brand name of another company.

Western deli pays its couriers straight time for 36 hours per week and double time for any horus more than 36 worked last week kevin alvarez worked a total of 42 hours and had total pay of 545.28 what is his straight time pay

Answers

Answer:

Western Deli

Kevin Alvarez's straight time pay = $408.96

Explanation:

Data and Calculations:

Straight time = 36 hours per week

Overtime hours worked = 6 hours

Total hours worked = 42 hours

Total pay for the week = $545.28

Rate of pay:

Straight time  =  Hourly rate

Overtime = Hourly rate x 2

Total hours paid = Straight time + 2 of Overtime = 36 + 12 = 48 hours

Hourly rate = $545.28/48 = $11.36

Therefore, Straight time pay = 36 x $11.36 = $408.96

When a calendar is made public, then anybody with the calendar's URL can: A. Modify the calendar. B. Delete the calendar. C. Change the calendar. D.View the calendar. E. Edit the calendar.

Answers

Answer:

edit

Explanation:

Hank earns per hour with timeandahalf for hours in excess of per week. He worked hours at his job during the first week of March 2018. Hank pays income taxes at ​% and ​% for OASDI and Medicare. All of his income is taxable under FICA. Determine​ Hank's net pay for the week.

Answers

Answer:

$1,021.02

Explanation:

Calculation for Hank's net pay for the week

Straight Time Pay $960

(40 × $24)

Overtime pay 360

(10 × $24× 1.5)

Less Federal Income tax (198)

[(960+360)×15%]

=1,122

OASDI and Medicare 100.98

(7.65% × $1,320)

Net Pay $1,021.02

(1.122-100.98)

Therefore Hank's net pay for the week will be $1,021.02

Ess Information Management (BIM) I

Which object tells Word that a formula is being entered into a cell?

O equations

O arguments

O equal sign

O formula mask

Answers

Answer:

O equal sign

Explanation:

The equal sign in the Excel spreadsheet application notifies the program that a formula is about to be entered. For example, to perform a summation by typing into a cell, failing to put the equal sign before sum {= sum} would result in an error.  Notice this difference in the attachment.

In economics, the term productivity refers to:
A. a graph that shows the relationships between a number of
different resources.
B. the amount of output compared to the input needed to create
something
C. money invested in a business to promote its success in the future.
D. the amount of growth a businestly demonstrates over a long period.

Answers

Answer: it’s the amount of output compared to the input needed to create something

Explanation:

just took the test

In economics, the term productivity refers to the amount of output compared to the input needed to create something. Thus option (B) is correct.

What is productivity?

Productivity refers to the efficiency with which resources (such as labor, capital, and materials) are used to produce goods and services. It is a measure of the amount of output produced per unit of input used.

The productivity is an important economic concept because it helps to determine the level of output that can be produced from a given set of resources.

The higher productivity can lead to greater output, which in turn can lead to increased economic growth and prosperity.

In economics, the term productivity refers to the amount of output compared to the input needed to create something. Therefore, option (B) is correct.

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During a decline in the economy, a limited number of jobs will motivate a growing number of to start new businesses.

Answers

Answer: Experienced but unemployed people

Explanation: In times of economic slowdown such as a recession, the rate of employment goes up.  Many qualified workers seeking employment will not be hired.  Experienced workers lose their jobs as a result of a decline in production.

The experienced worker who fails in securing new jobs ends up starting their businesses. These experienced workers already have knowledge on how to run a business, and would probably have some saving. With their qualification and experience, managing a new business is not very challenging for them.

The 2008 financial crises resulted in the establishment of many new startup businesses.

Answer:

Entrepreneurs

Explanation:

i hope this helps ! <3

Hours of labor or number of workers are common ways of measuring a company’s

Answers

Answer:

It is productivity

Explanation:

Varion Air offers its customers a complementary air ticket on the purchase of three business class tickets. Varion Air's strategy best represents the ____ element of its marketing mix.
place
promotion
price
product

Answers

answer is: promotion

The Varion Air offers its customers a complementary air ticket on the purchase of three business class tickets. Varioun Air's strategy best represents the promotion element of its marketing mix.

What is strategy?

An organization's long-term objectives and the plan it has to achieve them are referred to as its strategy. In other words, it demonstrates the strategy for achieving the stated goal.

Advertising, sales promotion, and public relations, three of the five promotional factors, are frequently cited as using mass selling. Mass selling is the promotional strategy that contacts large groups of potential customers

Therefore, Thus option (B) is correct.

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Carrie is creating a personal balance sheet. The heading includes the period of time that the balance sheet represents. Which could be the header of Carrie's balance sheet?

Answers

Answer:

The answer is Carrie's Balance Sheet (January 2013)

Explanation:

It is titled Carrie's Balance sheet and it shows the date in the title, it is the only one with a specific month compared to a longer period of time.

Answer:Carrie’s Balance Sheet (January 1, 2021)

Explanation: Got it correct on edge.

A business student is preparing for the Graduate Management Admission Test (GMAT) so he can get into a good graduate business school. He knows that any money he spends on a tutor will be worthwhile if he can improve his scores. He's heard that there is a great tutor in his local community but has no idea who she is. Marketing does not occur in this situation because

Answers

Answer:

For the parties to connect, there seems to be no way.

Explanation:

Marketing should be about fulfilling the expectations and wishes of consumers, generating demand, influencing different players, requiring interaction that can be carried out by the other groups and individuals.

For marketing, this same four components needed are:

Two or maybe more parties to expectations that are unmet. An appetite and capacity to be fulfilled on their part. A means enough for parties to connect. To share everything.

And according to the format prescribed throughout the problem, the business student realized he wanted a tutor for his performance to be enhanced. He discovered that throughout his local neighborhood, a wonderful teacher is readily accessible but uncertain of her identification to express it. He can interact with her towards his tuitions across multiple channels as she contributes to something like the surrounding community.

Answer:

.                                                       .

Explanation:

four degrees of competition

Answers

Answer:

There are four types of competition in a free market system:

perfect competitionmonopolistic competitionoligopolymonopoly

Under monopolistic competition, many sellers offer differentiated products—products that differ slightly but serve similar purposes.

Hope this helps :)

An increase in demand means that quantity demanded is higher at each price level. True or false

Answers

Answer:True

Explanation:

4) Tye-Dye Sports manufactures custom long boards and has fixed costs of $945.00 per week and total costs of $8070.00 if the weekly output is 15 boards.a) Write the equation for the cost function, C(x). x is the number of long boards.b) If the boards sell for $546.00 a piece, write the equation for the revenue function, R(x).c) Write the profit function, P(x).d) How many long boards will the company need to manufacture and sell each week to break even?

Answers

Answer:

Tye-Dye Sports

a) Cost function, C(x) = $475x + $945 = $8,070

b) Revenue function, R(x) = $546x

c) Profit function, P(x) = R(x) - C(x)

d) To break-even, Fixed cost/Contribution per unit

= 13.3 or 14

Explanation:

a) Data and Calculations:

Fixed costs = $945 per week

Total costs = $8,070 per week

Production units = 15 boards per week

Variable costs = Total costs minus fixed costs

= $7,125 ($8,070 - 945)

Variable cost per unit = $7,125/15 = $475

Cost function, C(x) = $475x + $945 = $8,070

Revenue function, R(x) = $546x

Profit function, P(x) = R(x) - C(x)

= $546x - ($475x + $945)

Contribution per unit = $546 - $475 = $71

To break-even, Fixed cost/Contribution per unit

= $945/$71 = 13.3 or 14

how can you make money at 13 years old.​

Answers

You can clean peoples trash cans and recycling bins in you’re neighborhood. I do this and I’m 16. It’s super easy and you make so much, I charge 20 bucks for both bins and sometimes if ppl are nice, they’ll tip u extra ;). This is super creative and shows a lot about you to others in the neighborhood. All there is to it is spraying the hose in the bin with some dish soap, using some disinfectant spray on the inside, and using a fresh center spray in the bin to make it smell good :) people love this!!

Answer:

Start a online business, sell your old stuff, make money off your own talents if you have a talent. For example: if you like to paint or make jewlery, sell them on etsy or ebay. Make money by babysitting, walking a dog, chores. Sell feet pictures on omegle or kik (some ppl have foot fetishes, i know a friend who made hundreds a month for selling her foot pics).

Explanation:

Levi has always wanted to be a lawyer, but the top career cluster for him, according to his personal assessment, is the Arts, A/V Technology, and Communications cluster. What would be a mistake for Levi after taking the personal assessment? giving up on being a lawyer researching the Arts, A/V Technology, and Communications career cluster talking about the test with a school counselor researching the Law career cluster

Answers

Answer:

A) Giving up on being a lawyer

Explanation:

Just because some test told Levi he was good at the Arts, A/V Technology and communications cluster. Doesn't mean it he has to give up on his goal.

Answer:

A. giving up on being a lawyer

Explanation:

Edge 2021

A good definition of the term Marketing

Answers

the action/business of promoting and selling products/services, including market research and advertisement

Answer:

Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.

Explanation:

All of the following are examples of results of unethical business actions except:
a. Recruitment and retention problems.
b. Lower employee salaries.
C. Negative employee relations.
d. Poor company reputation.

Answers

Answer: A

Explanation:
It’s A : recruitment and retention

who ever can make me laugh will 100.00 dollars in cash

Answers

Q: what do you say when you're going to drunk dial someone

A: Al-chol you

Answer:

What did one hat say to the other?

You stay here. I’ll go on ahead.

Explanation:

What is an Individual Asynchronous Communicator? And provide 2 examples of people who are like that

Answers

Answer:

asynchronous communication is when you send a message without expecting an immediate response. For example, you send an email. I open and respond to the email several hours later. You can choose anyone you know for the example of people who are like that part. <3

Explanation:

What are the three main decision-making types discussed in the article? (Site 1)

Answers

Answer:

1. Certain

2. Risk

3. Uncertainty

Explanation:

Answer:

1. Certain

2. Risk

3. Uncertainty

Explanation:

edg2021

Which of the following resources is sustainable? Coal Petroleum Natural gas Sunlight

Answers

The resource that is sustainable is Sunlight

Complete the sentence. As _____ increases, specialization increases as well


.A.division of laborB.physical capitalC.opportunity costD.voluntary exchange

Answers

Answer:

B. Division of labor

Explanation:

ap*x

From the given question the correct answer is option A

Division of labor

As a division of labor increases specialization increases as well.

This supports help to grow as a specialization of labor, for example, allows workers to perfect one task rather than focus on many.

When As workers become more adept at a specialized task, also they become more efficient, and also production increases.

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Amanda Roberts works a Monday Through Friday work week at a rate of 8.75$ per hour. She takes a 1 hour lunch break. If she clocks in each day at 8:45 am and leaves at 5:15 pm what is her total pay for the week?

Answers

She works 8 hour and 30 minutes a day - 1hr of lunch break is 7hrs and 30 min

7hrs =$61.25
30min =$4.375
$61.25 + $4.375 =$65.625
62.625(money made in one day) x 7 days a week = $459.375
Answer $459.375

Look up the following words. Give the etymology of each. State what kind of term, such as mathematical, scientific, political science, history, etc. Include the name of the dictionary consulted as well as the publisher and publishing date.

ideological:
constructivist:
Marxist:
Vector:
axiomatic:
azimuth:
matrix:
hypothesis:
theory:
phenomena:

Answers

Answer:

1). Ideological: Greek origin, meaning a form. It is largely employed in historical context.

2). Constructivist: Russian, derived from the word 'konstruktivizm' meaning to reference to an abstract art movement. It is used in both political and historical disciplines.

3). Marxist: The word Marxist is used to denote a firm follower of the principles and teachings of Karl Marx. The word is commonly employed in social sciences.

4). Vector: Latin origin, the word gives the meaning convey. It is used in mathematics.

5). Axiomatic: Greek origin, meaning of 'self-evident' or 'thought to be fitting.' The word is used in mathematics.

6). Azimuth: Arabic origin using the word 'meaning , and samt, direction.' It is employed in science and geography for describing the celestial or heavenly bodies.

7). Matrix: Latin origin, meaning 'a breeding mother.' The term is commonly employed in both science and mathematics.

8). Hypothesis: Greek origin, formed with words 'Hupo'(means under) and 'thesis'(means placing). This is used in science to check the validity of a truth.

9). Theory: It comes from Greek word Theoria, stands for 'speculation or contemplation' It is used in science, mathematics, and other disciplines as well.

10). Phenomena: Derived from 'Phasinomenon', a Greek word , which stands for 'things appearing to view.' The word is most likely used in science to detail natural occurrences.

Douglas Harper's 'Online Etymological dictionary', 2000.

Pilot Company pays for two years of rent in advance. Recording this transaction would include a debit to:______.

Answers

Answer:

prepaid rent

Explanation:

From the question we were informed about how a Pilot Company pays for two years of rent in advance.

Incase of Recording this transaction, it would include a debit to prepaid rent

debit to prepaid rent is one of the journal entry for prepaid rent, and a prepaid rent is usually pen down as asset and it gives the rent expenses in future time , since the Pilot Company pays for two years of rent in advance,debit to prepaid rent must be included when recording the transaction.

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It was the group of colonists who supported independence from Britain. Find the equation of the line with the following properties slope does not exist and theline passes through (-5,-2). Compounds are the smallest unit of an element that occurs most commonly in nature. Select the rewording of the statement that is true.A.) Molecules are the smallest unit of an element or compound that commonly occur in nature.B.) Atoms are the smallest unit of an element that commonly occur in nature.C.) Molecules are the smallest unit of a compound that occurs on the periodic table.D.) Compounds are the smallest unit of an element that occurs on the periodic table. two modern-day rivers which used to be one river For the pair of functions, find (f g)(x) and (gof)(x).f(x) = -2x2 g(x) = x + 4A. (g)(x) = -283 - 8x?: (gof)(x) = -2x3 - 8x2B. (f 9)(x) = -2x2 16x - 32; (gof)(x) = -2x2 + 4C. (og)(x) = -2x2 + 4; (g - f)(x) = -2x2 16x - 32D. (fog)(x) = -2x2 32; (g - )(x) = -2x2 + 4 -1+2z-z^2 Terms: ? Coefficients: ? the constant term is: ? Hormones in the bloodstream are what What is the most basic reason Christians began to build church buildings, or have them built? A. They needed a public place of worship B. The government required it C. They needed shelter D. They wanted to show the importance of Christianity Which of the following best describes a difference between enslaved people in cities and those on plantations in the1800s?Enslaved people in cities were not considered to be property, while enslaved people on plantations were thoughtof as propertyEnslaved people in cities often kept some of their wages, while enslaved people on plantations never saw any ofthe money they made for their owners.Enslaved people on plantations could learn a trade or a skill, while enslaved people in cities were thought of asunskilled labor.Enslaved people on plantations did less manual labor, while enslaved people in cities spent many more hoursdoing backbreaking work. What do ribosomes do? Marissa subtracted a negative number from a positive number. Her result was negative. Is that reasonable? Explain.This part is 4 u Anthony SOMEONE ANSWER ASAP PLEASE ! M is the midpoint ofJK. The coordinates of J are (6, 3) and the coordinates of Mare (-3, 4), find thecoordinates of K. Given the diagram below, what is the length of segment ef Which linear equation below represents the line that goes through the point (3.4) and has a slope of 2? It cost Hudson $28.20 to send 188 text messages. How much would it cost to send 63 text messages? PLZ HELP use public policy in a sentence Where does photosynthesis happen the fastest and the slowest? Which kind of context clue is used in the following sentence to indicate the meaning of inadequate?The printer had inadequate paper; there was not enough to print the whole report.restatementcomparisoncontrastexample Which type of muscle tissue is both voluntary and striated? O smooth o cardiac skeletal heart why road trasport is important than other means of transportation