A corporation issued 3,800 shares of its no par common stock at a cash price of $10 per share. The entry to record this transaction would be:

Answers

Answer 1

The entry to record this transaction would be:

Debit Cash $38,000

Credit Common stock $38,000

We know that cash is an asset hence debited because it decreases as it was used to pay for bills while common stock is credited because it increases shareholder's equity.

Therefore,

Cash account      Dr   $38,000

(3,800 shares × $10)

To

Common stock account Cr $38,000

Therefore, the corporation would record the transaction as ; Debit Cash $38,000  , Credit Common stock $38,000

Learn more about issue of shares in this link https://brainly.com/question/25562729


Related Questions

The salary at the new job is a(n). The benefits at the job are a(n). The job’s location is a(n). The potential for job satisfaction is a(n).

Answers

There are different kinds of employment benefits. The answers to the questions are;

The salary at the new job is an advantage The benefits at the job are an advantage The job's location is an advantageThe potential for job satisfaction is an advantage

There are different benefits from finding a good job. They include insurance in both medical, life, dental etc., vacation pay, holiday pay, maternity leave, bonuses etc.

Getting a good Job that has a good pay and very close to one's residence  is very  important as it will reduce your cost of spending.

See full question below

Keisha has received an offer for a job that pays a higher salary than her current job. It also offers health insurance for all the members of family. The new job is a distance from her home and will require a long commute, which will take her away from her family for many hours of the day. In addition, it provides the promise of advancement and future opportunities at that company. The salary at the new job is a(n) . The benefits at the job are a(n) . The job’s location is a(n) . The potential for job satisfaction is a(n) .

Learn more about Employment from

https://brainly.com/question/25609681

Answer:

The salary at the new job is a(n)

✔ advantage

.

The benefits at the job are a(n)

✔ advantage

.

The job’s location is a(n)

✔ disadvantage

.

The potential for job satisfaction is a(n)

✔ advantage

What is the GDP?
A.
The value of the products and services produced in a country
B.
The natural environment of a country
C.
The geographical location of a business
D.
The capitalist system used in the U.S.


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer:

the market value of all the final goods and services produced in a specific time period

Explanation:Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period

What is the annual cost attributed to the treatment of mental illnesses and the relative loss of income in the United States

Answers

There are indirect cost of mental illness in the world today. The annual cost attributed to the treatment of mental illnesses and the relative loss of income in the United States is $467 billion.

Mental illness is simply  known as mental health disorder. This is simply defined as large scope of mental health conditions. This disorders often influence one's mood, thinking and behavior.

The common Examples are depression, anxiety disorders, schizophrenia, eating disorders, etc.

There are over 43.8 million adults that experience mental illness in a given year as stated by research and as such demands a lot of money for treatments.

Learn more about mental illnesses from

https://brainly.com/question/983672

Some states and localities are drafting legislation to reduce the number of payday loans that a lender can provide within a year (for example, limiting them to no more than 6 loans in a year to an individual). Analyzing the data above, why might lenders be so opposed to such limits?

Answers

sixteen states and the district of columbia prohibit extremely high cost payday lending. states protect their citizens from usurious payday lending by prohibiting the product or by setting rate caps or usury limits. georgia prohibits payday loans under racketeering laws.

When a borrower takes out a payday loan, the term "payday" refers to the scenario in which they send a postdated cheque to the lender for their payday wage and the lender gives them some of that payday sum in cash right away.

What is the importance of loaning?

Loans are given out for a variety of purposes, such as large purchases, investments, renovations, debt consolidation, and company endeavors. Additionally, loans assist already-established businesses in growing. Through lending to new enterprises, loans promote economic growth by expanding the total amount of money in circulation.

With a payday loan, a lender will grant you high-interest credit based on your income. Payday loans are a sort of short-term borrowing. A percentage of your next paycheck serves as its principal in most cases. Payday loans provide high-interest rates for quick, short-term credit. They may also be referred to as cheque advance loans or cash advance loans.

Learn more about payday loans here:

https://brainly.com/question/3949419

#SPJ2

4. The three general categories of responsibilities of the financial manager are (1 point)
O cash-flow management, financial control, and financial planning.
O financial planning, accounting, and government tax reporting.
O government tax reporting, cash-flow management, and financial control.
O accounting, cash-flow management, and government tax reporting.

Answers

Answer:

A

Explanation:

A: Cash-flow management, financial control, and financial planning. Hopefully this helped

The three general categories of responsibilities of the financial manager are cash-flow management, financial control, and financial planning. Therefore option A is correct.

What is cash-flow management?

The act of tracking, evaluating, and maximizing the difference between cash receipts and cash outlays can be summed up as cash flow management for businesses. For any organization, net cash flow is a crucial indicator of financial health.

Poor cash flow management is one of the main causes of business failure. You have a cash flow issue if your business consistently spends more money than it brings in.

Developers frequently have cash flow issues in the extremely cyclical real estate development industry. Both the initial capital expenditure and continuous operational cash outflows for property development are sizable.

Therefore option A is correct.

To learn more about cash-flow management follow the link.

https://brainly.com/question/23287067

#SPJ6

7. A decrease in supply will result in which of the following?
A. Demand changes.
B. Supply changes.
C. Both demand and supply change.
D. Either demand or supply change (or both).

Answers

Explanation:

C. Both demand and supply change

Answer:

It can be both of the demand and supply change.

explanation of what’s happening

please help, due tonight

Answers

Answer:

what is this there is nothing to answer

Explanation:

how did consumerism help cause the great depression?

Answers

It helped keep smiles on peoples faces

2. Read the following data from Maria's personal monthly bank statement and answer the questions that follow:

Rent: $850

Groceries: $276.89

Public transportation: $45

Utilities: $135.24

Entertainment: $150.26

a. Enter Maria’s data into a spreadsheet program. Be sure to include proper headings.

b. Maria would like an efficient way to analyze how she spent her money this month. Using the spreadsheet program, create a bar graph representation of her monthly expenses. Briefly describe how you create the bar graph.

c. Based in the bar graph representation, what is one thing you would recommend to Maria in the future?

Answers

Answer:

I would recommend C for answer

what’s the bestselling movie soundtrack of all time?

Answers

Answer:

The Bodyguard is the bestselling movie soundtrack

which is the largest source of tax revenue in the united states?

Answers

Answer:

Individual income taxes.

Explanation:

This has been the largest single source of federal revenue since 1950.

Which of the following is a good example of inflation? OA. You get a flat tire on your car. OB. You work three jobs in order to pay your bills It cost you $50 to gas up your car this month. But last month it cost you OC. $85 It cost you $85 to gas up your car this month. But last month it only cost OD you S50​

Answers

Answer: C.) It cost you $85 to gas up your car this month but last month it only cost you $50

Explanation:

Working capital can be defined as

A. Current assets less current liabilities

B.Capital introduced by the proprietor

C.The capital put to use by the business

D.Capital created by work done

Answers

Answer:

A. current assets less current liabilities

I think this is answer

Explanation:

hope it help you

A __________ is an effort or strategy to achieve a goal or a solution to a problem that is not readily apparent. A. Concept B. Schema C. Subgoal D. Prototype.

Answers

Answer: A. Concept

Explanation: The correct option is A ( Concept ) as

* Option B has Schema which means it’s just a representation of a plan in a model form.

* Option C is not correct because Subgoal means a goal or target which needs to be achieved to complete a larger goal or target.

* Option D is also not correct because Prototype means something of the first or initial type which can develop into other forms or types in future.

So the correct option for the answer is “ A”

A concept serves as an effort or strategy to achieve a goal or a solution to a problem that is not readily apparent.

What is a concept?

Concepts can be regarded as abstract ideas. they do serves as the fundamental building blocks in which principle lies on.

It should be noted that it play important role in all aspects of cognition.

Therefore, concept is needed for thoughts and beliefs

Learn more at:

https://brainly.com/question/13162939

The President of PDQ Corporation buys PDQ shares in the open market. After holding them for 3 months fully paid, the President wishes to sell the shares. The shares can be sold:

Answers

There are different ways to share shares. The shares can be sold immediately.

In a sale of shares, a company's shareholders often sell the shares that is entitling ownership of the company to a specific buyer. In the transaction, all the rights and responsibilities that pertains to the ownership of shares are transferred to the buyer.

Note that as long as the 6-month holding period needed has fulfilled on the restricted shares, and therefore, when they are donated, the charity can sell the shares immediately. There is therefore no need for another 6-month holding period be taken again.

See full question below

The President of PDQ Corporation buys PDQ shares in the open market. After holding them for 3 months fully paid, the President wishes to sell the shares. The shares can be sold:

A. immediately

B. after holding the securities for an additional 3 months

C. after holding the securities for an additional 6 months

D. after holding the securities for an additional 1 year

Learn more about Shares from

https://brainly.com/question/25818989

true or false: Directors bring the unifying concept/vision to the production, guiding the rest of the creative team.

Answers

The correct answer is: True.

Directors bring the unifying concept/vision to the production, guiding the rest of the creative team. The given statement is true.

What is the goal of a creative director?

From conception to completion, overseeing the creative process. Convert marketing goals into distinct creative approaches. collaborate closely with cross-disciplinary project teams, especially those in IT. Lead and oversee the production of all marketing materials by the creative team.

The artistic director plans and directs the execution of a production's artistic vision and focus, and frequently the entire program presented by a theater. This role may be combined with that of the Chief Executive, depending on the size and management style of the theater.

Thus, the mentioned above given statement is true.

Learn more about a creative director here:

https://brainly.com/question/28297676

#SPJ2

Eva is 29 years old and has 2 children, ages 3 and 5. She makes $48,500 a year. Eva decides to buy a $400,000 10-year term policy and then renew the policy for another ten years afterwards. To renew the policy the insurance company charges an extra 40% to her premium rate. Given the options below, assess whether Eva made a wise decision. Annual life insurance premium (per 1,000 dollars of face value) for age 29. A 20-year term for male is 7 dollars and 84 cents, and for female is 6 dollars and 62 cents. 20-year term: for male is 10 dollars and 40 cents, female is 9 dollars and 4 cents. Whole life: male is 20 dollars and 5 cents and female is 18 dollars and 63 cents. A. Eva would have been better off selecting the 20-year term policy. B. Even with the extra charge for renewal, Eva’s plan is the least expensive. C. Given that Eva plans to renew, she should have selected the whole life policy. D. Eva ends up paying the same amount for each policy. Please select the best answer from the choices provided A B C D.

Answers

The best answer from the answer choices that were provided is that even with the extra charge for renewal, Eva's plan is the least expensive.

From the question, Eva is 29 and has two kids of 3 and 5. Her plan is to get the $400000 and renew it for another 10 years.

The renewal policy after 10 years is 40%, at the moment, her financial condition seems okay.

But given that the future can not be predicted and her kids are still growing, we are not sure what her finance may be like in 10 years time.

So we can agree with option B. This is a sensible decision.

Read more on https://brainly.com/question/16664218?referrer=searchResults

how supply and demand, scarcity, and economic measurement affect the legal form of business

Answers

Supply and Demand (Affects Pricing, Supply, and Income) - When a company provides large amounts of the product they are selling, the price tends to remain at a constant price. When a company begins to have too much of one product, they will usually lower the price to sell more of it. When a company begins to lack stocking the shelfs of their product, they will increase the prices so that they will not run out. When demand increases, prices might also increase because they are aware it is a chance to make profit. When demand decreases, the price decreases.

Scarcity - When a business faces scarcity, or the lack of stocking shelfs, the company could possibly lose income and in the future face serious economic issues. Most businesses that face scarcity, usually face bankruptcy within the next 7 years due to the slow or quick decrease in profit and supply. When businesses face scarcity, limits on the amount each household can purchase can be enforced and prices will increase dramatically. In 2021, there was a known 7% increase on prices of many food items.

Economic Measurement is explained throughout the two paragraphs.

br.uh its like 12:00 am for me.

Answers

Answer:

But for Me its 10:00 AM now

Anyways thnks for points!!!

What is the chief benefit to using a
Capitalistic economic system where
the government does not interfere
with the operation of the free market
(Supply & Demand)?
A. Society always maximizes its economic surplus and
opportunity.
B. A small percentage of the population takes control
of a large percentage of the available resources.
C. The most educated in society make the most
influential decisions.

Answers

Answer: A

Explanation: I had it

Primary demand is a desire for the ________ rather than for a ________; it is often the focus of marketing when there are few competitors with the same product. brand name; product category problem solution; product category product class; specific brand product concept; tangible product novelty; problem solution

Answers

Considering the market analysis, the Primary demand is a desire for the product class rather than for a specific brand; it is often the focus of marketing when there are few competitors with the same product.

What is Product Class?

Product class is a term used to describe products or commodities that are homogeneous or deemed as substitutes for each other.

On the other hand, a Specific brand is a product with unique features that makes it different and known compared to other products.

Hence, in this case, it is concluded that the correct answer is option C. "product class; specific brand."

Learn more about the Product class here: https://brainly.com/question/24445329

Employers will be evaluating your attitude and communication skills during an interview. Please select the best answer from the choices provided T F.

Answers

It is true that the employers will be evaluating the attitude and communication skills of the job applicant during an interview

Basically, an interview is conducted by the recruiting firm to assess the various skills, behavior of the job applicant.

The communication skills, qualifications, attitude, tone, cultures, norms are all assessed, even though the applicant might be unaware of them.

In conclusion, it is true that the employers will be evaluating the attitude and communication skills of the job applicant during an interview.

Learn more about Job interview:

brainly.com/question/14082634

Answer:

True

Explanation:

Employers will be evaluating your attitude and communication skills during n interview.

Edg 2022

________ is an organized movement of citizens and government agencies to improve the rights and power of buyers in relation to sellers.

Answers

Answer:

Consumerism: An organized movement of citizens and government agencies to improve the rights and power of buyers in relation to sellers.

Explanation:

hope you have a good day! God bless you and have a good day!

MERRY CHRISTMAS AND HAPPY NEW 2022 YEAR

Indicate whether each of the following is used in the calculation of the official poverty measure, the Supplemental Poverty Measure, or both. (2 points)
Official Poverty Measure
Supplemental Poverty Measure
Both
food costs
O
O
housing costs
o
O
o
utilities costs
o
O
о о
clothing costs
O
O

Answers

The Official Poverty Measure is used to estimate numbers of people unable to afford basic needs with little or no government assistance

The Supplemental Poverty Measure is used to measure the economic deprivation, that is, people having insufficient financial resources to achieve a specified standard of living.

The official poverty measure is based on cash resources while the Supplemental Poverty Measure is based on both cash and noncash benefits and subtracts necessary expenses.

The cost including food costs, housing costs, utilities costs and clothing costs are elements used in calculation of the Official poverty measure and Supplemental Poverty Measure.

Read more about Poverty measures:

brainly.com/question/3360099

Answer:

Clothing Costs: Supplemental Poverty Measure
Food costs: Both
Housing costs: Supplemental Poverty Measure
Ultilities cost: Supplemental Poverty Measure

Explanation:
I litterally made a brainly account just to give this answer you best believe its right

what should you do when planning for college?

Answers

Answer:

a way to get a large amout of money (legally) to pay off the debt

more money for a place to live

and even more money to get food and other impoartant things to live

Explanation:

an alternative to stocks, but school never taught you what stocks are, so now get more money to buy a phone so u can have basic knowlede

and illegal alternative is to sell something adictive like drugs, cigs. or start a casino or scam pp, for money, or rob a bank

Coin dealers, precious metals dealers, and some banks sell gold bullion in amounts ranging from _____ grams to 500 ounces or more.

Answers

Based on financial management, Coin dealers, precious metals dealers, and some banks sell gold bullion in amounts ranging from 5 grams to 500 ounces or more.

What is gold bullion?

Gold bullion is generally refined gold with an excellent standard of elemental purity. The current standard practice in selling gold bullion range from 5 grams to 500 ounces or more.

Example of Gold bullion

Some gold bullion made entirely of gold include the following:

BritanniaCanadian Maple LeafAmerican Buffalo, etc.

Hence, in this case, it is concluded that the correct answer is 5 grams.

Learn more about gold bullion here: https://brainly.com/question/19372930

________ costs refer to the sum of the fixed and variable costs for any given level of production. Target Break-even Total Value-based Marginal

Answers

Based on microeconomic theory, Total costs refer to the sum of the fixed and variable costs for any given level of production.

What makes Total Cost?

Generally, the total cost is the sum of all the price of the material utilized, the wages or salary paid in the production, and the direct expenditure.

Components of Total Cost

The components of Total Cost include the following:

Prime costFactory costOffice cost Cost of sales, etc.

Hence, in this case, it is concluded that the correct answer is "Total Cost."

Learn more about Total Cost here: https://brainly.com/question/25109150

John wants to apply for a loan, with a Present Annuity due value of $3,500,568. 78 from a bank that charges 14. 28 % interest per annum, compounded monthly. If he can only be able to pay back $43,367. 21 per annum at the beginning of each year, When will John fully pay all of his debt to the bank?.

Answers

Based on the present value of the loan and the relevant interest rate, the time it would take to pay off the debt is 21 years.

First convert the interest rate to a monthly rate:

= 14.28% / 12

= 1.19%

To find the number of months it would take, use the NPER function in Excel as shown in the attachment.

The Number of periods is therefore 252 months.

In years this is:

= 252 / 12

= 21 years

In conclusion, it would take 21 years to pay off.

Find out more on this at https://brainly.com/question/25792915.

What is a consumer product?

Answers

Answer:

sorry po talaga need po points

Answer:

Explanation:

Consumer goods are products bought for consumption by the average consumer. ... Clothing, food, and jewelry are all examples of consumer goods.

the document that states that the bank will pay a specified sum of money to a beneficiary, normally the exporter, on presentation of particular, specified documents is called the

Answers

The letter of credit is the financial document which tells that a bank will pay a specified sum of money to a beneficiary

Letter of credit is also called documentary credit or bankers commercial credit.

The financial document called "Letter of credit" is a a letter written by a financial institution which authorizing another institution to pay someone a sum of money.

This document is usually a mode of payment used for the importation of visible goods.

In conclusion, the document called "letter of credit" is the financial document which tells that a bank will pay a specified sum of money to a beneficiary

Read more about letter of credit

brainly.com/question/15837848

Other Questions
what is the best essay topic for me to do? if the federal reserve decided to include virtual money like bitcoins in its measure of the money supply, what would be the effect on m1 or m2? The scale of a map is known to be 1: 500 000. Find the actual distance (in km) between a mall and the bus interchange if the represented distance on the map is 3.2 cm. What is the final velocity of an object that starts from rest and travels for 5 seconds at an acceleration of 4.3 m/s2? One or more equations used to represent many common situations are ___________________. The soccer team provides 5 liters of water for the coaches and 1.25 liters of water for each player during practice. Which equation represents the total number of liters of water, w, based on the number of players, p? The volcano Izalco in El Salvador is a small, steep-sided volcano. What conclusions can be drawn about the characteristics of the lava that formed this volcano? What is the estimated difference between 7 6/115 13/15 ? To answer a question like "Cul es tu clase favorita?" would a reasonable answer be "Mi clase favorita es (school subject)"? And if not what would be a good answer? if f (x) =3(x+3)^2 - 10 then calcutlate f (2)pls answer todayyy i need help Who is the President of India ? ....... Which sentence has the most informal style?\ Dan is working as a family resources coordinator. Which of these statements are true about him?Dan is responsible for overseeing the administrative functions and daily operations of a childcare center. He also helps families with childrenwho have special needs to uphold the rights of the children. He assists daycare teachers in carrying out their everyday duties. He also helpsfamilies make use of early intervention services.ResetNextrights reserved ASAPPPP HELPPPP PLEASEEEE Please explain in your own words how in order to have a good job you dont need higher education please write a paragraph HELP FAST ANYONE OLEASE I HAVE LIKE 2 minutes too answer !! K minus 10 over 2 = -7 Which is the primary characteristic of all physical and digital sales channels?. A class of 30 students visits an art museum and a special exhibit while there.a. Use the Distributive Property to write and simplify an expression for the cost.b. Estimate a reasonable value for x. Explain.c. Use your estimate for x to evaluate both expressions in part (a). Are the values the same?PRICES: Museum ExhibitChild (under 5) Free FreeStudent $8 $xRegular $12 $4Senior $10 $3Answer quick!! ASAP help 50 points Please hurry