Daffy duct, inc. issued 10,000 shares of $1 par value common stock at $10 per share. the journal entry to record this transaction includes a
a) 90,000 credit to additional paid in capital
b) 100,000 debit to cash
c) 10,000 credit to common stock

All of the above.

Explanation:

As for the details provided,

When shares are issued at a price more than the par value, then the difference between the issue price and par value is credited to the additional paid in capital account.

= ($10 - $1) 10,000 = $90,000

Further, the cash account is debited as it is increased with the total amount received that is issue price.

= $10 10,000 = $100,000

Also, the par value of common equity is credited in the common stock as that is the value belonging to share, other than additional capital.

= $1 10,000 = $10,000

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi