subject
Business, 25.02.2020 00:45 ninaaforever

On March 14, Apple Corporation purchased 6,000 shares of Pear Inc. for $25 per share plus a $340 brokerage fee. On June 30, when the shares were trading at $27, Apple prepared an adjustment to fair value and recorded the annual dividend of $0.40 per share. On August 14, Apple sold 4,000 shares of Pear for $29 per share less a brokerage fee of $225. The journal entry at the date of sale would include

a) a debit to cash for $115,775.
b) a debit to cash for $108,000.
c) a credit to investments for $100,000.
d) a credit to gain on the sale of investments for $8,000.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 01:00
Azster inc. recorded sales revenue for the year that ended december 31, 2014 as $67,000. interest revenue of $5,300 and expenses of $14,000 were also recorded for the same period. what is aster’s net profit or loss?
Answers: 3
question
Business, 22.06.2019 02:30
Based on the supply and demand theory, why do medical doctors earn higher wages than child-care workers?
Answers: 1
question
Business, 22.06.2019 13:00
The green revolution is a scientific breakthrough that improved seeds for basic crops. how did the green revolution impact the supply of basic crops such as wheat and corn? the supply of wheat and corn increased. there was no impact on the supply of basic crops. the supply of basic crops did not change, but the quantity supplied of basic crops increased. the supply of wheat and corn decreased.
Answers: 3
question
Business, 22.06.2019 19:30
John's pizzeria and equilibrium john is selling his pizza for $6 per slice in an area of high demand. however, customers are not buying his pizza. using what you learned about the principles of equilibrium, write three to four sentences about how john could solve his problem.
Answers: 1
You know the right answer?
On March 14, Apple Corporation purchased 6,000 shares of Pear Inc. for $25 per share plus a $340 bro...
Questions
question
Mathematics, 03.03.2021 06:00
question
Mathematics, 03.03.2021 06:00