subject
Business, 06.05.2020 05:15 ugh788o02

Knorr issues 1,000 shares of $2 par value common stock for $10 per share. The journal entry to record this transaction will include which of the following?

A) Credit to Common stock $2,000
B) Credit to Common stock $10,000
C) Credit to Additional paid-in capital $8,000
D) Credit to Retained earnings $8,000

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 15:30
Marvin wrote a check of $58.25 for the water bill and $450 for rent. he also made a deposit of $124.16. how much is his new balance after writing the checks and making the deposit?
Answers: 3
question
Business, 22.06.2019 02:40
The following accounts are denominated in pesos as of december 31, 2015. for reporting purposes, these amounts need to be stated in u.s. dollars. for each balance, indicate the exchange rate that would be used if a translation is made under the current rate method. then, again for each account, provide the exchange rate that would be necessary if a remeasurement is being made using the temporal method. the company was started in 2000. the buildings were acquired in 2002 and the patents in 2003. (round your answers to 2 decimal places.) exchange rates for 1 peso are as follows: 2000 1 peso = $ 0.28 2002 1 = 0.26 2003 1 = 0.25 january 1, 2015 1 = 0.24 april 1, 2015 1 = 0.23 july 1, 2015 1 = 0.22 october 1, 2015 1 = 0.20 december 31, 2015 1 = 0.16 average for 2015 1 = 0.19
Answers: 3
question
Business, 22.06.2019 09:30
Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. question 1 options: true false
Answers: 1
question
Business, 22.06.2019 17:10
Storico co. just paid a dividend of $3.15 per share. the company will increase its dividend by 20 percent next year and then reduce its dividend growth rate by 5 percentage points per year until it reaches the industry average of 5 percent dividend growth, after which the company will keep a constant growth rate forever. if the required return on the company’s stock is 12 percent, what will a share of stock sell for today?
Answers: 1
You know the right answer?
Knorr issues 1,000 shares of $2 par value common stock for $10 per share. The journal entry to recor...
Questions
question
Mathematics, 01.12.2021 07:50
question
Mathematics, 01.12.2021 07:50
question
Mathematics, 01.12.2021 07:50
question
Mathematics, 01.12.2021 07:50
question
Mathematics, 01.12.2021 07:50
question
Mathematics, 01.12.2021 07:50