Journalize the transaction given below

Assignment Help Financial Management
Reference no: EM132379393

Question

On February 1 of the current year, Moto, Inc. Issued 800 shares of $5 par common stock to an attorney in return for preparing and filling the articles of incorporation. The value of the services is 8,500.

Journalize this transaction

Reference no: EM132379393

Questions Cloud

Explore the world diversity regarding women social roles : Social conditions for women vary from across the globe. Examples include policies, expectations and laws regarding marriage and divorce, inheritance, driving.
Evaluate issues in the current environment : Savannah Engineering, Inspection and Insurance Company's (SEIIC's) primary recruiting need is for engineering and technical personnel. Over that last two.
Journalize the entries required on each date : The dates of importance in connection with a cash dividend of $70,000 on a corporation's common stock are January 15 and March 15.
Capstone project question - integrate the resources : Capstone Project assignment help and solutions, assessment help - Cite the four resources you have chosen to synthesize and integrate into a narrative.
Journalize the transaction given below : On February 1 of the current year, Moto, Inc. Issued 800 shares of $5 par common stock to an attorney in return for preparing and filling the articles.
Estimate the benefits from a training program : Discuss how you would estimate the benefits from a training program designed to teach employees how to use the World Wide Web to monitor stock prices.
Common stockholders should receive dividends of what amount : Grouper Corp. had $100,000 of 7%, $20 par value preferred stock and 12,000 shares of $25 par value common stock outstanding throughout 2017.
Why are employees needs and relationship : Why are employees needs and relationship the leading factor that needs to be considered in the business?
Prepare the journal entry to record the issuance : Wildhorse Corporation issued 398 shares of $10 par value common stock and 120 shares of $50 par value preferred stock for a lump sum of $16,884.

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd