User Account

All Pages

Record the issuance of the stock

Assignment Help Accounting Basics
Reference no: EM13145739

The Harvester Corporation issued 40 shares of $20 par value stock to its accountant. The shares are in full payment for her $900 fee for assistance in setting up the new company. The entry to record the issuance of the stock would include a:

Reference no: EM13145739

Questions Cloud

What are satellite colonies : What are satellite colonies? Why can satellite colonies be formed? If you use an antibiotics such as tetracycline, will you even get satellite colonies and why?
How many minutes does it take for the concentration : A certain first-order reaction (products) has a rate constant of 6.90×10-3 s^{-1} at 45 C. How many minutes does it take for the concentration of the reactant, [A], to drop to 6.25% of the original concentration?
What signs and symptoms would be identified : A 3-year-old child is admitted with primary nephrotic syndrome. What signs and symptoms would be identified? What are the mechanisms behind these manifestations? What is the primary treatment for this syndrome and why?
Probability that selected student does not have credit card : Find the probility that a randomly selected student has neigther credit card. Find the probability that a randomly selected student has a Mastercard or a Visa or both.
Record the issuance of the stock : The Harvester Corporation issued 40 shares of $20 par value stock to its accountant. The shares are in full payment for her $900 fee for assistance in setting up the new company. The entry to record the issuance of the stock would include a:
What are the mechanisms behind these manifestations : Ms. Cornwall is admitted with pyelonephritis. She has chills and her temperature is 101° F. She is complaining of flank pain, frequency, and dysuria. Her urine has white blood cell casts and her urine culture is growing E. coli. Why does she have ..
Appropriate entry in the general fund : The retail value of each computer is $3,000. Assuming that the District maintains its books and records in a manner that facilitates the preparation of the fund financial statements, what is the appropriate entry in the General Fund to record this..
Research argumentative essay and nuclear energy : I have to write a research argumentative essay for tomorrow about 5 pages and I decided to write about nuclear energy. I need some important positive points about nuclear energy and If you can some cited pages.
Transactions related to the common stock : Record all of the transactions related to the common stock of LifePath Fitness during the years 2009 and 2010.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How do the transactions in the divorce agreement affect

Arnold and Barbara Cane were divorced in June 2011. Pursuant to the divorce decree, Arnold is obliged to perform as follows.

  Sketch a job-cost record

Western State University uses job-cost records for various research projects. A major reason for such records is to justify requests for reimbursement of costs on projects sponsored by the federal government.

  Project down into manageable pieces

What breaks a project down into manageable pieces, or items, to help ensure that all of the work elements needed to complete the project work scope are identified?

  Effect of transactions on assets-liabilities and net income

For each of the following transactions or adjustments, indicate the effect of the transaction or adjustment on assets, liabilities, and net income by entering for each account affected the account name and amount and indicating whether it is an ad..

  Amount of cash required to fund cash dividend

Gannon, Inc., had 100,000 shares of common stock outstanding. During the current year, the company distributed a 10 percent stock dividend and subsequently paid a $.50 per share cash dividend Calculate the number of shares outstanding at the time ..

  How are inventory losses disclosed on the income statement

At 12/31/12, the end of Jenner Company's first year of business, inventory was $4,100 and $2,800 at cost and market, respectively. Following is data relative to the 12/31/13 inventory of Jenner.

  Bond issue at the time of sale problem

The bonds were quoted at 94 and pay interest quarterly on September 30th and December 31st. What were the total proceeds of the bond issue at the time of sale?

  What is material from the point of view of a bank

The concept of materiality is important in the context of auditing. Materiality is a function of the time, the situation, and the people involved. What is material from the point of view of a bank that lends money to the firm?

  Essay question international relations handout

How has the 2007-09 Global Financial Crisis affected the procedures of global economic governance?

  Journal entry to record the sales portion

MixRecording Studios purchased $7,800 in electronic components from TechCom. MixRecording Studios signed a 60-day, 10% promissory note for $7,800. TechCom's journal entry to record the sales portion of the transaction is:

  Distribution to the preferred stockholders

Preferred dividends have been paid every year except for the preceding two years and the current year. If $145,000 is to be distributed as a dividend for the current year, what total amount will be distributed to the preferred stockholders?

  Which costing method should she present

Stacy Ann Lynn, the great grand-daughter of the company's founder is the current CEO/President of the company, which is still a family owned business.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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