Reference no: EM132841447
Problem 1: The appropriate journal entry to record the issue of 1,000 shares of $1 par-value common stock, which is issued for $4 per share would be:
Select one:
a. DEBIT: Cash, 4,000 / CREDIT: Common Stock, 4,000
b. DEBIT: Cash, 4,000 / CREDIT: Common Stock, 1,000 / CREDIT: Paid-in Capital in Excess of Par, 3,000
c. DEBIT: Cash, 4,000 / CREDIT: Common Stock, 1,000 / CREDIT: Retained Earnings, 3,000
d. DEBIT: Cash, 1,000 / DEBIT: Paid-in Capital in Excess of Par, 3,000 / CREDIT: Common Stock, 4,000
Problem 2: On June 1, Surge Corporation issued $100,000 of 9%, 5-year bonds. The bonds are dated June 1, 2011. The bonds were issued at 96, and pay interest on December 1 and June 1. The entry to record issuance of the bonds is:
Select one:
a. DEBIT: Cash, 100,000 / CREDIT: Bonds Payable, 100,000
b. DEBIT: Cash, 96,000 / DEBIT: Discount on Bonds Payable, 4,000 / CREDIT: Bonds Payable, 100,000
c. DEBIT: Cash, 104,000 / CREDIT: Bond Interest Payable, 4,000 / CREDIT: Bonds Payable, 100,000
d. DEBIT: Cash, 96,000 / DEBIT: Bond Interest Expense, 4,000 / CREDIT: Bonds Payable, 100,000
|
Discuss deviant workplace behavior
: Discuss deviant workplace behavior? How is deviant workplace behavior influenced by the group to which the individual belongs?
|
|
Create a five-day english language arts unit plan
: Using the "Unit Plan Vision Template," create a five-day English language arts unit plan for your field experience classroom that incorporates creative arts.
|
|
Key decision-maker report
: Determine the risks to the consultant in this situation. Explain how you would use emotional intelligence to manage this situation.
|
|
Explain nature of operations management in organization
: 1) Describe the nature of operations management in the organization. In doing this, first, describe the operation process of the production system.
|
|
What is entry to record issuance of the bonds for surge corp
: The bonds are dated June 1, 2011. The bonds were issued at 96, and pay interest on December 1 and June 1. The entry to record issuance of the bonds is?
|
|
How much is Dreamworlds capitalized interest
: Dreamworld Company had 5,000,000 in 12% bonds outstanding through both years. How much is Dreamworld's capitalized interest in 2019 and 2020
|
|
How will you ensure you teach vocabulary explicitly
: Vocabulary is an important part of English language arts instruction. When planning your English language arts unit, how will you ensure you teach vocabulary.
|
|
Make a flowchart of all the companies involved in producing
: Make a flowchart of all the companies involved in producing, shipping, and transporting an Apple iPhone from the manufacturer to a Future Shop store in Canada.
|
|
What amount should be deposited in a bank today to grow
: The present value factor at 8% for one period is 0.92593, What amount should be deposited in a bank today to grow to $100 three years from now?
|