User Account

All Pages

What is the total amount invested

Assignment Help Accounting Basics
Reference no: EM131815151

Question - Entries for Issuing Par Stock

On January 14, Peerless Rocks Inc., a marble contractor, issued for cash 65,000 shares of $12 par common stock at $41, and on March 17, it issued for cash 150,000 shares of $4 par preferred stock at $8.

a. Journalize the entries for January 14 and March 17.

b. What is the total amount invested (total paid-in capital) by all stockholders as of March 17?

Reference no: EM131815151

Questions Cloud

What are demographic characteristics of your target market : What are the demographic characteristics of your target market and why are they important? What psychographic characteristics define your target market?
Joint probability for a modest success : What would be the joint probability for a 'modest success' and good preview given that in the past, it was found that 25% of all modest successes were rated.
Make financial statements including classified balance sheet : Preparing financial statements including a classified balance sheet in report form, preparing and posting closing entries, and preparing a post-closing.
Why is it important in stock valuation : What is a P/E ratio, and why is it important in stock valuation? Choose a company stock, and discuss its P/E ratio.
What is the total amount invested : Question - Entries for Issuing Par Stock. What is the total amount invested (total paid-in capital) by all stockholders as of March 17
Create a process improvement plan : Select an organization to create a process improvement plan for. This may be the organization you work for or another real organization that you are familiar.
What are the five stages of industry life cycles : What are the five stages of industry life cycles?
Belive they have the best savings plan : Cathy and her twin sister Carley both age 25 each belive they have the best savings plan.
Amount of the semi-annual withdrawal that you can afford : What is the amount of the semi-annual withdrawal that you can afford?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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