When a share of stock is first sold the amount received by

Assignment Help Accounting Basics

Reference no: EM13602581

1. When a share of stock is first sold, the amount received by the company may be different from the amount printed on the stock certificate. Any amount over that printed amount will be recognized in which of the following accounts?
a. common stock
b. retained earnings
c. revenue from stock sales.
d. additional paid-in capital
e. long-term investment

2. The total amount of profits generated by a company and not distributed as dividends to stockholders is called:
a. revenue
b. common stock
c. par value
d. additional paid-in capital
e. retained earnings.

Reference no: EM13602581

Questions Cloud

When lifo perpetual inventory costing is used which costs : 1. in a perpetual inventory system a. the inventory and cost of goods sold accounts are updated once a period. b.

Westerngearcom is expected to have operating losses of : westerngear.com is expected to have operating losses of 200000 in its first year of business and 250000 in its second

Applied 362400 of direct materials requistion no 679 and : applied 3624.00 of direct materials and 8120.00 of direct labor time ticket no. 129 to jo no. 403 which will complete

The requirement for publicly owned companies to issue : 1. the requirement for publicly owned companies to issue quarterly and annual financial statements is mandated by the

When a share of stock is first sold the amount received by : 1. when a share of stock is first sold the amount received by the company may be different from the amount printed on

Total payroll was 604800 of which 176400 is exempt from : the payroll of delaney company for september 2010 is as follows. total payroll was 604800 of which 176400 is exempt

A us manufacturer wants to conduct business through a : a u.s. manufacturer wants to conduct business through a foreign subsidiary organized in a low tax jurisdiction. how

Superior medical systems 2005 balance sheet showed total : superior medical systems 2005 balance sheet showed total common equity of 2050000. the company had 100000 shares of

Enter the transactions shown above in appropriate general : listed below are the transactions of yasunari kawabata d.d.s. for the month of september.sept. 1 kawabata begins

User Account

All Pages