This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Mockingjay, Inc. issued 2,000 shares of $14 par common stock in exchange for a truck with a current ... (Read 57 times)

jayhills49

  • Hero Member
  • *****
  • Posts: 559
on: Feb 18, 2020
Mockingjay, Inc. issued 2,000 shares of $14 par common stock in exchange for a truck with a current market value of $45,000. Which of the following is NOT part of the journal entry for this transaction?
◦ Crediting Common Stock for $28,000
◦ Crediting paid-in capital in excess of par-common for $17,000
◦ Crediting Common Stock for $45,000
◦ Debiting equipment for $45,000
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jayhills49 on Feb 18, 2020

bbburns21

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Feb 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly


jayhills49

  • Member
  • Posts: 559
Reply 2 on: Feb 18, 2020
Great answer, keep it coming :)

xoxo123

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Examples of common forms of strabismus: (A) esotropia with the right eye turning inward and (B) exot Examples of common forms of strabismus: (A) esotropia with the right eye turning inward and (B) exot
Common Blood Chemistry Tests Common Blood Chemistry Tests
Typical slip-joint pliers are common household pliers. The slip joint allows the jaws to be opened ... Typical slip-joint pliers are common household pliers. The slip joint allows the jaws to be opened ...
Prescriptions for common analgesics used in dentistry. Prescriptions for common analgesics used in dentistry.
Common trigger point locations, anterior and posterior. Common trigger point locations, anterior and posterior.
Common sequence features in integrated retroviruses and other eukaryotic transposable elements Common sequence features in integrated retroviruses and other eukaryotic transposable elements
Video: Hormones and the menstrual cycle Animation

For a complete list of videos, visit our video library