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

Author Question: The entry to record selling 700 shares of stated value $50 common stock for $74 per share would be: (Read 269 times)

nenivikky

  • Hero Member
  • *****
  • Posts: 516
on: Feb 18, 2020
The entry to record selling 700 shares of stated value $50 common stock for $74 per share would be:
◦ debit Cash $35,000; debit Paid-in Capital in Excess of Stated Value–$16,800; credit Common Stock $51,800.
◦ debit Cash $35,000; credit Common Stock $35,000.
◦ debit Cash $51,800; credit Common Stock $35,000; credit Paid-in Capital in Excess of Stated Value–$16,800.
◦ debit Cash $51,800; credit Common Stock $51,800.
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 nenivikky on Feb 18, 2020

angrybirds13579

  • Sr. Member
  • ****
  • Posts: 344
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 29% of students answer this correctly


Evan Welsh

  • Newbie
  • *
  • Posts: 1
Reply #2 on: Apr 23, 2020
Thank you


« previous next »
 

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Entry level nurse competencies Entry level nurse competencies
Record from a Polygraph Record from a Polygraph
Primary School Attendance in World Regions Attending primary school is common but not universal, wo Primary School Attendance in World Regions Attending primary school is common but not universal, wo
By age 3, children develop scripts for common events such as eating at a restaurant. By age 3, children develop scripts for common events such as eating at a restaurant.
Common Bacterial Pathogens Common Bacterial Pathogens
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 ...
Video: Premenstrual Syndrome

For a complete list of videos, visit our video library