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

Author Question: The entry to record selling 800 shares of stated value $37 common stock for $59 per share would be: (Read 123 times)

joesmith1212

  • Hero Member
  • *****
  • Posts: 549
on: Feb 18, 2020
The entry to record selling 800 shares of stated value $37 common stock for $59 per share would be:
◦ debit Cash $29,600; debit Paid-in Capital in Excess of Stated Value–$17,600; credit Common Stock $47,200.
◦ debit Cash $47,200; credit Common Stock $47,200.
◦ debit Cash $47,200; credit Common Stock $29,600; credit Paid-in Capital in Excess of Stated Value–$17,600.
◦ debit Cash $29,600; credit Common Stock $29,600.
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 joesmith1212 on Feb 18, 2020

juwms

  • Sr. Member
  • ****
  • Posts: 337
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


joesmith1212

  • Member
  • Posts: 549
Reply 2 on: Feb 18, 2020
Thanks for the timely response, appreciate it

xoxo123

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

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?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Male common pochard, London, UK Male common pochard, London, UK
Some common functional groups of biomolecules Some common functional groups of biomolecules
The fossil record of chimpanzees is sparse. The femur from Kikongo, Uganda (c) may represent a late The fossil record of chimpanzees is sparse. The femur from Kikongo, Uganda (c) may represent a late
EEG electrodes attached to the child’s scalp provide a record of brain activity in multiple ... EEG electrodes attached to the child’s scalp provide a record of brain activity in multiple ...
Common Abbreviations and Symbols Used by Massage Therapists Cont Common Abbreviations and Symbols Used by Massage Therapists Cont
Video: Negative Feedback Regulation of Blood Pressure

For a complete list of videos, visit our video library