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 87 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
Wow, this really help

bigsis44

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

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?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Mass Exchange Between Close Binary Stars Mass Exchange Between Close Binary Stars
The lower respiratory tract and the process of gas exchange. The lower respiratory tract and the process of gas exchange.
Common Prefixes Cont Common Prefixes Cont
Common Ancestors Common Ancestors
Gas Exchange during Respiration Gas Exchange during Respiration
Common Traits of Flowers Common Traits of Flowers
Video: Pressure volume relationships - Normal inspiration and expiration

For a complete list of videos, visit our video library