amariadams1760 amariadams1760
  • 24-05-2023
  • Business
contestada

A company issued 1,000 shares of $1 par value preferred stock for $5 per share. What is true about the journal entry to record the issuance?
a. Debit Preferred Stock $5,000.
b. Credit Cash $5,000.
c. Credit Preferred Stock $5,000.
d. Credit Additional Paid-In Capital $4,000.

Relax

Respuesta :

Otras preguntas

The physical and social background against which a story takes place is its _____. theme plot setting language
Which topic in a biology textbook is directly related to physics?
Louisa needs 3 L of lemonade and punch for a picnic. She has 1800 mL of lemonade. How much punch does she need
a parallelogram cannot be a cross section of a triangular prism
In caves, dripping groundwater containing calcium bicarbonate can form stalactites and stalagmites. When the water is exposed to air, some of the calcium bicarb
expanded form of 16.49
what is the original price was 10% and $37.80
What parts of congruent polygons are congruent
which statement taken from the paragraph is most likely to be an opinion rather than fact
a footballis selling for 35% on the origninal price. The orgininal price was $60. What is the sale price of the football?