Miller corporation issued 6000 shares of its $5 par value common stock in payment for attorney services billed at $54,000. miller corporation's stock has been actively trading at $9 per share. the journal entry for this transaction would include a credit to:

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false

Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.

Investors who put their own money into a startup are known as a. mannequins b. obligators c. angels d. borrowers