subject
Business, 03.12.2019 23:31 rennytheraccoon

Exercise 11-05 concord corporation had the following transactions during the current period. mar. 2 issued 3,600 shares of $5 par value common stock to attorneys in payment of a bill for $21,600 for services performed in the company to incorporate. june 12 issued 70,000 shares of $5 par value common stock for cash of $437,500. july 11 issued 1,500 shares of $100 par value preferred stock for cash at $107 per share. nov. 28 purchased 1,800 shares of treasury stock for $72,000. journalize the transactions.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:00
12. nelson corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 115 units in beginning inventory 380 units produced 5,900 units sold 6,070 units in ending inventory 210 variable costs per unit: direct materials $ 46 direct labor $ 27 variable manufacturing overhead $ 3 variable selling and administrative $ 12 fixed costs: fixed manufacturing overhead $ 112,100 fixed selling and administrative $ 36,420 the company produces the same number of units every month, although the sales in units vary from month to month. the company's variable costs per unit and total fixed costs have been constant from month to month. a. prepare a contribution format income statement for the month using variable costing. unit product cost under variable costing direct materials direct labor variable manufacturing overhead variable costing unit product cost (formula)
Answers: 3
question
Business, 22.06.2019 23:00
Even sole proprietors should have at least how many computers? 1 2 3 4
Answers: 1
question
Business, 23.06.2019 00:00
Which of the following is not a factor to consider when deciding whether to accept a special order? whether this order will hurt the brand name of the company whether other potential orders would be more profitable whether additional fixed costs would need to be incurred whether the offered price is sufficient to cover prime costs and fixed overhead allocated all of the above
Answers: 2
question
Business, 23.06.2019 00:00
Which of the following statements is not correct? the stock of publicly owned companies must generally be registered with and reported to a regulatory agency such as the sec. when stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public, or an ipo," and the market for such stock is called the new issue or ipo market. "going public" establishes a firm's true intrinsic value and ensures that a liquid market will always exist for the firm's shares. if you wanted to know what rate of return stocks have provided in the past, you could examine data on the dow jones industrial index, the s& p 500 index, or the nasdaq index.
Answers: 1
You know the right answer?
Exercise 11-05 concord corporation had the following transactions during the current period. mar. 2...
Questions
Questions on the website: 13722367