subject
Business, 14.12.2019 01:31 sierravick123owr441

On december 31, 2020, mcdaniel company had $1,200,000 of short-term debt in the form of notes payable due february 2, 2021. on january 21, 2021, the company issued 25,000 shares of its common stock for $38 per share, receiving $950,000 proceeds after brokerage fees and other costs of issuance. on february 2, 2021, the proceeds from the stock sale, supplemented by an additional $250,000 cash, are used to liquidate the $1,200,000 debt. the december 31, 2020, balance sheet is issued on february 23, 2021.

show how the $1,200,000 of short-term debt should be presentedon the december 31, 2020, balance sheet.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 01:30
Standardization is associated with which of the following management orientations? a) ethnocentric orientation b) polycentric orientation c) regiocentric orientation d) geocentric orientation
Answers: 1
question
Business, 22.06.2019 11:20
You decided to charge $100 for your new computer game, but people are not buying it. what could you do to encourage people to buy your game?
Answers: 1
question
Business, 22.06.2019 17:00
Cooper sues company a in state court in south carolina, where he lives, for negligence alleging personal injury and property damage of $100,000 after a truck driven by an employee of company a rear-ended his pickup truck. company a is incorporated in delaware, has its headquarters in new york, but does a substantial amount of business in south carolina. claiming diversity of citizenship, company a seeks removal to federal district court, but cooper opposes the motion. which of the following is true regarding whether the case may be properly removed to federal district court? the amount in controversy satisfies diversity requirements; and if company a's nerve center is in a state other than south carolina, then the case may be properly removed to federal court.the amount in controversy satisfies diversity requirements; and because company a is incorporated and has its headquarters in a state other than south carolina, the case may be properly removed to federal court.because the amount in controversy satisfies diversity requirements and company a is incorporated in a state other than south carolina, the case may be properly removed to federal court regardless of where company a's headquarters, nerve center, or principal place of business is located.because the amount in controversy satisfies diversity requirements and company a is headquartered in a state other than south carolina, the case may be properly removed to federal court regardless of where company a is incorporated and regardless of the location of its nerve center.because the amount in controversy fails to satisfy jurisdictional requirements, regardless of the location of company a, the case may not be removed to federal court.
Answers: 1
question
Business, 22.06.2019 19:30
When it is 4: 00 a.m. in halifax, it is 1: 00 p.m. in karachi, and when it is 9: 00 a.m. in karachi, it is 5: 00 a.m. in warsaw. mary left halifax to fly to karachi, but she accidentally left her watch on warsaw time. according to mary’s watch, she left halifax at 9: 40 p.m. on monday. the local time when she arrived at karachi was 3: 00 p.m. tuesday. how long was mary’s flight? a. 9 hours, 20 minutes b. 13 hours, 20 minutes c. 14 hours, 20 minutes d. 17 hours, 20 minutes
Answers: 1
You know the right answer?
On december 31, 2020, mcdaniel company had $1,200,000 of short-term debt in the form of notes payabl...
Questions
question
Mathematics, 25.09.2021 17:50
question
Physics, 25.09.2021 17:50
question
Mathematics, 25.09.2021 17:50
Questions on the website: 13722360