Poole company began business on january 1, 2015. the corporate charter authorized issuance of 5,000 shares of

$1 par value common stock, and 4,000 shares of $8 par value, 6% cumulative preferred stock. none of the preferred shares were issued. on july 1, poole issued 1,000 shares of common stock in exchange for two years rent on a retail location. the cash rental price is $2,400 per month and the rental period begins on july 1. the correct entry to record the july 1 transaction will

a. increase cash, $57,600; decrease prepaid rent, $57,600

b. increase prepaid rent, $57,600; increase common stock, $57,600

c. increase prepaid rent, $57,600; increase common stock, $1,000; increase additional paid-in capital-- common, $56,600

d. increase prepaid rent, $57,600; increase common stock, $5,000; increase additional paid-in capital-- common, $52,600

Journalize the following transactions that occurred in september 2015 for aquamarines. no explanations are needed. identify each accounts payable and accounts receivable with the vendor or customer name. sep. 3 purchased merchandise inventory on account from shallin wholesalers, $5,000. terms 1/15, n/eom, fob shipping point. 4 paid freight bill of $80 on september 3 purchase. 4 purchased merchandise inventory for cash of $1,700. 6 returned $500 of inventory from september 3 purchase. 8 sold merchandise inventory to hermosa company, $6,000, on account. terms 2/15, n/35. cost of goods, $2,640. 9 purchased merchandise inventory on account from thomas wholesalers, $8,000. terms 2/10, n/30, fob destination. 10 made payment to shallin wholesalers for goods purchased on september 3, less return and discount. 12 received payment from hermosa company, less discount. 13 after negotiations, received a $200 allowance from thomas wholesalers. 15 sold merchandise inventory to jordan company, $2,500, on account. terms 1/10, n/eom. cost of goods, $1,050. 22 made payment, less allowance, to thomas wholesalers for goods purchased on september 9. 23 jordan company returned $400 of the merchandise sold on september 15. cost of goods, $160. 25 sold merchandise inventory to smithsons for $1,100 on account that cost $400. terms of 2/10, n/30 were offered, fob shipping point. as a courtesy to smithsons, $75 of freight was added to the invoice for which cash was paid by aquamarines. 26 after negotiations, granted a $100 allowance to smithsons for merchandise purchased on september 25. 29 received payment from smithsons, less allowance and discount. 30 received payment from jordan company, less return.

How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.

You should typically prepare at least questions for the people who will host you during a job shadow. a. 3 b. 4 c. 5 d. 2