If Kingbird, Inc. issues 3500 shares of $5 par value common stock for $222500, the account:. a. Cash will be debited for $205000.
b. Common Stock will be credited for $222500.
c. Paid-in Capital in Excess of Par Value will be credited for $205000.
d. Paid-in Capital in Excess of Par Value will be credited for $17500.

Which of the following accurately describes a surplus? a. consumer demand for a certain car is below the number of cars that are produced. b. the production costs for a certain car are below the sale price of that car. c. a reduction in the cost of steel enables a car company to reduce the sale price of its cars. d. a car company tries to charge too high a price for a car and has to reduce the price. 2b2t

Which of the following tasks would be a line cook's main responsibility? oa. frying french fries ob. chopping onions oc. taking inventory of stocked dry goods od. paying invoices

Atoy store has a new game in stock, but customers aren't buying it. which of the following types of inventory increases when customers aren't buying this game? a. work-in-process b. raw materials c. finished goods d. in-transit