On december 1 of the current year, the following accounts and their balances appear in the ledger of latte corp., a coffee processor:
preferred 2% stock, $50 par (250,000 shares authorized, 77,000 shares issued) $3,850,000
paid-in capital in excess of par—preferred stock 616,000
common stock, $35 par (1,000,000 shares authorized, 419,000 shares issued) 14,665,000
paid-in capital in excess of par—common stock 1,676,000
retained earnings 190,700,000
at the annual stockholders’ meeting on march 31, the board of directors presented a plan for modernizing and expanding plant operations at a cost of approximately $11,000,000. the plan provided (a) that a building, valued at $3,422,000, and the land on which it is located, valued at $1,570,000, be acquired in accordance with preliminary negotiations by the issuance of 128,000 shares of common stock, (b) that 41,800 shares of the unissued preferred stock be issued through an underwriter, and (c) that the corporation borrow $4,450,000. the plan was approved by the stockholders and accomplished by the following transactions:
may 11 issued 128,000 shares of common stock in exchange for land and a building, according to the plan.
20 issued 41,800 shares of preferred stock, receiving $55 per share in cash.
31 borrowed $4,450,000 from laurel national, giving a 6% mortgage note.
journalize the entries to record the may transactions. refer to the chart of accounts for exact wording of account titles.

The undress company produces a dress that women use to quickly and easily change in public. the company is just over a year old and has been successful through a kickstarter campaign. the undress company has identified a customer segment, but if it wants to reach a larger customer segment market outside of the kickstarter family, what question must it answer?

Tariffs and quotas are often imposed when a government is more responsive to interests, and the benefits of those trade restrictions are often ; concentrated producer; widely dispersed consumer; widely dispersed consumer; concentrated

Karla tanner opens a web consulting business called linkworks and completes the following transactions in its first month of operations. april 1 tanner invested $105,000 cash along with office equipment valued at $25,200 in the company in exchange for common stock. 2 the company prepaid $7,200 cash for 12 months’ rent for office space. (hint: debit prepaid rent for $7,200.) 3 the company made credit purchases for $12,600 in office equipment and $2,520 in office supplies. payment is due within 10 days. 6 the company completed services for a client and immediately received $2,000 cash. 9 the company completed a $8,400 project for a client, who must pay within 30 days. 13 the company paid $15,120 cash to settle the account payable created on april 3. 19 the company paid $6,000 cash for the premium on a 12-month insurance policy. (hint: debit prepaid insurance for $6,000.) 22 the company received $6,720 cash as partial payment for the work completed on april 9. 25 the company completed work for another client for $2,640 on credit. 28 the company paid $6,200 cash in dividends. 29 the company purchased $840 of additional office supplies on credit. 30 the company paid $700 cash for this month’s utility bill. required: 1.prepare general journal entries to record these transactions using the following titles: cash (101); accounts receivable (106); office supplies (124); prepaid insurance (128); prepaid rent (131); office equipment (163); accounts payable (201); common stock (307); dividends (319); services revenue (403); and utilities expense (690). 2. post the journal entries from part 1 to the ledger accounts. 3. prepare a trial balance as of april 30. need a jounalentry worksheet part1 part2 - post the journal entries from part 1 to the ledger accounts part3 - prepare a trial balance as ofaprol30