Business, 17.01.2020 04:31 maelaysiap
Mr. jacob deposits $16,000 in a bank account in the name of stars pc inc. in return for shares of stock in the corporation. so, he becomes a stockholder and the stocks he receives in exchange for the money deposited become the capital stock. which of the following effects of this transaction is true? a. cash from financing activities increases by $16,000 under the statement of cash flows column. cash under assets increases by $16,000 under the balance sheet column. capital stock under stockholders’ equity also increases by $16,000 to balance the accounting equation. since no revenues or expenses are affected, there are no entries under the income statement column. b. cash from operating activities decreases by $16,000 under the statement of cash flows column. cash under assets decreases by $16,000 under the balance sheet column. capital stock under stockholders’ equity also decreases by $16,000 to balance the accounting equation. since no revenues or expenses are affected, there are no entries under the income statement column. c. cash from financing activities increases by $16,000 under the statement of cash flows column. cash under assets decreases by $16,000 under the balance sheet column. capital stock under stockholders’ equity also decreases by $16,000 to balance the accounting equation. revenues increases by $16,000 and expenses are not affected under the income statement column. d. none of these choices are correct
Answers: 1
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Business, 21.06.2019 21:20
Abakery wants to determine how many trays of doughnuts it should prepare each day. demand is normal with a mean of 5 trays and standard deviation of 1 tray. if the owner wants a service level of at least 95%, how many trays should he prepare (rounded to the nearest whole tray)? assume doughnuts have no salvage value after the day is complete.
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You were able to purchase two tickets to an upcoming concert for $100 apiece when the concert was first announced three months ago. recently, you saw that stubhub was listing similar seats for $225 apiece. what does it cost you to attend the concert?
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Business, 22.06.2019 11:00
Samantha is interested in setting up her own accounting firm and wants to specialize in the area of accounting that has experienced the most significant growth in recent years. which area of accounting should she choose as her specialty? samantha should choose as her specialty.
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Mr. jacob deposits $16,000 in a bank account in the name of stars pc inc. in return for shares of st...
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