subject
Business, 27.01.2020 23:31 francisco42002

Acorporation issues 2,000 shares of common stock for $32,000. the stock has a stated value of $12 per share. the journal entry to record the stock issuance would include a credit to common stock for
a. $2,000.b. $32,000.c. $12,000.d. $24,000.feedback: correct. the common stock account is credited for the number of shares times the stated value per share (2,000 × $12 = $24,000).

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 05:30
Sally is buying a home and the closing date is set for april 20th. the annual property taxes are $1,234.00 and have not been paid yet. using actual days, how much will the buyer be credited and the seller be debited
Answers: 2
question
Business, 22.06.2019 08:00
Why is it vital to maintain a designer worksheet? a. it separates the designs chosen for the season from those rejected by the company. b. it keeps a record of all designs created by the designer for a season. c. it charts out the development of an entire line through the season and beyond. d. it tracks the development of a design along with costing and production details. done
Answers: 1
question
Business, 22.06.2019 11:00
Why are the four primary service outputs of spatial convenience, lot size, waiting time, and product variety important to logistics management? provide examples of competing firms that differ in the level of each service output provided to customers?
Answers: 1
question
Business, 22.06.2019 13:30
The purpose of safety stock is to: a. eliminate the possibility of a stockout. b. control the likelihood of a stockout due to variable demand and/or lead time. c. eliminate the likelihood of a stockout due to erroneous inventory tally. d. protect the firm from a sudden decrease in demand. e. replace failed units with good ones.
Answers: 1
You know the right answer?
Acorporation issues 2,000 shares of common stock for $32,000. the stock has a stated value of $12 pe...
Questions
question
Mathematics, 06.10.2020 15:01
question
Mathematics, 06.10.2020 15:01
question
Mathematics, 06.10.2020 15:01
Questions on the website: 13722363