Cross Corp. had outstanding 2,000 shares of 11% preferred stock, $50 par. On August 8, 2009, Cross redeemed and retired 25% of these shares for $22,500. On that date, Cross’ additional paid-in capital from preferred stock totaled $30,000. To record this transaction, Cross should debit (credit) its capital accounts as follows:

Preferred stock

Additional
paid-in capital

Retained earnings

A.

$25,000

$7,500

($10,000)

B.

$25,000

-

($ 2,500)

C.

$25,000

($2,500)

-

D.

$22,500

-

-

Which value describes the desire to be one’s own boss? a. autonomy b. status c. security d. entrepreneurship

The solution set for -18 < 5x-3 iso-3х3< xо-3хo3 > x

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november. materials conversion costs total equivalent units