Exercise 13-5 Quay Co. had the following transactions during the current period. Mar. 2 Issued 4,200 shares of $6 par value common stock to attorneys in payment of a bill for $30,400 for services performed in helping the company to incorporate. June 12 Issued 58,700 shares of $6 par value common stock for cash of $420,600. July 11 Issued 1,700 shares of $110 par value preferred stock for cash at $130 per share. Nov. 28 Purchased 3,470 shares of treasury stock for $76,000. Journalize the transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.)
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Business, 21.06.2019 14:20
Food, water, and shelter will not attract insects and rodents if recyclables are stored in
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Business, 21.06.2019 20:50
Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning
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Business, 22.06.2019 00:00
Which part/word/phrase in the passage refers to a business’s financing activity seen in a cash flow statement? nathan works as an accountant in a footwear manufacturing company. he is currently preparing the cash flow statement for his employer. during the given accounting period, the company purchased raw materials worth $25,000. it also bought new equipment worth $75,000 to increase its production output. further, it borrowed a long-term bank loan of $100,000 to facilitate further expansion. finally, the company spent $50,000 on advertising its latest brand of footwear in the market. {lol i guessed its "it borrowed a long-term bank loan of $100,000 to facilitate further expansion" and thats correct}
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Business, 22.06.2019 03:00
Match the given situations to the type of risks that a business may face while taking credit.(there's not just one answer)1. beta ltd. had taken a loan from a bankfor a period of 15 years, but its salesare gradually showing a decline.2. alpha ltd. has taken a loan for increasing its production and sales,but it has not conducted any researchbefore making this decision.3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession.4. delphi ltd. has taken a short-term loanfrom the bank, but its supply chain logistics are not in place.a. foreign exchange riskb. operational riskc. term of loan riskd. revenue projections risk
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Exercise 13-5 Quay Co. had the following transactions during the current period. Mar. 2 Issued 4,200...
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