In exchange for $1,500 legal services to help set up the new company, Hickory Grove Corporation issued 100 shares of $10 par value stock to its attorney. The entry to record the issuance of the stock would include a A. credit to Common Stock for $1,000. B. debit to Common Stock for $1,000. C. credit to Common Stock for $1,500. D. debit to Paid-In Capital in Excess of Par Value for $500.

Answers

Answer 1

Answer: a credit to common stock for 1000

Related Questions

Alps Ski Co is looking for new markets for both its brick and mortar retail stores and its catalog division. Alps Ski Co would most likely use a(n) ______ base for market segmentation of its stores and a(n) ______ base for market segmentation of its catalog division.
Whitney is shopping with her mom and they are deciding on clothing to purchase, which scenario best represents the purchase of a need?A Whitney is being inducted into the National Honor Society at her high school. Students have been directed to dress nicely' Whitneyhas a dress she wore to a wedding last year that still fits but her mom thinks she needs a new one to celebrate this occasionB Whitney has been selected to attend a national leadership conference and has been instructed that she will need to dressprofessionally' for one of the tours. She plans to wear her new jeans and a T-shirt that has the logo of the leadership conferenceon it. Her mother thinks she needs to purchase something more appropriate.C. Whitney has several pairs of jeans in her closet but found some that really hit her well at an excellent price when she and her momwere shopping. Her mom agrees that with these jeans at this price, they need to purchase a pair.D Whitney will be traveling to Europe with a youth ambassador program this summer. She has been instructed to pack a rain jacket,The rain jacket she already owns does not have a hood since she always uses an umbrella in rainy situations. Her mom believesshe needs to purchase a hooded rain Jacket because it would be more convenient
Why does the energy decrease as we go along the food chain from producers to tertiary consumers?
In the market for financial capital, ________.a. those who demand financial capital receive interest on loans. b. those who supply financial capital pay interest on loans. c. the supply of financial capital comes from savings, and the demand goes to making loans. d. the demand for financial capital comes from savings, and the supply goes to making loans.
Giselle has $10,000. She could put it in a CD earning 2% interest, a tech stock earning an 18% return this year, a mutual fund losing 3% this year, or an index fund earning an average return of 6%. If Giselle wants the investment with the lowest volatility which should she choose? Select the best answer from the choices provided. the CD the tech stock the mutual fundthe index fund

A person who charges a price that is determined by buying and sales decisions is a _____. price setter price taker single seller

Answers

Answer:

B. Price Taker

Answer:

B. Price Taker.

Explanation:

A person that cannot effect a products price.

Hope this helps.

Each of the following transactions appear on the statement of cash flows, EXCEPT: A. acquiring longminuslived assets. B. selling longminuslived assets. C. disposing of longminuslived assets for no cash proceeds. D. depreciating longminuslived assets.

Answers

Answer:

The correct answer is C

Explanation:

Longminuslived assets are those assets which are termed as the long term assets, and its example are property, plant, land, building, furniture and fixtures.

Cash flow statement is the financial statement which provides the total data in relation to all the cash inflows receives from its ongoing operations of the company and external sources of the investment. The statement also involves the cash outflows which is paid for the business investments and activities during a period.

So, the transaction which is not involved in the statement is the disposing of the assets for the no cash proceeds.

the south african government is not providin enough welfare or subsidies to the poor and underprivileged

Answers

if that is a statement then it is correct if that is a question then that would be the answer so it also correct

The repurchase at a premium of the target firm's shares that were acquired by the aggressor firm in a hostile takeover in exchange for an agreement that the aggressor will no longer target the company for takeover is called: a. a standstill agreement.
b. a poison pill.
c. greenmail.
d. crossing the palm with silver.

Answers

Answer:

c. greenmail.

Explanation:

A greenmail is the repurchase at a premium of the target firm's shares that were acquired by the aggressor firm in a hostile takeover in exchange for an agreement that the aggressor will no longer target the company for takeover.

A greenmail is a form of post offer take over defense. A post offer take over defense is put in place when a hostile takeover attempt has already occurred.

A poison pill is a pre take over defense. A poison pill is when a shareholder buys a certain percentage of shares that exceeds ownership level set by the company, other shareholders are allowed to buy shares at a discount.

I hope my answer helps you

A good way of remembering your newest contact's name is to A. repeat it silently in your head.
B. write it on your hand.
C. repeat it at the end of every sentence as you speak to him or her.
D. make up a jingle for it.

Answers

Hello there.

A good way of remembering your newest contact's name is to

A. repeat it silently in your head.

Answer:

A. Repeat it silently in your head

Explanation:

This is the correct answer for the PF test.

Hope this helps! C:

In which of these instances does an agent's duty of obedience compel her to follow the principal's instructions? A seller asks that the agent not disclose a latent defect A seller insists that the property must be listed for twice its market value A seller refuses to allow a property to be shown to non-white buyers All of the above

Answers

A seller insists that the property must be listed for twice its market value.

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Typically investors purchase stocks or bonds through all of the following except

The company that Layton owns, the Music Box, is a family-owned company that has been in business for more than 100 years. Layton wants to give back to the people of the community to acknowledge their role in the store's success. He decides to donate a significant portion of the store's profits to a charity every year. Layton's decision is an example of __________ in action.

Choose all that apply. The mortgage payment includes _____. taxes principal interest escrow PMI homeowner’s insurance

A contest for an honor or an award is called?