A corporation issues 1,500 shares of common stock for $32,000. The stock has a par value of $10 per share. The journal entry to record the stock issuance would include a credit to Common Stock for:
A) $15,000.
B) $32,000.
C) $17,000.
D) $2,000.
A
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When stock prices are unpredictable, they are said to
A. be riskless. B. follow a random walk. C. lack a martingale. D. be ex-dividend.
Under a just-in-time costing system, the journal entry that is recorded when the goods are completed and moved to Finished Goods Inventory is ________
A) Finished Goods Inventory Raw and In-Process Inventory B) Finished Goods Inventory Raw and In-Process Inventory Conversion Costs C) Finished Goods Inventory Conversion Costs D) Raw and In-Process Inventory Conversion Costs Finished Goods Inventory
The document the purchasing department sends to the vendor that is used to place an order is the ________.
Fill in the blank(s) with the appropriate word(s).
What are the differences between a franchisor and a franchisee?
What will be an ideal response?