Exhibit 15-2 Lawrence, Inc, entered into a subscription contract with several subscribers that calls for the purchase of 2,000 shares of $5 par common stock for $15 a share. The contract calls for a 20% down payment and specifies that any amounts not paid within the contract period will be forfeited in full. ? Refer to Exhibit 15-2. Lawrence received final payment (80%) on 1,800 shares and
issued those shares. Subscribers defaulted on 200 shares. The entries to record receipt of final payment and issuance of 1,800 shares would include a
A) debit to Cash for $24,000.
B) credit to Subscriptions Receivable: Common Stock for $24,000.
C) debit to Common Stock Subscribed for $10,000.
D) credit to Common Stock for $9,000.
D
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According to the text, which of the following can affect a hiring manager’s perception of the employability of a job candidate?
A. demographic details B. commuting distance C. age D. ambition, work ethic, drive
Finding acceptable alternatives to higher cost items or not spending money for goods and services is referred to as ________________________________
Fill in the blank(s) with correct word
The distinction between independent and dependent agents is important because tax and labor law considerations are determined by the designated relationships
Indicate whether the statement is true or false