User Account

All Pages

Xyz company deposited 15000 in bank account in return for

Assignment Help Accounting Basics
Reference no: EM13391925

XYZ Company deposited $15,000 in a bank account in return for issuing shares in the corporation. This transaction would affect which two financial statement elements?

Assets and stockholders' equity

Assets and liabilities

Liabilities and stockholders' equity

None of these choices

Reference no: EM13391925

Questions Cloud

Your supervisor has asked you to calculate elasticities for : imagine that you work for the maker of a leading brand of low-calorie frozen microwavable food that estimates the
Mid-state bank corporation recently declared a 7-for-2 : mid-state bankcorp recently declared a 7-for-2 stock split. prior to the split the stock sold for 80 per share. if the
This part of the project focuses on forces outside the : this part of the project focuses on forces outside the company that may affect the future financial performance of the
Can someone who is a leader not be a manager explain why or : write a 200- to 300-word paragraph answering the following questionsmiddot can someone who is a leader not be a
Xyz company deposited 15000 in bank account in return for : xyz company deposited 15000 in a bank account in return for issuing shares in the corporation. this transaction would
Write down some skills that leaders require to possess how : 1 what are some skills that leaders need to possess? how can managers develop leadership skills?2 how has management
Uing circular flow diagram describe the way that family : explain how the circular flow diagram relates to the current economic situation. using the circular flow diagram
If the balance of allowance for doubtful accounts is 3000 : using the percentage of receivables method for recording bad debts expense estimated uncollectible accounts are 15000.
Find the monopolists price quantity and profits compute the : north bend currently has one mcdonalds fast-food franchise. demand for hamburgers in north bend is givenby q 300 -

Reviews

Write a Review

Accounting Basics Questions & Answers

  How is iris corporation taxed on the distribution

Iris Corporation owns 30% of Fresia Corporation's stock. On November 15, Fresia Corporation, with current E & P of $320,000, distributes land (fair market value of $100,000; basis of $160,000) to Iris. The land is subject to a liability of $80,000..

  Clinic dollar growth in assets

What was the clinic's dollar growth in assets during 2008, and how was this growth financed?

  Explain what impact the change in the currency exchange rate

International Electronic Inc. invested $1,000,000 to build a plant in a foreign country. The labor and materials used in production are purchased locally.

  Description of material price variance

The Alperti Company manufactures surgical gowns for hospitals. Their controller, Ethell Hieken is preparing the variance analysis report for October. Standard Costs are as follows: What is the material price variance?

  Calculate the portfolio beta and then apply sml

Mary has a three-stock portfolio and is interested in estimating its overall return next year. She has $25,000 invested in Orange Corp-Calculate the portfolio beta and then apply the SML.

  Amortization when interest received by straight-line method

The bonds are sold on november 1, 2011 at 13 plus accrued interest. amortization was recorded when interest was received by the straight-line method. prepare all entries required to properly record the sale.

  Problem related to credit period

Merchandise is ordered on June 13; the merchandise is shipped by the seller and the invoice is prepared, dated, and mailed by the seller on June 16; the merchandise is received by the buyer on June 18; the entry is made in the buyer's accounts on ..

  Contingency that should be accrued

Which of the following is a contingency that should be accrued?

  Research scholarly empirical journal review

Select a scholarly empirical journal article* in Business and craft a response that adheres to the following: Please do not use quotes or copy definitions. You must also place a reference list at the end of your work containing the textbook and the ..

  Target cost for the new price

What is the target cost for the new price if target operating income is 20% of sales. What is the change in operating income for the year if $18.00 is the new price and costs remain the same?

  What is the effect on earnings in the year

The fair value of the options, estimated by an appropriate option pricing model, is $4 per option. No forfeitures are anticipated. Ignoring taxes, what is the effect on earnings in the year after the options are granted to executives?

  Expected expenses of a child while studying

You Would like to make 43 equal payments over the next 21 years (The first payment to be made immediately all other payment to be made at 6 month internals, with the final payment to be made at he 21st. birthday. So that you will be able to cover ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd