Bonata Inc. sells 1,400 common shares on a subscription basis at $65 per share. On June 1,
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 56% (16 reviews)
June 1 Subscriptions Receivable 91000 Common Shares Subscribed 91000 1 Cash 4...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Intermediate Accounting Volume 2
ISBN: 9781119497042
12th Canadian Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy
Question Posted:
Students also viewed these Accounting questions
-
On September 12, 2,400 shares of Aspen Company are acquired at a price of $39.00 per share plus a $120 brokerage commission. On October 15, a $1.10-per-share dividend was received on the Aspen...
-
Algonquin Corporation sold 50,000 common shares on a subscription basis for $40 per share. By December 31, 2011, collections on these subscriptions totalled $1.3 million. None of the subscriptions...
-
Algonquin Corporation sold 50,000 common shares on a subscription basis for $40 per share. By December 31, 2014, collections on these subscriptions totalled $1.3 million. None of the subscriptions...
-
A dry cell battery has just been connected to a light bulb. Explain energy transfer and energy transformation in this process when the Temperature of the battery and lightbulb is increasing
-
Consider again the joint CDF given exercise 5.3. (a) For constants a and b, such that 0 < a < 1, 0 < b < 1 and a < b, find Pr (a < X < b). (b) For constants and, such that, 0 < c < 1, 0 < d < 1 and c...
-
Fran Company's ending inventory is understated by \(\$ 4,000\). The effects of this error on the current year's cost of goods sold and net income, respectively, are: a. understated and overstated. b....
-
What are three ways in which the production, development and use of IT are causing unethical behavior?
-
Construct a systems flowchart based on the narrative and the output from Problems 4- 4 through 4- 6. Use Microsoft Visio or other diagramming software.
-
You have been watching the "Zero Gravity" ride at the Del Mar Fair (unfortunately not this year, though), where an individual is pinned against the back wall with enough force to hold them up as the...
-
A minivan starts from rest on the road whose constant radius of curvature is 40 m and whose bank angle is 10. The motion occurs in a horizontal plane. If the constant forward acceleration of the...
-
Sportage Limited issued 2,000 shares of no par value common shares for $58,300. Prepare Sportages journal entry if (a). The stock has no par value, and (b). The stock has a par value of $13 per share.
-
Kramers Inc. sells 1,000 common shares on March 1 to its employees at $25 per share. Kramers lends the money to the employees to buy the new shares. The employees pay 50% of the price on the...
-
M International ("M") and W Inc. ("W," a competitor of M) have been engaged in long-standing litigation over a specific patent infringement matter. Below is a summary timeline of specific events that...
-
What are your thoughts (pro and con) about single-sex schools? What are your thoughts about the changes in athletics in educational settings brought about by Title IX? If you believe further changes...
-
You are a teacher in a fully inclusive early childhood program that serves children with varied strengths and areas of challenge. Your program also practices the principles of Universal Design for...
-
You are a teacher at Children Come First Preschool and have noticed that one of the 4-year-olds, Clara, seems to be having a difficult time sitting during morning meetings. During lunchtimes, Clara...
-
Is this a strong or weak rationale? Why? If you feel the rationale is weak, how can it be made stronger? Of course, you are welcome to pick as many more as you'd like to discuss. "The information on...
-
Technology can be an effective tool in supporting access and participation for children with additional needs. Explain two examples of how technology can be used as an adaptation, modification, or...
-
1. How might Hermitage codify and manage the knowledge of experienced maintenance technicians into the new rules to be written for handling maintenance responses under the upcoming deluge of big data...
-
Assume Eq. 6-14 gives the drag force on a pilot plus ejection seat just after they are ejected from a plane traveling horizontally at 1300 km/h. Assume also that the mass of the seat is equal to the...
-
Abbot Corporation is a real estate developer looking to build a new property in the Metro Vancouver area. In order to do so, they need to raise capital to finance the construction. The company has...
-
Closed Tech Ltd. issued convertible bonds on 1 July 20X8. The 15-year, 5% $10,000,000 bonds pay interest semi-annually each 30 June and 31 December. At the investors option, each $1,000 bond is...
-
Laffoley Corp. needs to raise $10,000,000 to finance a planned capital expansion. The company has investigated two alternatives: 1. Issue $10 million of preferred shares at par. The shares can be...
-
6 XTL Company manufactures tables and has two divisions, the Production Division and the Assembly Division. The Production Division manufactures tables for the Assembly Division, which completes the...
-
UMPI Corporation manufactures and sells mini robots, a seasonal product that has peak sales in the 3rd quarter. The following information is related to the operations for Year 2 (the upcoming year)...
-
Please insert answer in the highlighted area. Please also include the cell formula in the explanation for better understanding. TranscribedText: Start 1 IN 5 6 7 8 TV Key Assumptions Construction...
Study smarter with the SolutionInn App