Danielle Corporation received $2,000,000 from investors and issued them shares of its stock. Danielle's journal entry to record this transaction would include a: a. Credit to revenue. b. Debit to investments. c. Credit to common stock. d. Credit to retained earnings.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Danielle Corporation received $2,000,000 from investors and issued them shares of its stock. Danielle's journal entry to record this ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Because people prepare budgets, budget figures are often biased. Which of the following is true? a. When senior management sets budget numbers, a more realistic budget can be developed b.
Answers (1)
Which, if any, of the following is true of the inflation premium: Multiple Choice compensates investors for expected price increases. rewards investors for accepting interest rate risk. remains constant over time.
Answers (1)
What is the forecasted sale of umbrellas in the month of June using the 3-period moving averages? Month sales January 1,000 February 1,000 March 1,500 April 2,000 May 2,500 The forecasted sale for the month of June is
Answers (1)
You plan to deposit $ 700 in a bank account now and $ 300 at the end of the year. If the account earns 4 % interest per year, what will be the balance in the account right after you make the second deposit?
Answers (1)
Discuss one environmental benefit and one economic benefit to the city of fremont that would result from fremont having it own sanitary landfill within its city limits
Answers (1)
New Questions in Business
In the united states today, what gives money its value?
Answers (2)
An employer has the right to monitor workers electronic communications if
Answers (1)
What is a kind of federal payroll tax A) Medicare tax B) sales tax C) property tax D) progressive tax
Answers (2)
The Rye Corporation has provided the following information: Total sales were $1,240,000. Beginning net accounts receivable was $49,000. Ending net accounts receivable was $63,000. Sales returns and allowances totaled $108,000.
Answers (1)
It's important to know whether you've paraphrased and cited source material for your paper correctly so you avoid plagiarism. Read the original quote below and the two attempts to paraphrase it.
Answers (1)