A: Cash in Bank 100,000Capital Stock 100,000
B: Capital Stock 100,000Cash 100,000
C: Cash in Bank 50,000Capital Stock 100,000
D: Cash in Bank 100,000Capital Stock 50,000
举一反三
- MAKE ENTRY FOR THE FOLLOWING TRANSACTION. The company was organized and capital stocks are issued for cash, $100,000.
- A project has the following projected cash inflows.Year 1 100,000Year 2 125,000Year 3 105,000Working capital is required to be in place at the start of each year equal to 10% of the cash inflow for that year. The cost of capital is 10%.What is the present value of the working capital? A: $ Nil B: $(30,036) C: $(2,735) D: $33,000
- Company A received cash and issued stock to a new stockholder. In recording this transaction:
- A company issued 20,000 shares of its $1 par value ordinary stock for cash. The price is $10 per share. The entry to record this transaction would be: A: Debit Cash $200,000; credit Ordinary Stock $20,000; credit Share Premium, Ordinary Stock $180,000. B: Debit Cash for $200,000; credit Ordinary Stock $200,000 C: Debit Ordinary Stock $20,000; debit Share Premium, Ordinary Stock $180,000; credit Cash $200,000. D: Debit Ordinary Stock $20,000; credit Cash $20,000.
- Company A issued 2,500 shares of its no par ordinary stock for cash. The price is $10 per share. The entry to record this transaction would be: A: Debit Cash $25,000; credit Share Premium in Excess of Par Value $25,000. B: Debit Cash $25,000; credit Ordinary Stock $25,000. C: Debit Ordinary Stock $25,000; credit Cash $25,000. D: Debit Treasury Stock $25,000; credit Cash $25,000.
内容
- 0
A company receives £500 of cash as an additional investment in the company by its owner, Mary Smith. The company's Cash account is increased and Mary Smith, Capital is increased. Should the £500 entry to the Cash account and to Mary Smith, Capital be a debit or a credit, respectively? A: a debit; a debit B: a debit; a credit C: a credit; a debit D: a credit; a credit
- 1
Tobby started his company with a $12,000 cash investment. Please write down the journal entry. A: Dr Cash $12,000, Cr Investment $12,000 B: Dr Investment $12,000, Cr Cash $12,000 C: Dr Cash $12,000, Cr Tobby's capital $12,000 D: Dr Tobby's capital $12,000, Cr Cash $12,000
- 2
A．8,000 people.B．10,000 people.C．80,000 people.D．100,000 people. A: 8,000 people. B: 10,000 people. C: 80,000 people. D: 100,000 people.
- 3
Downstairs Company has the following sales budget for the last six months of 2010: July $100,000 August 80,000 September 110,000 October 80,000 November 100,000 December 94,000 Historically, the cash collection of sales has been as follows: 65% of sales collected in month of sale 25% of sales collected in month following sale 8% of sales collected in second month following sale 2% of sales uncollectible What are the expected cash collections of sales in October?
- 4
Which of the following statement is not true? A: The initial investment in working capital is a cash outflow at the ending of the project for items such as inventories B: Working capital is recaptured at the end of the project when working capital is no longer required C: Depreciation is not a current cash outflow. D: Discounted cash flow methods automatically provide for a return of the original investment, thereby making a deduction for depreciation unnecessary