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A company issued 30 shares of $\$ .50$ par value common stock for $\$ 12,000 .$ The credit to additional paid-in capital would be _________A. $\$ 1.985$B. $\$ 12,000$C. $\$ 15$D. $\$ 10,150$

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Chapter 14

Corporation Accounting

Section 3

Record Transactions and the Effects on Financial Statements for Cash Dividends, Property Dividends, Stock Dividends, and Stock Splits

The Real Economy in the Long Run

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A total of $ \$24,000 $ …

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Okay, So, Mr the meaning, we're working capital. Followed by that we will understand that little districts, Or does it wound and how we can derive it. And what is the actual in friends off looking? So it the force who does appropriate measures? Okay, Appropriate Major, which states that that which stands that how much off got into saves have bean financed with owner's equity. Okay, so we have redundant technical definition. However, you can refer that definition definition after understanding that simply in clear example, that what is the actual meaning off working capital? So let's suppose that first of all, most of all, we will write the formula for working capital. So legs like the formula for the capital. OK, so that will be our example as well as other formal. Let's suppose you you have a business off selling for nature. Okay, we can say you have ah, business. All setting gardeners. Now you have sold some got names. Let me suppose $100 off. That means to your customers. And your customers are better addressed. But we sold. They promised the U $100 within convention. Okay, within one financial. Now what happened? You have agreed to the terms the customer s laid down in front of You know what happens to process such gardens you have purchased wrong with again from your supplier. You fought $72. You are also impressed with the customer off your supply. And you are Do you have promised your supply to pay $70 within one finishing Know what happens? This $100 home is the recoverable amount from West. But this $100 as that has been generated this $70 off liability. Okay, so this is a SEC weakens the garden district, and this is we're in elaborately by current liability. My current dosage, because $100 is receivable from customers within one financial year only. Okay, so current as it is, the amount which are receivable within one financial okay and currently very pleased amount which is payable within one which has to be paid, represents entry to live in a one family. So we can understand from this from this equation $100 minus and impede on his back that forever the entity, whatever the entity will be receiving after subtracting $100 sandy notice from $100 will be didn't net amount. That will be only by equally. Okay, so it belongs to, well, not active. Okay, that is understood. Okay, so we have form. Never form alone. So So So So this is the formula for working capital, that intersex my lister employability. Okay. And this is the $30 as answer that belongs to the owner. Okay, So out of $100 track $2 will belong to $70 well below the supplier who won't be aperribay on in the current case. Also, we have current Essex off $100,000. Okay, ask that in visit. Thank current abilities on 42,000 donors. So on and on what we have in case overworking ability, looking capital that this $58,000. So the axe solution matches with Joyce D. Okay, However, you can write for time returned. So far, however, choice is the correct answer. So that's all for this edition. Thank you.

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