a-company-issued-30-shares-of-50-par-value-common-stock-for-12000-the-credit-to-additional-paid-in-c

Question

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. $\$ 10,150$

Puneet Prajapati · Accepted Answer

Okay, So, Mr the meaning, we&#x27;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&#x27;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&#x27;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&#x27;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&#x27;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&#x27;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&#x27;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&#x27;s all for this edition. Thank you.

Angela Guo · Answer

we&#x27;re going to let oh be equal to the value. Uh, the easy stock and your bonito acts you both of the value of X Y z. So Okay, so what we know is that one share of the VC stock is worth three kinds of much as X y z. So meaning a is equal to you re x. So we have an investor who has 100 shares of each, and we know that the total value of the stock together is 4500. So many 100 shares. Uh, BBC at price of a plus 100 shares of X y Z prices. Thanks. Well, give us a total value of 4000 500 cases. Since we know that um is equal to three X, we can substitute, but it But this will give us 400 times three X, which is re 100 I What 100 is equal to 4500. The nail combining like terms this will give us 400 X is equal. The 4000 500 now dividing both sides by 400 will give us access equal to $11.25. So The question is asking how much money is invested in stocks. So access worried $11.25 and the investor has 100 shares of it. Then he has 11.25 times 100 people would have 1125 invested. And so I see. In this sense, a is equal to three kinds. Axe. He is going to be equal 23 times 11.25 which is 33.75 And he also has 100 shares. Uh, that&#x27;s so so this is going to be they think my Southern five times, huh? Times 100 and that&#x27;s going to give us $3375 invested.

Charles Carter · Answer

Okay, so, uh, this is a kind of a finance problem. Just tells us we&#x27;re gonna invest into two accounts. $24,000. So our first equation just gonna be X plus y just both accounts. He goes 24,000. It tells us the first account pays 5% our 0.35% interest. So 0.35% not percent 3.5% interest, which comes out to be the decimal 0.35 And our second account pays 5% interest. Next on my represents, how much money we&#x27;re investing in each one of those accounts. So that&#x27;s going to identify that. So X is the 3.5% account and why is the 5% count? Okay, So and the total amount of interest we want to make for some reason, is less than the maximum you could make is the maximum would be if you invested all of it in the UAE accounts. I don&#x27;t know why you want to split it up and make less, but there you have. It s o. The total amount of interest we want to make is 9 30 I&#x27;m gonna multiply top equation by 0.5 on them to help us, I work our way down to the answers we&#x27;re looking to solve for the account balance in the ex account. So I most about 0.5 because that&#x27;s gonna help us eliminate the Y values so we can just go ahead and solve for the ex account. So by multiple, about 0.5 I&#x27;ll have 0.5 x and 0.35 x. My wife values will cancel, and I&#x27;m gonna have 0.5 times 24,000 which is 1200. Uh, bottom still gonna be 9 30 Cannot wine values of just cancel. So we&#x27;re gonna have 0.15 x equals. And when we subtract this, 1200 minus 9 30 is gonna be 270. If I divide both sides by 0.15 I&#x27;ll have the axe is $18,000. So that&#x27;s how much we want to invest in that 3.5% account. Uh, if he wanted to extend this problem further, the Y value would just be 24,000 minus that which is just 6000. So I think the question Just ask for the X value. Um, so just make sure you know when you&#x27;re solving these problems, you know exactly what is asking for. Thank you very much.

Puneet Prajapati · Answer

Okay, so we will understand the meaning off. Okay. However, there are various types off liquidity and efficiency ratios who assess that. How does entities working? Ok, OK, so So it is the It is the racial that shore&#x27;s that How much? That whole. It&#x27;s Gooding six. Okay, They&#x27;re how much? Cutting a six off the and Judy have bean financed. So foreign liabilities. Okay, so although we have returned technical definition, okay, but the very take the practical application off the current rations so that it will be more clear to you. Okay, So the formula for current ratio Yes. First of all, we have current Essex on Didn&#x27;t America. Okay? And current liabilities Indeed. Denominator. Now what it say&#x27;s poster for before that we will understand that What is the meaning of current sex? What is the meaning of current? So the current estates are those of sex, Or we can say Are those payments which is the business entity has to recover from the customer. I didn funny a maximum. Okay. Within money in Mexico on current liabilities are those amounts which have to be paired by business and treat people, their suppliers, their vendors within one financially in Mexico. Okay, so I sex and liabilities, current assets and liabilities of those amounts which are to be deceived or big, Okay, within one financial year only. So now what business? Racial means how and what job I saves. We have or we consider. And he has created out off the current liabilities. Okay, let&#x27;s suppose we have $1000 Not $1000 became $100,000. As current physics, we have to recover $100,000 from other customers because of a customer promised to pay within confidentially, okay, subsequent to the sale of perhaps to them. And we have to pay our suppliers $50,000 within one financial. So what is the current rations? Parent ratio is still no more. Do it say&#x27;s what uses that we we are having during visits off dollar toe. We can save a dollar to We are happy. We had a heavy dollars to current a sex for every $1 off B. Okay, so this is what we Yeah, in Respect off Got impatient. So for the given case, what we have I ve had one buddy. Okay? In the current accepts and $56,000 in the numerator. The denominator that will give us. Okay, So that will give us who. So that matches with choice. I see. Okay, so, joy, see, is the correct answer. Okay, so we have very important definition, so you can write it so you can write all of the all of the matter is that average and so far. Okay. All right. But the correct choice is Chelsea. That&#x27;s all for our solution.

Puneet Prajapati · Answer

okay, so they will understand the meaning of credit. Okay. Refers do the domes laid down by supplier. It refers to the terms laid down by this in front of customers who attract immediate. Okay, So what we have defined, repelled as these are details which are very popular. And Charlie down by supplier, who attacked immediate gash. So I will draw Example. Who? The quick that how credit terms work. Indian life scenario. So let&#x27;s suppose there is mystery. Who is this? Supply it. And they didn&#x27;t. Mr C, Who is that customer? Okay, you know what happens? Mr. In Supplies books over $100. Okay, now what happened? Mr Alonso said to me is to see that if you will pay within five days, then I will give you discount off 2%. Otherwise you will have to pay with Inter Tunis. Okay, so I will debate it again. Okay, Mr a second Mr See that after transferring the goods of 1000 $100 that if you will pay me within five days after delivering the goods, then I will give you 2% cash discount $100. Otherwise you will have to pay within two days at Maxwell. So in given case, let&#x27;s disappoint Mr C. He&#x27;s He&#x27;s out the amount within five days. So what will be the net amount that will be paid? Who? Mr. T. Okay, So what will be them out $100. So Mr C will be eligible for discount to Skull Cooper said, Okay, so 98 dollars will be paid to Mr A. Because 2% discount quickly apply to the payment that thing made. Okay. Now, in the current case, also, how will we define? I will be defined in that amount. Okay. I would find the net amount There is going to fight, you know, amount that is to be paid. And it&#x27;s the customer pays within the discount. How much? How much he would be getting in Followed discount back this 4%. Okay, If that is 4% then God will be the amount that will be paid. Putting supplier that this $100. Okay, so back matches with back. Much has been choice. Be okay. So we have that I have a solution. Will be joys be. So that&#x27;s all forever. Solution. However, you can write what I pretend. So if you get it insult to a choice Beastie

Problem

A corporation issued 100 shares of $\$ 100$ par v…

Problem 11 Easy Difficulty

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. $\$ 10,150$

Answer

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Mitchell Franklin, Patty Graybeal, Dixon Cooper

Principles of Accounting Volume 1: Financial Accounting

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Principles of Accounting Volume 1: Financial Accounting

Mitchell Franklin, Patty Graybeal, Dixon CooperPrinciples of Accounting Volume 1: Financial Accounting

Mitchell Franklin, Patty Graybeal, Dixon Cooper

Principles of Accounting Volume 1: Financial Accounting