Received $17000 cash investment from the business owners and distributed 1000 shares of common stock to them with a market price of $17 per share? which accounts are affected in this transactions?

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Q: 3. Pagadian, Inc. reported the following during the year: P400,000 proceeds of life insurance of an…

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Q: Dristell Inc. had the following activities during the year (all transactions are for cash unless…

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A: Total cash outflows from investing activities -15200000 (Option A)

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Q: The following transactions are for the Sun’s Corporation, December, 2018.   12 Jan. Sun’s…

A: Sun's Corporation…

Q: A company invested $45,000 in Yale Co. stock. The investment represented 5% of the voting stock of…

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Q: On January 1, Vienna Corporation purchased 40% of the outstanding common stock of the Marietta…

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Q: An entity provided the following information for the current year: Dividend received 500,000…

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Q: Suppose that Fattal company acquires exact of Company Pfizer Co. for $1,500,000 at the company…

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A:

Q: Digman Co. had retained earnings of $400,000 and $50,000 in cash on January 1st. It made a net…

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Q: Received $45,000 cash from Alex Xu as an additional investment in exchange for common stock. Which…

A: Introduction: Journals: Recording of a business transactions in a chronological order. First step in…

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Q: Received $45,000 cash from Alex Xu as an additional investment in exchange for common stock. Which…

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Q: Received $45,000 cash from Alex Xu as an additional investment in exchange for common stock. Which…

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A: Cash Payment: A cash payment is bills or coins paid by the recipient of goods or services to the…

Q: Light Inc. had the following activities during the current year: Acquired 4,000 shares of Dark Inc.…

A: Answer:-  Cash flow from investing activities:-  Cash flow from investing activities is one of the…

Q: The following transactions occurred last year at Joyce Company: Issuance of shares of the company's…

A: Cash flow from Financing activities: It include transactions relating to the debt, equity, and…

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Q: Received $45,000 cash from Alex Xu as an additional investment in exchange for common stock. Which…

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