If smart company issues 1,000 shares of $5 par value common stock for $90,000, the account
a. cash will be debited for $95,000.
b. common stock will be credited for $90,000.
c. paid-in capital in excess of par value will be credited for $85,000.
d. paid-in capital in excess of par value will be credited for $5,000.
wave corporation began the current year with a retained earnings balance of $25,000. during the year, the company corrected an error made in the prior year, which was a failure to record depreciation expense of $5,000 on equipment. also, during the current year the company earned net income of $15,000 and declared cash dividends of $5,000. compute the year-end retained earnings balance.
which of the following statements is not true about a 4-for-1 split?
a. a stockholder with ten shares before the split owns forty shares after the split.
b. par value per share is reduced to one-fourth of what it was before the split.
c. the market price will probably decrease.
d. total contributed capital increases.
pour yeast into warm water in a large bowl and mix until combined. let the mixture rest for 5 minutes.
add the sugar, salt, and additional 2 tablespoons of canola oil and mix.
beat the egg replacement ingredients with a whisk and pour into the yeast mixture. add the flour
transfer the dough to a lightly floured surface and knead it until it is smooth and elastic. it should be springy.
transfer dough to a lightly oiled bowl. cover with a slightly damp cloth or plastic wrap and set in a warm place for 90 minutes. it should double in size.
transfer to a lightly floured surface and cut dough into 2 equal halves. divide each piece into 3 pieces and roll out into 10 to 12 inch ropes.
let rise another 30 minutes
preheat oven to 350 degrees f. bake for approximately 25 to 30 minutes depending on your oven.