On the statement of cash flows, purchasing equipment during the year is:     

River, Inc. issued 6,000 shares of $2 par value common stock for $13 per share. The journal entry to record this transaction is a. Cash     $78,000           Common Stock      $12,000            Paid-in-Capital       $66,000 b. Cash      $78,000             Common Stock        $12,000             Retained Earnings   $66,000 c.  Cash      $12,000             Common Stock      $12,000 d.   Cash     $78,000                Common Stock     $78,000

Of the following characteristics, which is not generally regarded as a right of common shareholders?          

In May 2025, BIGLOTS Enterprises sold merchandise to their customers in cash for $799,000. A sales tax of 6.5% was also collected from the customer, remittable to the State of Florida’s Department of Revenue. BIGLOTS’ journal entry to record May’s sales would include?       

On July 1, 2024  APPL Company issues $4,000,000 of 10-year, 8% bonds at 101.  APPL uses the straight-line amortization method to determine interest expense.  Interest is paid each June 30 and December 31.  The interest expense recognized on the first semiannual interest payment on December 31, 2024 is:

On July 1, 2013, TSLA Company issued $2,000,000 of 10-year, 8.5% bonds at 99.  TSLA uses the straight-line amortization method to determine interest expense.  Interest is paid each June 30 and December 31. The entry recorded by TSLA Company on June 30, 2023 upon maturity at the end of the bond’s term will include:

A 30% gross profit percentage means that:

Amortization expense is recorded for:

Miscellaneous costs associated with the purchase of new equipment include: Insurance costs before the equipment is ready for use $2000​ Maintenance costs before the equipment is ready for use 700​ Insurance costs after the equipment is placed into service 1800​ Cost of test run 700​ Training costs for employees to learn how to use equipment 400​ What is the amount assigned to the new equipment?

Which one of the patients described below would be the best candidate for of a community based wellness program consisting of moderate to vigorous aerobic activities, referral to a nutritionist and education about healthy lifestyle?