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The Following Selected Transactions Pertain to the RWE Corporation

question 6

Essay

The following selected transactions pertain to the RWE Corporation:
Jan 3 Issued 100,000 common shares for $ 25 cash per share.
Feb 10 Issued 6,000 common shares in exchange for special purpose equipment appraised at $ 159,000. RWE Corporation's common shares have been actively traded on the stock exchange at $ 27 per share.
Instructions
Journalize the transactions.


Definitions:

Unconscious Desires

Refers to wants or needs that a person is not aware of but that influence behavior according to psychoanalytic theory.

Persistent Parental Gratification

A parenting approach where a child's needs and desires are consistently met by the parents, possibly leading to a sense of entitlement or dependency.

Overpermissiveness

Overpermissiveness is a parenting or educational style characterized by granting excessive freedom or failing to enforce necessary boundaries and discipline.

Entitlement

A sense of being inherently deserving of privileges or special treatment, irrespective of one's actual achievements or efforts.

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