Lorella Entered into a Common Share Subscription Contract for 1,000

question 164

Multiple Choice

Lorella entered into a common share subscription contract for 1,000 shares at a subscription price of $20.She paid 20% of the total price as a down payment and also paid the next two 20% instalments (she paid 60% in all) .Lorella then defaulted on the contract and refused to pay any more.Assuming the company must issue shares in proportion to the cash paid, the entry to record the default would include:

• A)dr.common shares subscribed $20,000
• B)dr.common shares subscribed $12,000
• C)dr.subscriptions receivable $8,000
• D)dr.common shares $12,000

Understand the role of traditional agriculture and its comparison with large-scale modern farming techniques in global food security.

Understand the impacts of malnutrition on human health, including increased susceptibility to infections and deficiency diseases.

Describe various agricultural techniques to increase crop yields, including crossbreeding, genetic engineering, and polycultures.

Recognize the features and objectives of the second green revolution.

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Definitions:

AND

A logical operator used in programming and mathematics that results in true only if all the operands are true.

Serial Number

A unique identifier assigned to individual items, often used for tracking and inventory purposes.

Time

A constant progression in which events pass from the past through the present to the future.

Currency

A system of money in general use in a particular country or region for the exchange of goods and services.