Gabrial Ltd

question 106

Essay

Gabrial Ltd. was incorporated February 1, 2014 and is authorized to issue an unlimited number of preferred and common shares. The company entered into the following transactions during the year:
Feb 10 Issued 30,000 common shares for $2.30 per share.
Feb 21 Issued 4,000 common shares to the company's accountants as payment for a bill of $18,000 for services performed in helping the company to incorporate.
Mar 16 Issued 1,000 preferred shares for $95 per share.
Sep 10 Reacquired 3,000 common shares for $1.75 per share.
Instructions
Prepare the journal entries to record the above transactions.

Understanding the automation within software through custom-built miniprograms.

Comprehend the principles of object-oriented programming, including class modification and inheritance.

Gain insights into the Software Development Life Cycle (SDLC) and its phases.

Learn about code translation processes including the role of compilers and interpreters.

---

Definitions:

Transcranial Magnetic Stimulation

A non-invasive procedure that uses magnetic fields to stimulate nerve cells in the brain to improve symptoms of depression.

Operant Conditioning

A method of learning that employs rewards and punishments for behavior, where an individual learns to associate actions with consequences.

Active Listening

The practice of fully concentrating, understanding, responding, and remembering what is being said in a conversation.

Behavioral Therapist

A specialist who uses principles of behavior change, including positive and negative reinforcement, to modify maladaptive behaviors in clients.