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Lerner Company had the following transactions in 2013, its first year of operations. • Issued 20 000 ordinary shares. Shares were issued at $14.00 per share.
• Issued 1 000 preference shares at $100 each.
• Earned net profit of $35 000.
At the end of 2013, what is the total amount of Share capital?
Osmole
A unit of measurement for the number of particles that contribute to the osmotic pressure of a solution.
Solute
A substance dissolved in another substance, typically the component of a solution present in the lesser amount.
Normal Blood pH
The typical pH range of human blood, which is tightly regulated to stay between 7.35 and 7.45.
Blood pH
The measure of acidity or alkalinity of the blood, normally maintained within a tightly regulated range of about 7.35 to 7.45.
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