BDarin Company Issued Common Stock to Investors and Received $50,000

question 17

Multiple Choice

B.Darin Company issued common stock to investors and received $50,000.Which of the following statements about this transaction is correct?

• A)This is an example of a cash inflow from an investing activity.
• B)The journal entry to record this transaction will include a credit to Cash.
• C)This is an example of a cash outflow from a financing activity.
• D)The journal entry to record this transaction will include a credit to Common Stock.

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Definitions:

Geometric Isomers

Molecules that have the same formula and sequence of bonded atoms, but differ in the three-dimensional orientations of their atoms in space.

Enantiomers

Two isomeric chemical compounds that are mirror images.

Carotenoids

A group of yellow to orange plant pigments synthesized from isoprene subunits; include carotenes and xanthophylls.

Vitamin A

An essential fat-soluble vitamin important for vision, growth, cell division, reproduction, and immunity.