Dakota Equipment,Inc Issued 4,000 Shares of Its $1 Par Value

question 2

Essay

Dakota Equipment,Inc issued 4,000 shares of its $1 par value common stock for $20 per share on January 1,2011.On the same day,the company purchased a piece of land costing $10,000 and a building costing $40,000.The yearly depreciation on the building is $2,000.
Required:
Prepare the general journal entries to record the stock issue and the purchase of the land and building on January 1 and the depreciation expense on December 31,2011 (assuming that no adjusting entries were made during the year).

Analyze the motivations and effects of immigration to the United States during this period.

Recognize the expansion of blue-collar work and its driving factors between 1870 and 1910.

Assess the role and impact of key labor movements and reactions to them, including strikes and the formation of labor unions.

Understand the influence of ideologies such as social Darwinism and nationalism in shaping economic and political policies.

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Definitions:

Performance Tasks

Assessment tasks that require individuals to apply their knowledge, skills, and abilities to solve real-world problems.

Creative Children

Children who exhibit the ability to think outside the box, generate innovative ideas, or approach problems in novel ways.

Convergent Thinking

A thought process that attempts to focus on the single best solution to a problem.

Intellectual Growth Spurt

A period of rapid cognitive development, often occurring during childhood and adolescence, characterized by significant advancements in reasoning, problem-solving, and understanding.