The Entry to Record the Issuance of 2,000 Shares of $1

question 85

Multiple Choice

The entry to record the issuance of 2,000 shares of $1 par-value common stock for $8 a share consists of a debit to Cash for $16,000 and:

• A)a credit to Common Stock for $2,000 and a credit to Paid-in Capital in Excess of Par Value
• -Common Stock for $14,000.
• B)a credit to Common Stock for $2,000 and a credit to Gain on Sale of Common Stock for
• $14,000.
• C)a credit to Common Stock for $14,000 and a credit to Treasury Stock for $2,000.
• D)a credit to Common Stock for $16,000

Explain concepts of prezygotic and postzygotic reproductive isolation mechanisms.

Understand the use and functionality of the ArrayList class in Java.

Comprehend the concept and application of generics in Java programming.

Distinguish between fixed-size arrays and dynamic arrays, specifically ArrayLists.

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Definitions:

Reciprocal Service

A mutual exchange of services or resources between two parties or departments within an organization.

Mutual Service

A collaborative arrangement where organizations or individuals provide services to each other for mutual benefit, often without monetary exchange.

Reciprocal Approach

A method used in managerial accounting to allocate costs among departments or units when there are mutual services provided between them.

Support Department Costs

Costs incurred by departments that do not directly produce goods or services but provide support to other departments that do.