Using the Following Accounts

question 34

Multiple Choice

Using the following accounts:
Indicate the account(s) to be debited and credited to record the following transaction.
-Exchanged common stock for a building and land when the stock was selling at a discount.
Debit ________ & ________ & ________ Credit ________

• A)Subscription receivable-common stock
• B)Cash
• C)Machinery
• D)Building
• E)Land
• F)Organization costs
• G)Preferred stock
• H)Common stock
• I)Paid in capital in excess of par value - common
• J)Paid in capital in excess of par value - preferred
• K)Common stock subscribed
• L)Discount on common stock
• M)Organization Expense

---

Definitions:

Mortality Salience

The awareness by individuals that their death is inevitable, which can influence behaviors and attitudes.

Sexism-related Words

Language or terms that perpetuate stereotypes or discrimination based on a person's sex or gender.

Computer Task

A specified operation or series of operations performed by a computer, often used in research to assess cognitive or behavioral responses.

Social Dominance Orientation

A personality trait that predicts individuals' preference for hierarchical versus egalitarian social relations.