Strength Inc

question 138

Multiple Choice

Strength Inc.sold 10,000 shares of $1 par value stock for $25 per share.How would the company record this transaction?

• A)Debit Cash for $250,000 and credit Common Stock,$1 Par Value for $250,000.
• B)Debit Cash for $240,000 and credit Common Stock,$1 Par Value for $240,000.
• C)Debit Cash for $250,000,credit Common Stock,$1 Par Value for $10,000,and credit Paid-In Capital,Common Stock for $240,000.
• D)Debit Cash for $240,000,credit Common Stock,$1 Par Value for $10,000,and credit Paid-In Capital,Common Stock for $230,000.
• E)Debit Cash for $240,000,debit credit Paid-In Capital,Common Stock for $10,000,and credit Common Stock,$1 Par Value for $250,000.

Evaluate the validity and effectiveness of evidence and reasoning in persuasive efforts.

Identify various types of informational constraints in project completion scenarios.

Distinguish between different types of logical fallacies and reasoning in persuasive texts.

Appreciate the significance of avoiding logical fallacies for maintaining the credibility of arguments.

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Definitions:

Barbiturates

A class of drugs used as sedatives and sleeping aids, which can be habit-forming and have been largely replaced by safer alternatives for most applications.

Insomnia

A sleep disorder that makes it difficult for someone to fall asleep, stay asleep, or causes them to wake up too early and not be able to get back to sleep.

Nausea

A sensation of discomfort and unease in the stomach, often preceding vomiting.

Alcohol

a colorless, volatile, flammable liquid that is the principal type of alcohol found in alcoholic beverages.