If a Corporation Issues 5000 Shares of $5 Par Value

question 18

Multiple Choice

If a corporation issues 5000 shares of $5 par value common stock for $85,000,the journal entry would include a credit to:

• A)Common Stock for $85,000.
• B)Paid-in Capital in Excess of Par-Common for $85,000.
• C)Common Stock for $60,000.
• D)Paid-in Capital in Excess of Par-Common for $60,000.

Understand the basic concepts and structures used in website design.

Identify the different types of reports and their purposes within a business context.

Distinguish between informational and analytical reports.

Recognize different proposal types and their specific requirements.

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Definitions:

Human Resources

The department within an organization that deals with the hiring, administration, and training of personnel.

Screening Job Candidates

The process of evaluating potential employees to determine their suitability for a particular position.

Recruitment Advertising

Utilizing different media platforms to post job openings aimed at attracting a wide range of candidates; a rephrased definition for Employment Advertising.

Pay Grade

A level within a pay structure that determines the range of salary amounts that an employee can earn in a particular position.