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question 179

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Use the following information to answer the question below. When Langston Corporation was formed on January 1,20x5,the corporate charter provided for 100,000 shares of $10 par value common stock.The following transactions were among those engaged in by the corporation during its first month of operation:
1) The corporation issued 400 shares of stock to its lawyer in full payment of the $10,000 bill for assisting the company in drawing up its articles of incorporation and filing the proper papers with the state agency.
2) The company issued 16,000 shares of stock at a price of $50 per share.
3) The company issued 14,000 shares of stock in exchange for equipment that had a fair market value of $320,000.

-The entry to record transaction 2 is


Definitions:

Personal Space

A zone of space surrounding a person that is felt to “belong” to that person.

Communication Process

The communication process is the sequence of steps through which information is conveyed from a sender to a receiver, encompassing message creation, transmission, reception, and interpretation.

Sender

The entity in communication who is responsible for creating and transmitting a message to a receiver.

Intrapersonal Communication

The process of internal dialogue or communication with oneself, which involves thinking, self-talk, and personal reflection.

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