Jarvis Corporation Makes an Investment in 100 Shares of Saxton

question 11

Multiple Choice

Jarvis Corporation makes an investment in 100 shares of Saxton Company's common stock. The stock is purchased for $45 a share plus brokerage fees of $280. The entry for the purchase is:

• A) Cash 4,500 Stock Investments - Saxton Company 4,500
• B) Stock Investments - Saxton Company 4,780 Cash 4,780
• C) Stock Investments - Saxton Company 4,500 Brokerage Fee Expense 280
• Cash 4,780
• D) Stock Investments - Saxton Company 4,500 Cash 4,500

---

Definitions:

Intracellular Thirst

A form of thirst resulting from the osmotic pressure changes within cells, often caused by high intake of salt or loss of water.

Extracellular Thirst

Thirst caused by reduced volume of the extracellular fluid, which is the fluid outside the cells.

Lateral Hypothalamus

A part of the hypothalamus gland which plays a role in hunger and thirst; sometimes referred to as the hunger center of the brain.

Feeding Center

A region in the brain, specifically within the hypothalamus, that is responsible for the regulation of hunger and food intake.