Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. in addition to 100,000 shares issued in ipo, the r

In addition to 100,000 shares issued in IPO, the restaurant again issued 50, 000 shares...

70.2K

Verified Solution

Question

Accounting

In addition to 100,000 shares issued in IPO, the restaurant again issued 50, 000 shares of common stock to a private equity investor. The stock has a par value of $0.01 with a total value of $500,000 in 2022. How would this be recorded?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

GnuYak Industries is considering a new project that will last for three years. This project requires...

Medical Sciences
1.2K views

True false questions Neuron cell bodies are only found in CNS but not in PNS, while axons...

Civil Engineering
1.2K views

The following data on chlorine dioxide added as a disinfectant to water     Time (minutes) Residual Concentration (mg/L) 5 0.90 10 0.88 20 0.72 25 0.61 60 0.28 235 0.08 Determine:   a)...

Biology
1.2K views

Select all the correct answers A team of marine biologists have discovered certain rare species...

Biology
1.2K views

The diagram below shows a single bacterial colony before shortly after and one hour after...

Biology
1.2K views

Which ONE of the following models of the effects of the media on audiences suggests...

Physics
1.2K views

The graph between radiation power from a linear antenna and square of length of antenna...

Physics
1.2K views

N P A mass of 2 23 kg is placed on a vertical spring What...

Accounting
1.2K views

For the year just ended, a company reports net income of $4,300,000. There are 900,000...

Finance
1.2K views

Can i get neat and detailed explaination Tamarisk Company is considering changing...

Finance
1.2K views

A) What does it mean to short-sell a stock? B) What is the difference between...

Finance
1.2K views

Weiland Company shows the following information on its 2022 income statement: sales =$153,500; costs =$81,800;...