Mary Parker Co. invested $15,000 in ABC Corporation and received capital stock in exchange. Mary Parker Co.'s journal entry to record this transaction would include a:
A. Debit to investments.
B. Credit to retained earnings.
C. Credit to capital stock.
D. Debit to expense.
Ans: A. Debit to investments.
Business
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Retirement fund withdrawals are usually taxed as ________ income
A) short-term capital gains B) long-term capital gains C) ordinary D) tax-free
Business
Three higher-layer protocols defined as part of SSL and used in the management of SSL exchanges are: The Handshake Protocol, The Change Cipher Spec Protocol, and the __________ .
What will be an ideal response?
Business