A B. 51 Red Yes 52 Red Yes 53 Red Yes 54 Blue No 55 Red Yes a Image not displaying? =IFNA(A51="Red","Yes","No") O=COUNTIF(A51="Red", "Yes","No") =SUMIF(A51="Red", "Yes","No") O=IF(A51="Red", "Yes","No") =SHOWIF(A51="Red", "Yes","No") E F Staff ID 19106 D 42 Conference Room Location 43 D East 44 C North 45 A South 46 E South 47 B South 48 49 =$D$44 19122 19107 19104 19147 Image not displaying? O C, North, 19122 O CA, E Ос, С, С C, South, South O C, South, 19104

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A company sells 10,000 shares of previously authorized stock at the par value of $10 per share. What's the correct entry to record the transaction? Debit cash $10, credit capital stock $10 Debit cash $100,000, credit capital stock $100,000 Debit cash $10,000, credit capital stock $10,000 Debit cash $100,000, credit treasury stock $100,000 Debit capital stock $100,000, credit cash $100,000

Question 10 / 11 You know these facts about a company's prior calendar year: • Beginning inventory: 100 units at $10 each • Ending inventory: 50 units at $9 each • Inventory purchased for resale during the year: $2,000 What can you calculate using this information? Select all that apply. Gross sales Net profit Contribution margin Cost of goods sold None of the above

<p>Question 6 /12</p> <p><strong>A company receives $10,000 in cash for services yet to be performed.</strong></p> <p><strong>Using the accrual method, what's the correct entry to record the transaction?</strong></p> <p>(A) Debit cash $10,000, credit accounts receivable $10,000</p> <p>(B) Debit cash $10,000, credit sales revenue$1 0,000</p> <p>(C) Debit sales revenue $10,000, credit cash $10,000</p> <p>(D) Debit cash $10,000, credit unearned revenue $10,000</p> <p>(E) Debit cash $10,000, credit accounts payable $10,000</p> <p>&nbsp;</p> <p>Question 7 /12</p> <p><strong>Per company policy, tools with a purchase price greater than $1,000 are capitalized. What's the correct entry to record a tool purchase of $500?</strong></p> <p>(A) Debit tools expense $500, credit cash $500</p> <p>(B) Debit fixed asset $500, credit tools expense $500</p> <p>(C) Debit fixed asset $500, credit cash $500</p> <p>(D) Debit fixed asset $1,000, cred it cash $1,000</p> <p>(E) Debit tools expense $1,000, cred it cash $1,000</p> <p>&nbsp;</p> <p>Question 9 /12</p> <p><strong>A company performs $10,000 of services and issues an invoice to the customer. Using the accrual method. what's the cored entry to record the transactions?</strong></p> <p>(A) Debit unearned revenue $10,000, credit salles revenue $10,000</p> <p>(B) Debit accounts payable $10,000, credit sales revenue $10,000</p> <p>(C) Debit services expense $10,000, credit sales revenue $10,000</p> <p>(D) Debit cash $10,000, credit sales revenue $10,000</p> <p>(E) Debit accounts receivable $10,000, credit salles revenue $10,000</p>