Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. hayes company sold 10,000 shares of kenyon co. com

Hayes Company sold 10,000 shares of Kenyon Co. common stock for $27.50 per share, incurring...

60.1K

Verified Solution

Question

Accounting

Hayes Company sold 10,000 shares of Kenyon Co. common stock for $27.50 per share, incurring $1,770 in brokerage commissions. These securities originally cost $260,000. Prepare the entry to record the sale of these securities.

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

Q

0.170g of caffeine is dissolved in 10.0mL of water. The caffeine is extracted from the aqueous...

Chemistry
Q

what are the effect of anxiety disorders on human body?

Medical Sciences
Q

A test of a driver’s perception/reaction time is being conducted on a special testing track with...

Civil Engineering
Q

Post an example of a social media message from a major brand. Identify the audience and...

General Management
Q

Consumers currently make 33 percent of in-store payments with cash, 14 percent by check, 19 percent...

Finance
Q

Tracheary elements are living hollow cells with thin primary cell walls while sieve elements are...

Biology
Q

40 metabolic reactions must be balanced the flow of energy connects living things to their...

Biology
Q

8 6 1 9 Listen Which of the following is photosynthetic Diatoms Plasmodium slime molds...

Biology
Q

A ray of light which is initially horizontal passes through a glass cylinder of radius...

Physics
Q

2 10 In which quadrant is the angle A QI B QII C OIII

Geometry
Q

Determine the equation of the tangent line to the curvezy = IngIat x = 1:Oy=-x+1Oy=-x-1Oy=x-1Oy=x+1

Calculus
Q

Please help. The first picture is the instructions and the second is the question. ...

Accounting