Prepare the journal entry to record jevonte company's issuance of 36,000 shares of its common stock assuming the shares have a:

a. $2 par value and sell for $18 cash per share.

b. $2 stated value and sell for $18 cash per share.

a

Dr Cash ($18 x 36,000 shares)                               $ 648,000

Cr Common Stock  ($2 x 36,000 shares)               $72,000

Cr Share premium ($16,000 x 36,000 shares)       $576,000

b

Dr Cash ($18 x 36,000 shares)                                      $648,000

Cr Common Stock  ($2 x 36,000 shares)                     $ 72,000

Cr Share premium  ($16 x 36,000 shares)                     $576,000

Explanation:

On both situations the journal entries remain the same.

The cash amount received of $648,000 shall be debited while the nominal values of the shares of $2 each shall be credited to the share capital account and the balance of $16 each shall be credited to share premium.

ans.

heterothermic organisms include those organisms that can switch between homeothermic (having body temperature higher than environment) and poikilothermic (having variation in internal body temperature) strategies.

some migratory birds show heterothermy as they decrease their metabolic rate during cold nights to keep their body temperature low. drop in metabolic rate allows increase in production efficiency of birds that reduces the internal body temperature to make it equal to external cold temperature during cold nights.

thus, the correct answer is 'birds allow their temperature drop in order to increase their production efficiency.'

answer; common market;