The following events occurred for johnson company:

1. received investment of cash by organizers and distributed to them 1,000 shares of $1 par value common stock with a market price of $40 per share
2. purchased $15,000 of equipment, paying $3,000 in cash and owing the rest on accounts payable to the manufacturer
3. borrowed $10,000 cash from a bank
4. loaned $800 to an employee who signed a note.
5. purchased $13,000 of land paid $4,000 in cash and signed a mortgage note for the balance

required:
prepare journal entries for the above transactions. (if no entry is required for a transaction/event, write 'no entry required.')

The table below is comparing level of education achieved to the rate of unemployment and the median weekly earnings in 2008. based on the information provided, the unemployment rate decreases the most when moving between which two consecutive educational levels? a. “less than high school” and “high school graduate” b. “high school graduate” and “some college, no degree” c. “associate degree” and “bachelor’s degree” d. “professional degree” and “doctoral degree”

Side bar toggle icon performance in last 10 qs hard easy performance in last 10 questions - there are '3' correct answers, '3' wrong answers, '0' skipped answers, '1' partially correct answers about this question question difficulty difficulty 60% 42.2% students got it correct study this topic • demonstrate an understanding of sampling distributions question number q 3.8: choose the correct estimate for the standard error using the 95% rule.

The following selected circumstances relate to pending lawsuits for erismus, inc. erismus’s fiscal year ends on december 31. financial statements are issued in march 2019. erismus prepares its financial statements according to u.s. gaap. required: indicate the amount erismus would record as an asset, liability, or not accrued in the following circumstances. 1. erismus is defending against a lawsuit. erismus's management believes the company has a slightly worse than 50/50 chance of eventually prevailing in court, and that if it loses, the judgment will be $1,000,000. 2. erismus is defending against a lawsuit. erismus's management believes it is probable that the company will lose in court. if it loses, management believes that damages could fall anywhere in the range of $2,000,000 to $4,000,000, with any damage in that range equally likely. 3. erismus is defending against a lawsuit. erismus's management believes it is probable that the company will lose in court. if it loses, management believes that damages will eventually be $5,000,000, with a present value of $3,500,000. 4. erismus is a plaintiff in a lawsuit. erismus's management believes it is probable that the company eventually will prevail in court, and that if it prevails, the judgment will be $1,000,000. 5. erismus is a plaintiff in a lawsuit. erismus’s management believes it is virtually certain that the company eventually will prevail in court, and that if it prevails, the judgment will be $500,000.