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The December 31, 2017 Condensed Balance Sheet of Bee Services

Question 92

Multiple Choice

The December 31, 2017 condensed balance sheet of Bee Services, a proprietorship, follows: The December 31, 2017 condensed balance sheet of Bee Services, a proprietorship, follows: On January 1, 2018, Bee Services was incorporated as Bee-Line Ltd., with 10,000 no par value common shares issued.How much should be credited to Common Shares? A) $370,000 B) $300,000 C) $270,000 D) $200,000 On January 1, 2018, Bee Services was incorporated as Bee-Line Ltd., with 10,000 no par value common shares issued.How much should be credited to Common Shares?


A) $370,000
B) $300,000
C) $270,000
D) $200,000

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