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Sergio [31]
2 years ago
13

Crowe company began operations on january 1, year 1. The company was organized as a sole proprietorship. During year 1, crowe ac

quired $40,000 of capital from john crowe, the owner. Also, during year 1 the company earned net income of $20,000 and john crowe withdrew $15,000 from the business. Based on this information, the company would show:.
Business
1 answer:
just olya [345]2 years ago
5 0
Stuck on the same question please tell me when you find the answer!
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If Baldwin issued 1000 shares of common stock at last year's end price, the effect on the balance sheet would be: Select: 1 Reta
nataly862011 [7]

Answer:

Equity would increase by $40,076

Explanation:

A funds could be raise from different sources by a company which include:

  •  Shares Issuance
  • Debt financing.
  • Internal sources of finances (retained earnings)

If a company issues common shares It will effect the Common stock value and Add-in-capital excess of par common shares account value will be changed. Retained earning will not be changes in case of issuance of common share but it can be in case of stock dividend.

So, from the given option most appropriate is increase in the equity value.

6 0
3 years ago
After identifying and performing the preliminary classification of an organization’s information assets, the analysis phase move
xxTIMURxx [149]

Answer:

threats

Explanation:

Based on the information provided can be said that the analysis phase moves on to an examination of the threats facing the organization. This is the process of focusing on the individuals or organizations that may cause problems for the organization in the future, in order to design a plan on how to tackle those situations.

5 0
3 years ago
Problem 5-7 Analyzing Transactions
7nadin3 [17]
I don’t see anything :/
4 0
3 years ago
Consider the relative liquidity of the following assets: Assets 1. A $50 bill 2. The funds in a savings account 3. A boat you ow
zheka24 [161]

Answer:

1,2,4,3

Explanation:

Liquidity measures how quickly an asset can be converted and used as a medium of exchange.

$50 bill is the most liquid because it can be readily used as a medium of exchange without any conversion.

The funds in a savings account is the second most liquid because because it must first be withdrawn from a bank account before it can be used as a medium of exchange. It can be converted to a medium of exchange within a day.

A bond issued by a publicly traded company is the third most liquid because it takes a longer period for it to be converted to cash.

A boat is the least liquid because it takes a long while to find a buyer for a boat.

I hope my answer helps you.

4 0
3 years ago
"In about 100 words, summarize the advantages and disadvantages of using a mall-style commerce service provider such as eBay Sto
son4ous [18]

Answer:

here are summarised  advantages and disadvantages of using mall style commerce service provider .

ADVANTAGES

  • it makes online payment processing very much possible
  • provision of internet connection
  • offering of free website hosting for ads display on there website
  • provision of shopping cart software's
  • one time set-up fee is being charged compared to other service provider who charges differently usually monthly fees.

DISADVANTAGES

  • Heavy online traffic,
  • Data mining is the  concept that is used to determine and discover  previously unknown  relationships among data

Explanation:

3 0
3 years ago
Read 2 more answers
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