Answer:
Explanation:
I am sorry but please give detailed question
Answer:
corporate mission or marketing strategy area
Explanation:
Based on the information provided it can be said that this is an example of the corporate responsibility strategy being a part of the corporate mission or marketing strategy area. This refers to a specific sentence that encompasses the company's function, philosophies and goals which they strive to achieve and is the entire reason for existing in the market.
Answer:
Equity account
Explanation:
In the case when the cash is received in exchange of the common stock so here the cash is debited and credited the common stock i.e. equity account
The journal entry is
Cash Dr XXXXX
To Common stock XXXXX
(Being exchange is recorded)
here cash is debited as it increased the assets and credited the common stock as it also increased the equity
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