Answer:
Debit income summary $30,00
Explanation:
Closing entries are used to move balances from temporary accounts to permanent baccounts so that a business can recognise income or loss made during an accounting period.
2/3 profit and loss is for Dana, that is (2/3)* 30,000= $20,000
1/3 of profit is assigned to Emile that is (1/3)* 30,000= $10,000
So the close out entries will be
A debit to income summary of $30,000
A credit to Dana of $20,000
A credit to Emile of $10,000
Answer:
regular work hour- employee are expected to on the basis of their employment contract.
overtime- hours worked exceed normally scheduled working hours.
ANSWER: Verbal.
Otherwise, the answer could be:
Effective.
Answer:
a) 2.40 dollars
b) 0.60 dollars
c) 2.40 dollars
Explanation:
$30 dollars x 8% = $2.40
quarterly dividend:_ $2.40 / 4 = $ 0.60
When the dividends ar cummulative, they will keep at arrear until the company declares cash dividend. The firm will not be able to pay common stock unless there are no arrear dividends to preferred stock.
Only once all the preferred dividends in arrear and current period dividends are paid, the ocvmany can distribute among their common stock.
Answer and explanation:
Free float refers to the time an activity can be delayed in a program without affecting the work to be delivered on the due date, either affecting the beginning of any subsequent activity. The free float allows extending activities until the following step starts which allows the organization to verify the current step they are in was properly completed.
Besides, in scheduling and managing a project, free-floating can be used as a tool to find out if the program has been completed fulfilling the expectations of the program and if the organization is ready and has all the elements necessary to move forward.
