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Lesechka [4]
2 years ago
9

If $500 cash and a $2,000 note are given in exchange for a delivery truck for use in a business?

Business
1 answer:
ivann1987 [24]2 years ago
4 0

If $500 cash and a $2,000 word are given in change for a delivery truck for use in a commercial enterprise The stockholders '  equity is increased.

Shareholders' equity is the amount that the owners of an employer have invested in their enterprise. This includes the money they've without delay invested and the accumulation of income the agency has earned and that has been reinvested since inception.

Shareholder fairness is the difference between a firm's overall property and general liabilities. This equation is known as a balance sheet equation as all of the relevant information can be gleaned from the stability sheet.

Stockholders' equity has three common components: paid-in capital, treasury stock, and retained earnings. Three types of commercial enterprise entities exist companies, sole proprietorships, and drift-via entities which include partnerships. Stockholders' fairness applies most effectively to the corporate enterprise entity.

Learn more about stockholders here: brainly.com/question/14032844

#SPJ4

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People pursue _____________ projects in the market and ____________ projects in government.
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During the year a donor pledged $1,000,000 in funds to a not-for-profit private charter school. The school will receive the pled
KonstantinChe [14]

Answer:

D) It would not be recorded.

Explanation:

FASB means Financial Accounting Standards Board.

Financial Accounting Standards Board is a private, non-profit organization standard-setting body whose primary purpose is to establish and improve Generally Accepted Accounting Principles (GAAP) within the United States in the public's interest. The Securities and Exchange Commission (SEC) designated the FASB as the organization responsible for setting accounting standards for public companies in the US.

No matter what kind of restriction a donor might impose, FASB standards require nonprofits to report finances in a way that makes it clear which funds have donor restrictions and which funds come without donor restrictions. FASB standards are in three categories: “unrestricted,” “temporarily restricted,” and “permanently restricted.”

Unrestricted are those items that have no donor-imposed restrictions

Temporarily Restricted are those items that were received with a donor-imposed restriction that will be satisfied in the future (generally within one year)

Permanently restricted assets are funds of a nonprofit organization that must be used in designated ways and whose principal cannot be touched.

Since the school will recieve the pledge ONLY if it is able to raise $500,000 in funds over the next year, then the pledge would not be recorded

3 0
3 years ago
When the Fed buys​ $100 worth of bonds from a primary​ dealer, reserves in the banking system A. increase by more than​ $100. B.
ruslelena [56]

Answer:

The correct answer is D.

Explanation:

The fed buys $100 worth of bonds from a primary dealer. The fed will pay the dealer for these bonds. This will cause an increase in the total reserves by $100. The money supply will increase by more than $100. The extent of increase in the money supply depends on the required reserve ratio. This is an example of an expansionary monetary policy.

4 0
3 years ago
Company Dept. A Dept. B
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The pre-determined overhead rate per direct labor dollar for Dept. B is 1.35.

<h3>What is manufacturing overhead?</h3>

Manufacturing overhead costs are the cost associated with running a manufacturing facility.

Examples of factory overhead include

  • indirect labor costs
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<h3>What is direct labour cost?</h3>

The direct labour cost is the cost directly involved in the production of goods and services.

<h3>What is  the pre-determined overhead rate per direct labor dollar for Dept. B?</h3>

The pre-determined overhead rate per direct labor dollar for Dept. B = Estimated manufacturing overhead / Estimated direct labor cost

= $162,000 / $120,000 = 1.35

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