In order to raise capital without borrowing, companies can issue stock. It is because stock can give an income through the company by sell it in several amount.
A stock generally can be described as an general term used to describe the ownership certificates of any company. A share or also known as a stock refers to the stock certificate of a particular company. There are several types of stocks, such as Common stock, Large-cap stocks, Mid-cap stocks, Small-cap stocks, Domestic stock. Preferred stock, International stocks, and also Growth stocks.
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Answer:
non public agency records
Explanation:
Based on the information provided within the question it can be said that this is an example of non public agency records. These are any types of records produced by agencies that do not routinely release their data to the public. Such agencies can include police departments, Prisons and other rehabilitation facilities, and courthouses, among others. Therefore the records that the researcher managed to get his hands on at the Police department are known as non public agency records.
Answer:
The correct answer is D: Total= $154800
Explanation:
Giving the following information:
Purchase price= $140000
Sales tax= $8000
Delivery charge from seller's location= $1,800
Special racks for storage= 3,000
Normal repairs= $1,100
Signs painted on the truck= $2,000
Insurance on the truck before it was used for the first time $3,000
Cost of truck=
Purchase price= $140000
Sales tax= $8000
Delivery charge from seller's location= $1,800
Special racks for storage= 3,000
Signs painted on the truck= $2,000
Total= $154800
Answer:
a. It should not be accounted for until it is received.
Explanation:
When a donor make a promise to make a donation of certain amount of money to a not-profit-organization, the amount is referred to as a pledge.
There are two important variations of a pledge depending on the conditions attached to it. These variations have to be considered when the pledge is being accounted for. The following are the two variations:
1. Unconditional pledge: This occurs when a pledge is committed to by a donor without any reservation. In this case, the funds will be recorded as revenue and an account receivable by the not-for-profit organisation that is receiving it.
2. Conditional pledge: This occurs when a pledge is committed to by a donor but with a condition to be met attached to it. That is, the donor promises the organisation certain amount of money contingent upon some future event. In this case, the not-for-profit organisation will not record anything. The organisation has to wait until the condition is met. When the condition is eventually met, the pledge will then be recorded as revenue and an account receivable.
The answer:
Since a pledge of $10,000 received by the League has a condition attached to it that the donation will not be received for three years, that is, it will not be received until after three years, the pledge is considered as a conditional pledge. Therefore, the League will not record anything until after it receives the pledge.
Therefore, the Cats and Dogs League should not be accounted for until it is received.
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Answer:
$129,000
Explanation:
Calculation for what the correct gross profit would be:
Correct gross profit =$410,000-($261,000+$20,000)
Correct gross profit =$410,000-$281,000
Correct gross profit =$129,000
Therefore the correct gross profit would be:$129,000