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Marta_Voda [28]
2 years ago
6

Z best, inc. issued $1,000,000 of common stock for cash. by accident, z best recorded the transaction by increasing cash and dec

reasing stockholders' equity. as a result of this entry, ______.
Business
1 answer:
kodGreya [7K]2 years ago
5 0

As a result of Z best recording the transaction by increasing cash and decreasing stockholders' equity, the result would be The accounting equation is out of balance, SE is understated, contributed capital is understated,

<h3>What happens when stock is incorrectly recorded?</h3>

When Z Best issued common stock, they should have increased cash and increased stockholders equity.

Because they did not do that, they made the stockholders equity understated and the contributed capital as well. As a result of this, the accounting equation will not balance:

Assets = Equity + Liabilities

The accounting equation will not balance because assets will be more than the sum of equity and liabilities.

Find out more on the accounting equation at brainly.com/question/14236545

#SPJ1

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Suppose two companies attempt to merge, and they operate in an industry where the postmerger Herfindahl-Hirschman index is 2,900
Allushta [10]

Answer:

Option B -  There are significant diseconomies of scope is the correct answer.

Explanation:

Option  A is, not a condition that could improve the probability that the justice department would approve the merger.

The Herfindahl-Hirschman index is based on a restricted definition of the product market or the impact of foreign competition, the merger might be allowed.

It might also be permitted if one of the firms is in financial trouble, or if significant economies of scale exist in the industry.

Significant diseconomies of scope would only serve to make the merger less likely to be accepted.

Therefore, option B is the correct answer.

6 0
3 years ago
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beks73 [17]

Answer:

The revenue that the investment in the company would increase by $100,000.

Explanation:

Though the International Accounting Standard IAS 2 Inventories says that the inventory must be recorded at lower of:

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This means though the Net realizable value increases but the cost remains the lower. This means their must not be any changes made to inventory account.

The profit earned from the increase in inventory value will be reflected in the income which will increase the net worth of the investment. So the increase in investment revenue would be by $100,000.

7 0
3 years ago
Cassandra is a 21-year-old who is still in college. She wants a credit card so she can order items online.
ycow [4]
The most logical answer to me would be A, however I recommend you don’t go with my answer JUST YET because this is an educational guess. Take time to think about my answer. Sorry if it’s wrong
4 0
3 years ago
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hammer [34]
One of the most important lessons that the Starbuck's leadership lab provides to its store managers is developing the a sense of corporate pride and responsibility, along with the element of understanding the importance of a positive customer interface and assisting the manager's in developing that positive atmosphere in the context of their stores.
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When Casey was promoted to head librarian of a small branch library, she really enjoyed the autonomy she had to hire employees,
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It is an example of an intrinsic reward.

<u>Explanation:</u>

The occurrence given above is a case of AN INTRINSIC REWARD.   There are two types  of remuneration, inborn and extraneous prize. An inborn prize is a sort of remuneration which is by and by picked up when one accomplishes a by and by set objective. An intrinsic reward is close to the individual who is occupied with a specific action.

For example, in the situation given over, the natural prize is the fulfillment and the satisfaction which Casey feels. An extraneous prize is a sort of remuneration that is given to one by a more significant position authority because of good execution.

8 0
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