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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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Create a Painting class that holds the painting title, artist name, and value. All Paintings are valued at $400 unless they are
AlexFokin [52]

Answer:

#include<iostream>

#include<string>

#define N 10

#define M 4

using namespace std;

class Painting

{

protected:

string title;

string author;

int value;

public:

Painting(string Title="", stringAuthor="",int Value=400) {title=Title;author=Author;value=Value;}

void setTitle(string newTitle){title=newTitle;}

void setAuthor(string newAuthor){author=newAuthor;}

void display() {cout<<"Title:"<<title<<endl; cout<<"Author:

"<<author<<endl<<"Value:

"<<value<<endl;}

};

class FamousPainting:public Painting

{

public:

FamousPainting(string Title, stringAuthor, int Value=25000): Painting(Title,Author,Value){}

};

int main()

{

Painting *paintings=new Painting[N];

stringfamous[M]={"Degas","Monet",

"Picasso","Rembrandt"};

string title, author;

int i,k,j;

for(i=0;i<N;i++)

{

cout<<"Input title: ";

getline (cin, title);

cout<<"Input author: ";

getline (cin, author);

k=-1;

for(j=0;j<M;j++)

if(famous[j]==author)

{

k=j;

break;

}

if(k>=0)

paintings[i]=FamousPainting(title,author);

else

paintings[i]=Painting(title,author);

}

for(i=0;i<N;i++)

{

cout<<"Painting#"<<i<<":"<<endl;

paintings[i].display();

}

return 0;

}

Explanation:

6 0
3 years ago
Roger works as a sales manager for Hi-Tech Solutions, a company that performs software consulting services. While working for Hi
son4ous [18]

Answer:

B, disgorgement

Explanation:

Funds that were received through illegal or unethical business transactions are disgorged, or paid back off.

6 0
3 years ago
Which career professionals are not required to have post-secondary education and instead typically learn through on-
Ksivusya [100]

Answer:

Sorters and Farmworkers.

Explanation:

Not for sure if this is the answer, BUT it most likely is.

6 0
3 years ago
Read 2 more answers
Explain the different management tasks.
zysi [14]

Answer:

planing

organizin

controlling

leading

5 0
3 years ago
Many people believe that pure monopolies charge any price they want to without affecting sales. Instead, the output level for a
irga5000 [103]

Answer: Option (d) is correct.

Explanation:

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The output level that is produced by the profit maximizing monopoly firm is at a point where marginal revenue is equal to the marginal cost. It is the same profit maximizing condition that a competitive firm also utilize to find their equilibrium level of output.

3 0
3 years ago
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