Answer and Explanation:
According to the scenario, journal entry of the given data are as follow:-
Journal Entry
Cash A/c (10,000 ×$50) Dr. $500,000
Additional paid in capital A/c $280,000
To Treasury stock A/c(10,000 × $78) $780,000
(Being the reissue of treasury shares is recorded)
For recording this we debited the cash as it increased the cash and debited the additional paid in capital as it reduced the stockholder equity and credited the treasury stock
Quality resources used in the production process
Answer:
(D)U.S. Treasury Bills
Explanation:
T-Bills do not have a reinvestment risk because they cannot be reinvested. They are short-term investment options (usually a year), that do not have regular interest payments like a bond, and whose gain for the investor lies in the value that is paid when the t-bill reaches maturity.
A news reading app is a type of advertising in an online publications that consisted of hundreds of highly targeted on Internet along with magazines created by users.
<h3>What is the
Flipboard?</h3>
A news-reading app gathers articles from around the web and delivers them to one's device in attractive Smart Magazines that you can tailor to your own interests.
In conclusion, it is a true statement that the news reading app is a type of advertising in an online publications that consisted of hundreds of highly targeted on Internet along with magazines created by users.
Read more about Flipboard
<em>brainly.com/question/26293415</em>
Answer:
Deal, Inc. working capital will be overstated while there will be a nil net effect on cash flows from operating activities.
Explanation:
The working capital of an entity is the difference between the entity's current asset and current liabilities at a given time or period. The operating activities of the cash flow statement is where the net income and changes in current liabilities are considered in the cash flow statement.
As such, when a company fails to accrue for sales salaries On December 31, Year 4, and the salaries are payable on January 6, Year 5, the current liabilities of the company would be understated and as such, it's working capital will be overstated.
Also, the net income will be understated as the corresponding entry in the accrual for sales salaries is an expense. Also, the ending balance of accrued sales salaries will be understated result in a nil effect on the operating activities of the cash flow.
