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Sholpan [36]
1 year ago
12

which of these line items appears on both the statement of stockholders' equity and the balance sheet?

Business
1 answer:
Bad White [126]1 year ago
5 0

Net income

What is net income?

Net income can either be added to retained earnings by the company or given as a dividend to ordinary stockholders. Net earnings and net profit are frequently used as synonyms for net income because profit and earnings are used interchangeably for income (depending on usage in the UK and the US as well). Net income is frequently substituted with the word income, but this is not preferred owing to potential ambiguity. Because net income is often located on the last line of a company's financial statement, it is colloquially known as the bottom line (a related term is top line, meaning revenue, which forms the first line of the account statement).

To learn more about Net Income

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Adair Valley issued $20,000,000 of general obligation bonds to construct a multipurpose arena. These bonds will be serviced by a
Arlecino [84]

Answer: Please see explanation column for answer.

Explanation:

a) Journal entry to record the budget

Account                                           Debit                     Credit

Estimated   Revenues         $2,500,000

Appropriation                                                        $2,000,000

Budget fund                                                           $500,000

Calculation    

Budget fund= Estimated Revenues-Appropriation   = $2,500,000- $2,000,000= $500,000

b) Journal entry to record the  the expenditure when the interest comes due for payment.

Account                                           Debit                     Credit

Expenditure Interest              $2,000,000

Matured Interest payable                                            $2,000,000

7 0
3 years ago
Private placements can be advantageous, compared to public issue, because: I. Private placements are cheaper to market than publ
Maurinko [17]

Answer:

Private placements

Explanation:

private placements are cheaper to market than public issues

8 0
3 years ago
Kirksand Airlines is well known for providing excellent customer service to its flyers. The staff members inquire about each fly
patriot [66]

Answer: Personalization

Explanation: In simple words, personalization refers to the altering of product or services by the producer with the objective of increasing the customer satisfaction.

In the given case, the employees of Kirksand airlines respond to the specific needs of the customers readily. They are flexible in their operations and always be ready to fulfill specific requests.

Hence, from the above we can conclude that the correct option is B.

7 0
3 years ago
On the summer solstice in june, the sun will be directly above ____________ and all locations north of ___________ will experien
svetlana [45]
<span>The summer solstice is the day of the year when the sun is the farthest north, over the Tropic of Cancer, 23.44 degrees (or 23 degrees 26 minutes) north of the equator. On that day, all locations north of the Arctic Circle experience 24 hours of daylight.</span>
3 0
3 years ago
Pull dates indicate the last day a product should be sold.From the items listed, which one is most likely to have a pull date?
AlladinOne [14]
Hello M5irenflorevert,
I would say bread because it is the most perishable food on that list.
Even after a few days it can get crusty and nasty.
~Naterator
Please Thank If This Helped <3
3 0
3 years ago
Read 2 more answers
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