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fiasKO [112]
1 year ago
10

If a company receives $12,000 from a stockholder, the effect on the accounting equation would be?

Business
1 answer:
Advocard [28]1 year ago
3 0

If a company receives $12000 from a stockholder the effect on the accounting equation would be that assets increase by $12000 and equity also increase by $12000.

Given that a stockholder pays $12000 to the company.

We are required to find the effect of the payment by the stockholder to the company in accounting equation.

Accounting equation is basically an equation which tells that assets is equal to the sum of liabilities and capital.

Assets=Liabilities+Capital

When company receives some payment from the stockholder then the cash or bank increases and accordingly assets increases and equity also increases.

Hence if a company receives $12000 from a stockholder the effect on the accounting equation would be that assets increase by $12000 and equity also increase by $12000.

Learn more about accounting equation at brainly.com/question/24401217

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Filling your individualf ederal tax returns would be best described what type of value chain?
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Answer: Government to customer (G2C)

Explanation:

Filing is one of the requirements of any business person to give proper record of what they did in their business and how they delivered to the masses. This is proper for tax clearance and returns. When filing your individual tax returns the value chain is known as government to customer (G2C). This is recommended.

5 0
4 years ago
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4 years ago
What is NOT a major purpose of orientation and socialization? A.. Contribute to the organization's bottom-line goals B. Maximize
Alexxandr [17]

Answer:

B. Maximize the potential for litigation with people who claim to be rejected on a discriminatory basis

Explanation:

Orientation in a new workplace is a term that describes a form of onboarding process which includes general or property related areas of the firm, like company standards and policies, firm culture, and job-specific aspects of responsibilities.

Also, Socialization in this regard is a form of arrangement, introduced to the values, norms, and behaviors that are required in order to be successful in the organization.

Hence, considering the available options, what is not a major purpose of orientation and socialization is option B: Maximize the potential for litigation with people who claim to be rejected on a discriminatory basis

5 0
3 years ago
The bonds issued by Manson amp; Son bear a coupon of 6 percent, payable semiannually. The bond matures in 15 years and has a $1,
bogdanovich [222]

Answer and Explanation:

The computation of the yield to maturity is as follows;

Given that

PMT = Coupon rate = $1,000 × 6% ÷ 2 = $30

Future value = $1,000

Present value = $1,000

NPER = 15 × 2 = 30 years

Since the bond sells at par so the present value would be equivalent to the future value

Also the coupon rate is equivalent to the yield to maturity i.e. 6%

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8 0
3 years ago
Planet Company had the following historical accounting data per unit: Direct materials $70 Direct labor 40 Variable overhead 20
Tasya [4]

Answer:

$216

Explanation:

Calculation to determine What would be the transfer price if Division A uses full cost plus markup

Using this formula

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Let plug in the formula

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Transfer price = 160+(160*35%)

Transfer price = 160 + 56

Transfer price = 216

Therefore What would be the transfer price if Division A uses full cost plus markup is $216

3 0
3 years ago
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