Answer:
No entry is made for this transaction
Explanation:
Given:
The liability side of a balance sheet:
In this scenario, Ziegler Corporation split his shares, a 2-for-1 stock split.
According to company law, there is no Particular entry will be made for split share, because it has no impact on the total equity amount.
Only a memo entry will be created to recognize this type of transaction.
16/52 maybe :) There are 52 card in the deck then the diamonds and jokers would make 16. Maybe I'm not really sure but maybe. Hope this helps!!
Answer: Is useful to managers in planning and decision making.
Explanation:
The Contribution approach to the income statement helps the company understand better the behaviour of it's variable and fixed assets because the Contribution Margin approach first subtracts variable costs from revenue and then subtracts fixed costs.
This allows the company to know which of the costs are more taxing on the company thereby enabling the company to know which to work on. It is therefore useful to managers in planning and decision making.
"C is correct answer." Gloria's flower shop is an example of a proprietorship. "Hope it helped you!" "Have a great day!" "Thank you so much!"
Answer:
Statement of Net Assets or statement of financial position.
Explanation:
Statement of net assets shows the permanently restricted, temporarily restricted, and unrestricted funds. This is represented into he equity section.
A template for the creation of statement of financial position is provided by the IRS form 990.
Unrestricted assets are donations to the organisation that can be used for general expenses.
Temporarily restricted assets are set aside for a particular project by donors
Permanently restricted assets are those that are invested in perpetuity, and the revenue earned is used for a specific purpose.