Answer:
1. Option (A) is correct.
2. Option (C) is correct.
Explanation:
1. Micron's entry to record the dividend transaction is as follows:
Cash A/c Dr. $16,450
To Long - Term Investments $16,450
(In this case, since the holding interest is more than 20%, Equity method is used)
workings:
Dividend = $47,000 × 35%
= $16,450
2. The entry to record the receipt of dividend would be:
Cash A/c Dr. $12,000
To Dividend Revenue A/c $12,000
(To record the receipt of dividend)
Workings:
Dividend = 3,000 shares × $4 per share
= $12,000
I think the most appropriate answer would be "Value".
I hope it helped you!
Answer: d. unique selling proposition
Explanation:
A unique selling proposition is a unique benefit exhibited by product or brand that makes it unique or different from other brands or products.
The journal entry to replenish the petty cash account is credit to Cash for $266.
<h3>How would petty cash be replenished?</h3>
The amount that needs to be replenished is:
= Petty cash fund - cash
= 298 - 32
= $266
This amount needs to be taken from the cash account which is why the cash account will be credited with $266.
Find out more on the petty cash fund at brainly.com/question/27585546
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