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Sunny_sXe [5.5K]
3 years ago
6

The Accounts Payable subsidiary ledger __________.

Business
2 answers:
Murrr4er [49]3 years ago
6 0
The account payable subsidiary ledger is the accounting ledger that is used to document the transaction histories of a company's suppliers. For each supplier, it show the amount of money owned by the company as a result of goods that the suppliers give to them on credit. Account payable ledger is used to document the amount payable to suppliers.
Sunny_sXe [5.5K]3 years ago
6 0

the answer is B

lists accounts for which the company owes money.

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Viefleur [7K]
Sub to NuriFN and it will help you so much
6 0
4 years ago
On October 1, Hawking Corp. had 40,000 shares of $2 par value common stock outstanding before it declared a 2-for-1 stock split.
Naily [24]

Answer:

1. After the split, how many shares of common stock are outstanding and what is their par value per share?

40,000 stocks outstanding x 2 = 80,000 stocks outstanding after the stock split

par value of each stock = $2 / 2 = $1

Aren't both questions the same?

2. After the split, the number of shares outstanding is <u>80,000</u> and the par value per share is <u>$1</u>.

Explanation:

When a stock split happens, the total number of outstanding stock is just multiplied by the stock split factor, in this case it was 2, but other times it might be 4 or 7 (like Apple stock). You just multiply total outstanding stock by the split number. On the other hand, par value is calculated by dividing the current par value by the split number.

5 0
3 years ago
The quantity of coffee sold fell sharply last month, while the price remained the same. Five people suggest various explanations
RoseWind [281]

Answer:

Sam

Tereza

Andrew could be right, but it depends on the magnitude changes,

Explanation:

Lorenzo is wrong because if supply decreased and the demand was unit elastic, then the equilibrium quantity will fall but the price will increase.  

Neha is also wrong because a perfect inelastic supply is a vertical line parallel to the y-axis, then if this supply decreases (shifts to the left) the equilibrium quantity will decrease but the price will increase.  

Sam is right because a perfectly elastic demand is a horizontal line parallel to the x-axis. and if supply decreases (or increases) the price will remain the same but the equilibrium quantity will decrease ( or if demand increases, it will increase).  

Teresa is also right because a perfect elastic supply looks the same as a perfect elastic demand, then if demand decreases (or increases) price will remain the same and the equilibrium quantity will decrease (or if demand increases, it will increase).  

Andrew could be right but depends on the magnitude change in demand and supply. If both (supply and demand) decrease in the same proportion, the equilibrium quantity will decrease, and the price could remain the same. But, it depends on the magnitude shifts.

5 0
3 years ago
LUVFINANCE, Inc. is estimating its WACC. The firm could sell, at par, $100 preferred stock that pays a 10 percent annual dividen
ioda

Answer:

the cost of new preferred stock financing is 10.66%

Explanation:

The computation of the cost of new preferred stock financing is given below:

= Annual dividend ÷ [ Price × (1 - flotation cost) ]

= $10 ÷ [ $100 × (1 - 0.0622) ]

= $10 ÷ $ 93.78

= 10.66%

Hence, the cost of new preferred stock financing is 10.66%

The same is to be considered and relevant

4 0
3 years ago
A category of data such as a customer's name, city, state, or phone number is called a?
GalinKa [24]

A category of data such as a customer's name, city, state, or phone number is called a field.

<h3>What is a field in data organization?</h3>

Field can be regarded as the smallest unit of data organization,  which contains a specific category of data , and these data could be  customer's name, city, state or phone number.

Hence, A category of data such as a customer's name, city, state, or phone number is called a field.

Learn more about data organization on:

brainly.com/question/21428222

#SPJ1

5 0
2 years ago
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