Answer:
<em>Increase to Cash dividends</em>
Explanation:
The entry on declaration of dividend is Retained earnings debit and credit is given to dividend payable. The cash dividend will increase to shareholders as a result of this action. The dividend payable will increase. Cash is not affected when dividends is declared. Cash is affected only when dividend is paid on August 15, 2017. Cash dividend will not decrease since dividend is paid it will increase. There are total 2 entries passed one on July 15th for dividend declaration and on August 15th for dividend payment. The record date of July 31 is only for determining which shareholders are eligible for dividend and no entry is needed.
Answer:
a. Three (3).
b. Equity.
c. Liability.
d. Asset.
e. Account.
Explanation:
a. Balance sheet accounts are arranged into three general categories. These are asset, liability and equity.
b. Common Stock and Dividends are examples of equity accounts.
c. Accounts Payable and Note Payable are examples of liability accounts.
d. Accounts Receivable, Prepaid Accounts, Supplies, and Land are examples of asset accounts.
e. An account is a record of increases and decreases in a specific asset, liability, equity, revenue, or expense item.
Answer: Prospector
Explanation: In simple words, a prospector refers to an individual or an entity that keeps exploring its environment for some personal goal. Usually these entities keeps continuous researching for innovation so that new products and practices could be developed.
In the given case, Free spirit keeps searching for new product development
and uses different platform for their promotional purposes.
Hence from the above we can conclude that it free spirit is a prospector.
Answer:
Additional paid in capital decrease by 100 as a result of the acquisition
Explanation:
Treasury Stock 600 (100 shares x $6)
Additional Paid-In Capital 100 (100 shares x $1)
cash 1,000 (100 shares x $10)
Additional Paid-In Treasury Stock 300
One of the best-reported predictors of college adjustment is<u> "high self esteem".</u>
Self-esteem is your general conclusion of yourself — how you feel about your capacities and restrictions. When you have solid Self-esteem, you like yourself and consider yourself to be meriting the regard of others.
The advantages of a high Self-esteem are many. Kids who have high Self-esteem come to esteem themselves and consider themselves commendable accomplices and skilled issue solvers. They build up a solid adjust of preferring their identity, yet additionally perceiving that there are ways they can proceed to develop and to create.
