Answer:
See attached file
Explanation:
The Retained Earnings Statement is prepared to show changes in the amount of retained earnings over the accountable period. Retained earnings and Stockholders´ contributions are the main accounts in Stockholders´ Equity.
The first ones are profits reserved by the company to invest in future projects rather than distribute as dividends to shareholders, that’s why are calculated as follows:
Retained Earnings Final Balance = Retained Earnings Beginning balance – Dividend in cash – Stock dividend + Net Income – Net loss.
Stock Divided will register as Stockholders´ contributions.
Answer:
The correct answer is: increase in the price of the good will increase the firm's revenue.
Explanation:
When the demand for goods has a price elasticity of 0.5, it implies that the demand is relatively inelastic. This implies that a proportionate change in price will cause less than proportionate change in price.
So when the firm increases the price of a good, this will lead to a smaller decline in the quantity demanded of the commodity. As a result, the total revenue will increase.
Answer:
b account payable is your answer.....
Explanation:
B. Accounts Payable
Answer: (A) Relationship-oriented
Explanation:
The relationship-oriented is one of the type of leadership style whose aim is to focus on motivating other people and also provide the satisfactory solution to the different types of team members by establishing an emotional and a meaningful relationship.
According to the given scenario, Anna has a relationship oriented as Anna is the team leader and he also believed that the he can provide a valuable resource to an organization because of hardworking and the sincere nature towards the work.
Therefore, Option (A) is correct answer.
Answer:
December 31
DR Cash $139,875
DR Discount on Bonds Payable $10,125
CR Bonds Payable $ 150,000
Explanation:
Cash
Because Wintergreen is selling at $93.25 when Par Value is usually at $100, they are selling at a discount.
Cash Received = 150,000 * 93.25/100
= $139,875
Discount on Bonds
= 150,000 - 139,875
= $10,125
