Answer:
Total Stockholders' equity was affected.
Explanation:
Stock dividend refers to distributing shares free of cost among the existing shareholders. Such a dividend does not result in resources flowing out of the entity but merely reassign amounts from retained earnings to other equity accounts. Thus, such a dividend does not affect the total equity of the stockholders. This can be seen through the following entry,
Retained Earnings $1,800,000 Dr
Common Stock, at par $1,200,000 Cr
Paid in Capital in excess
of par, Common Stock $600,000 Cr
The above transaction shows that we just redistributed the reserves by reducing retained earning by the value of stock dividend 1800000 [( 800000*0.15) * $15] and adding it to the Common Stock 1200000 [(800000*0.15) * 10] and to paid in capital in excess of par 600000 [(800000*0.15) * 5].
I believe it is A
a monopoly is when a company owns all the companies in that buisnesses
Explanation:
The Journal entry is shown below:-
a. Salary Expense Dr, $2,550
To salaries payable $2,550
(Being accrual of salary is recorded)
b. Income summary Dr, $324,750
To Salary expense $324,750
($322,200 + $2,550)
(Being closing of salary expense is recorded)
Answer:
It sacrifice short-term losses for long-term benefit.
Explanation:
As a result of you making a good business decision it allows you to absorb the short term losses in getting a better long time benefit that will last for decades of profit maximization that will cover times ten of your short term losses.
