Answer and Explanation:
The journal entry is shown below:
Peter ($174,000 - ($66,000 ÷ 2)) $141,000
Chong ($162,000 - ($66,000 ÷ 2)) $129,000
To Cash $270,000
(Being the distribution should be recorded)
For this the capital accounts are debited as it reduced the stockholder equity and credited the cash as it also decreased the assets
Answer:
Option (b) is correct.
Explanation:
In a market condition of pure competition, there are large number of buyers and sellers of the product. The sellers in this market condition are behaving like a price taker.
If a single firm wants to increase the price of the product then as a result the demand for their product is reduced or become zero.
There are some characterstics of the firms under pure competition market condition:
(i) They are selling homogeneous products.
(ii) Price taker firms
(iii) Large no. of buyers and sellers
False, The ratio of estrogen to progesterone does not remains constant throughout pregnancy. Estrogen levels rise and progesterone levels fall in preparation for labor to begin.
<h3>What is Estrogen and progesterone ?</h3>
The two key hormones in a woman's body are progesterone and estrogen. These steroid hormones are in charge of giving the body its unique female traits.
The ovaries are a pair of ova-producing organs that support the health of the female reproductive system by creating egg cells.
The ovaries are an endocrine gland that secretes hormones, notably estrogen and progesterone, that are essential for normal reproductive development and fertility in addition to their function in ova production.
Therefore, it is False that, The ratio of estrogen to progesterone remains constant throughout pregnancy into labor.
Learn more about Estrogen here:
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