Explanation:
The journal entries are shown below:
1. Building A/c Dr $176
Equipment A/c Dr $270
To Cash A/c $408
To Note payable A/c $38
(Being the building and the equipment is purchased for cash and note payable)
2. Cash A/c Dr $345
To Common stock $240 (120 shares × $2)
To Additional paid in capital A/c - Common stock A/c $105
(Being the common stock is issued for cash)
3. Retained earnings A/c Dr $145
To Dividend payable A/c $145
(Being the dividend is declared)
4. Short - term investment A/c Dr $7,616
To Cash A/c $7,616
(Being the short term investment is purchased for cash)
5. No journal entry is required
6. Cash A/c Dr $4,413
To Short - term investment A/c $4,413
(Being the short-term investment is purchased)
Answer: TRUE
Explanation: PERT NETWORKS is a project management system/ tool that is prepared before the commencement of a project by creating durations for each task and assigning tasks. It was developed by the United States Navy.
GNATT CHARTS are charts prepared mainly as GRAPHICAL REPRESENTATION of the various tasks,its duration and mile stones achieved during the project. GNATT CHARTS are more efficient and more basic in tracking the progress of a project as it breaks the project into small phases,tracks MILESTONE ACHIEVED as the project continues.
Answer: The correct answer is "D) Because investment objectives deal with the future, it is useless to plan more than five years in the future.".
Explanation: The statement "D) Because investment objectives deal with the future, it is useless to plan more than five years in the future." is NOT TRUE because through a correct analysis of the variables and a good amount of quality information it is possible to plan more than 5 years in the future and obtain good results.
Answer:
D) an ESOP.
Explanation:
ESOP is known as employee stock ownership. ESOP IS when employees in a company own shares in that company.
I hope my answer helps you
