Explanation:
Debit Credit
Cash $84,000
Common stock $70,000
Paid-In Capital in Excess of Par Value $14,000
It's necessary to split the equity in two accounts because there is information about the par value
Promotion Expenses $49,000
Common Stock $3,500
Paid-In Capital in Excess of Par Value $45,500
It's necessary to split the equity in two accounts because there is information about the par value
Promotion Expensese $49,000
Common Stock $49,000
It's not necessary to split the equity in two accounts because there is no information about the par value
Cash $136,500
Preferred Stock $87,500
Paid-In Capital in Excess of Par Value $49,000
It's necessary to split the equity in two accounts because there is information about the par value
<span>A green field investment or venture is a foreign direct investment known as FDI. If a company decides to go the FDI route, they are building their operations within a foreign country from start to finish. They will often build many distribution warehouses, offices and living areas for their workers that go to the foreign country to work or those within the foreign country working for the parent company. </span>
Answer:
The frictional unemployment rate is <u>3.1</u> percent and the actual unemployment rate (in this economy) is <u>7.3</u> percent.
Explanation:
natural unemployment rate = frictional unemployment + structural unemployment
frictional unemployment = natural unemployment - structural unemployment = 5.3% - 2.2% = 3.1%
actual unemployment rate = natural unemployment + cyclical unemployment rate = 5.3% + 2% = 7.3%
Frictional unemployment is voluntary and happens when someone quits his/her job in order to look for a better job. Structural unemployment happens when the skills of the workers do not match the requirements of the hiring companies. Cyclical unemployment takes place when the economy is in recession.
Answer:
Cash account balance $5,680
- bank service fees ($47)
- NSF check ($190)
+ customer's note receivable $560
<u>+ interest earned $66 </u>
adjusted cash account balance $6,069
Dr Bank fees expense 47
Cr Cash 47
Dr Accounts receivable 190
Cr Cash 190
Dr Cash 560
Cr Notes receivable 560
Dr Cash 66
Cr Interest revenue 66
The type of store that has high sales volume, shallow product lines, little service, and prices that are lower than supermarkets is known as discount stores.
<h3>What is a Discount Store?</h3>
This refers to the type of store which makes a bulk purchase of items and then sells them off at a lower price than they are worth.
Hence, we can note that a discount store operates in a way that enables them to engage in efficient distribution and bulk purchasing to meet the needs of their customers.
Read more about discount stores here:
brainly.com/question/1838431
