Answer:
1.Common Stocks Issues and Repurchases
2.Preference Stocks Issues and Repurchases
3.Dividends Declared
Explanation:
Common Stocks Issues and Repurchases
Common Stockholders have voting rights. The movement in the Stocks must be presented separately in the Statement of Changes in Equity.
Preference Stocks Issues and Repurchases
Preference Stockholders do not have voting rights. The movement in the Stocks must be presented separately in the Statement of Changes in Equity.
Dividends Declared
Dividends Paid are not included in Profit and Loss but in Statement of Changes in Equity.
Payment of Dividends adjusts the Retained Earnings Amount in Statement of Changes in Equity.
The following is not a primary component of an internal control system <u>Control environment .</u>
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The primary cause of inner controls is to assist safeguard an corporation and further its objectives. internal controls characteristic to limit risks and shield property, make certain accuracy of facts, sell operational efficiency, and inspire adherence to policies, rules, regulations, and legal guidelines.
Internal controls are techniques designed to help guard an enterprise and limit danger to its objectives. inner controls decrease risks and guard belongings, ensure accuracy of statistics, sell operational performance, and encourage adherence to policies, policies, policies, and laws.
Determining whether a specific internal manage machine is effective is a judgement because of an assessment of whether the five additives - manage surroundings, risk assessment, manage sports, information and communique, and tracking - are present and functioning.
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Economic development depends on industrial growth, which may increase greenhouse gas emissions. Hope this was helpful (:
Answer:
D- Terminated
Explanation
The original offer is terminated and a new offer is formed.
Answer:
a. debit to bad Debt expense for $3,300
Explanation:
The Journal entry is shown below:-
Bad debt expenses Dr, $3,300
To Allowance for doubtful accounts $3,300
(Being bad debts expenses is recorded)
Therefore to record the bad debt for the period we simply debited the bad debt expenses as it increase the expenses and on the other hand we credited the allowance for doubtful accounts as decrease the assets.
So, the right answer is a. debit to bad Debt expense for $3,300 option.
Working Note:-
Bad debt expenses = Estimated uncollectible - Credit balance
= $4,500 - $1,200
= $3,300
