Answer:
A. Stockholders' equity is increased.
Explanation:
In this scenario, the correct statement for an effect of this conversion would be that the Sockholders' equity is increased. In such a situation, a sockholders' equity will always increase since debt is being converted into equity. This applies regardless of the method that was used for accounting the conversion of bonds. While retained earnings would not move at all in a conversion of bonds, and a gain or loss on such a debt would only be recognized under the market value approach.
Answer:
good
Explanation:
because soemtimes you be in a bad place and you gotta get better
<span>True. Vertical space can be used for more storage space, however in most storage units only fifty percent of the total storage is not utilized. Using vertical space will increase the storage space</span>
Answer: All the above options are correct as the growth phase of a product life cycle.
Explanation: The only thing that could have affected the growth phase is if there is price competition with protracted price war which erodes profits.
Answer:
The correct answer is c. Decrease a liability; increase revenue.
Explanation:
For example a company receives advance of $ 500 against good to be deliver after one week. On receiving cash company will record following entry.
Debit Cash $ 500
Credit Revenue liability $ 500
On date of sale or delivery following data will be recorded.
Debit Revenue liability $ 500
Credit Revenue income $ 500