Answer:
I think its D sorry if its wrong
Explanation:
Answer:
A. not affect the total value of any of the equity accounts.
Explanation:
A balance sheet can be defined as a financial statement of an organization which is typically used to record financial informations liabilities, capital, shareholder's equity, assets, debts at a specific period of time.
In respect to a balance sheet, a stock split will not affect the total value of any of the equity accounts.
A stock split can be defined as a process in which a company divides its existing shares of the stock it owns into multiple new shares to its shareholders in proportion to the amount of their holdings. Thus, a stock split will not affect the total value of any of the equity accounts with respect to a balance sheet.
Answer: A - peak
Explanation:
Just took the test the other answer is wrong!!!
Answer:
Assuming Charlie uses the cost depletion method, his depletion expense for the year is $ 56,250
Explanation:
Depletion method is used to provide a depletion charge for assets which have a depletion nature in the usage of the resources such as mines, quarries and oil wells.
Depletion Charge = Cost /Expected Total Contents in Units × Number of Units taken in the Period
= $225,000 /1,000,000 × 250,000
= $ 56,250
Answer:
Data that are observed or collected directly from respondents are called primary data.
Explanation:
Primary data are data obtained directly from respondents via field survey. These data are usually collected through the use of questionnaires or interviews.
