The Answer is D. You close the account. Because on most games with a bank account if you Deposit too much you will get Banned or Your Account will be Banned for life :D Text me back if its wrong :D
Answer:
debit cash $250,000; credit notes payable $250,000
Explanation:
July 1, journal entries should be:
- Dr Cash account 250,000
- Cr Notes Payable account 250,000
Since cash is an asset account and it increases (the company receives money), it should be debited.
Since notes payable is a liability account and it increases, it should be credited.
Answer:
b. $55,000
Explanation:
The movement in the dividend payable account which represents the difference between the payable opening an closing balances. This difference is due to dividend paid during the year as well as dividend declared and can be shown by the equation below.
Opening balance + Declared dividend - dividend paid = closing dividend
$20,000 + $60,000 -dividend paid = $25,000
Dividend paid = $20,000 + $60,000 - $25,000
= $55,000
Answer:
(a) $3 billion
(b) -$1 billion
Explanation:
All are in terms off billion
Y = 20
T = 2
C = 15
I = 2
we know that Y = C + I + G
20 = 15 + 2 + G
20 - 17 = G
G = 3
So the value of the goods and services purchased by the government of Yokovia = 3 billion
Public saving = T - G
= 2 - 3
= - 1 billion
A company is about to go public with an IPO (initial public offering) and the company founders keep a significant portion of the company's stock. This is an example of signaling.
A public offering in which shares of a firm are sold to institutional investors and typically also to retail investors is known as an initial public offering (IPO) or stock launch. Typically, one or more investment banks will underwrite an IPO and coordinate the shares' listing on one or more stock exchanges.
Underpricing in the IPO market as a signal Investors are aware that only the best can recover the cost of this signal from later issues, which is why some organizations with the best prospects decide it is preferable to indicate their type by underpricing their initial issue of shares.
IPOs assist businesses in raising capital without turning to banks or other financial institutions, which could impose exorbitant interest rates on loans. Additionally, it enables current investors to exit the business without paying capital gains tax.
To know more about initial public offering refer to: brainly.com/question/3068229
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