Answer:
Dec. 31
Dr Bonus expense $50,000
Cr Bonus payable $50,000
Explanation:
Preparation of the December 31 adjusting entry for Bayer.
Based on the information given we were told that they agreed to provide a bonus of the amount of $50,000 to its employees which will be equally shared by all of them in which The bonus will be paid in January which means that the journal entry will be:
Dec. 31
Dr Bonus expense $50,000
Cr Bonus payable $50,000
Answer: Organisations such as IASB and FASB
Explanation: Conceptual framework refers to the system that helps the organisations such IASB and FASB to create rules and standards for financial reporting, that will eventually help the users of financial statements.
This framework consists of ideas and objectives for the above mentioned boards.
Thus, the conceptual framework serves authorities such as IASB and FASB.
Answer:
Explanation:
B-Quantity of decreased sales day the price of sugar
Answer:
A company's overall cost of equity is directly related to the risk level of the firm.
Explanation:
A company's cost of equity is the compensation that financial markets require to own assets and also to take on the risk that comes with ownership. It is estimated using capital assets pricing model. It is the return firms pay to equity investors as compensation for the risk they took to invest capital. A company's overall cost of equity is directly related to the risk level of the firm.
