In a general partnership, if one partners actions cause the firm losses, then

Assume that Amazon has a stock-option plan for top management. Each stock option represents the right to purchase a share of Ama

Kryger [21]

Explanation:

The Journal entry is given below:-

1 January 2020 No Entry

31 December 2020 Compensation Expense Dr, 6,580

To, Paid-In-Capital 6,580

(Being the compensation expense stock-option plan is recorded)

Working Note:-

Compensation Expense

= $7 × 4,700 ÷ 5

= $7 × 940

= $6,580

7 0

3 years ago

Brandon, a manager at fairpro technologies corp., is required to provide individual performance feedback to his subordinates. in

Fofino [41]

In this scenario, the communication between Brandon and his subordinates is at an interpersonal level. Interpersonal communication includes giving individual feedback and communication of future organizational goals or ethical guidelines to employees at company meetings

The interpersonal role is particularly critical for middle managers.

7 0

3 years ago

The purpose of a statement of retained earnings is to: __________.

marusya05 [52]

Answer:

To determine the closing balance of retained earnings

Explanation:

First and foremost, retained earnings are an important part of the shareholders' equity. In a bid to ascertain the correct position of total shareholders' equity at year-end, it is important that a statement of retained earnings reconciling the opening retained with net income and dividends declared during the year is prepared.

The balance at the end of the year is the total accumulated earnings which have not been distributed to shareholders as dividends or which may be used to finance projects that increase shareholders' wealth

4 0

3 years ago

Labeling researchers focus on "extra legal" variables to explain differences in arrest and prosecution rates as well as entencin

Elena L [17]

True

<span>Labeling theory is a sociological and criminological theory stating that a strong, negative reaction from society to an individual's crime or misbehavior can drive that individual to be more deviant by affecting (negatively) his/her self concept and by preventing him/her from gaining access to conventional opportunities.
</span>
Extralegal factors are those that are not covered or regulated by law. Examples of these factors or variables include gender, age, social class, race and economic status. Consciously or not, these variables can be taken as "biases" that may affect prosecution and arrest of certain individuals.

3 0

3 years ago

Crane Company Ltd. publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $28 per year. During

Ugo [173]

Answer:

A. Debit unearned subscription revenue $21,000

Credit Subscription Revenue $21,000

B. Debit Unearned Subscription Revenue $63,000

Credit Earned Subscription Revenue $63,000

Explanation:

A. Preparation of the adjusting entry at December 31, 2022, to record subscription revenue in December 2022.

Debit unearned subscription revenue $21,000

Credit Subscription Revenue $21,000

[($28 per year*9,000)/12]

(Being to record subscription revenue )

B. Preparation of the adjusting entry at March 31, 2023, to record subscription revenue in the first quarter of 2023.

Debit Unearned Subscription Revenue $63,000

Credit Earned Subscription Revenue $63,000

[($28 per year*9,000)/12*3]

(Being to record subscription revenue in the first quarter)

8 0

3 years ago