James Company is paid $6,000 in dividends from Mark Corp. on its equity investment. James lacks significant influence over Mark Corp. James Company should-----credit dividend revenue
<h2>Dividend Revenue Definition:</h2>
A dividend is defined because the fraction of the earnings of an organization that will be distributed among shareholders. Dividend revenue is that the income the individual shareholders or investors would receive according to the number of shares held.
<h3>Where is dividend in balance sheet?</h3>
When a corporation issues a stock dividend, it distributes additional quantities of stock to existing shareholders consistent with the number of shares they already own. Dividends impact the shareholders' equity section of the company balance sheet—the retained earnings, particularly .
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Answer:
Money available for loans is $18,750
Explanation:
The formula for calculating the total amount of money a bank can loan is:
money available for loans = (1 - required reserve ratio) x total deposits
money available for loans = (1 - 25%) x $25,000 = 75% x $25,000 = $18,750
You should call back to check on your application progression. (but not immediately after) I hope this helps!
Answer:
$4,720
Explanation:
<h2>Tricky, but EASY!</h2><h2 /><h3>The balance for <em><u>ALLOWANCE FOR DOUBTFUL ACCOUNTS</u></em> should be 2% of Credit Sales. </h3>
That is 2%(247,000)= 4,940.
<h3 />
However, there is already a balance of 220. So we must adjust it to be equal to 4,940 by adding the difference!
4,940 -220= 4,720
<h2>And the entry is</h2><h2 />
Bad debt expense 4,720
Allowance for Doubtful Accounts 4,720
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Answer:
importer
Explanation:
Importer -
It refers to the person or an organization , which is responsible to get the goods and services from one country to another for the sale purpose , is referred to as an importer .
The process of importing enables to use the goods produced by some other country , which can not be manufactured in that country .
Hence , from the given scenario of the question ,
The correct answer is importer .
