Answer:
a. Decrease liabilities and decrease assets
Explanation:
First option "Decrease liabilities and decrease assets" is the correct option as far as only payment part of Journal entry is concerned.
Since Dividend is declared on 15 July on That date entry would have been:
Shareholder's Equity........Dr
To Dividend Payable(Liability) A/c......Cr
Then, on Payment date i.e. 15 august entry would be:
Dividend Payable(Liability)A/c.......Dr
To cash/Bank A/c..........Cr
Therefore, Liability is Decrease also asset is decreased on 15th August, 2020.
Answer: none is correct.
Explanation:
Given data:
2 years ago = $500
1 year ago = $300
Today = $800
Solution:
PV ( presents value )
= p * r * t
Where:
p = principal ( $500, $300, $800 )
r = rate = 4%
t = duration (time) ( 2years, 1 year and present ).
= ( $500* 2 * 0.04 ) + ( $300 * 1 * 0.04 ) + $800
= $40 + $12 + $800
= $852
PV = $500 + $300 + $852
= $1,652.
Answer:
C. biased, understating the effectiveness of the diet.
Explanation:
As the company promises the population of America which is too huge, just on the study based on 20 employees of the company itself.
This clearly means that the company is trying to sell the product with false reports as the sample size of study is to small to represent entire American Population.
Further that too the employees could be influenced to get the false results.
As since the employees could be influenced and that the results can be altered accordingly, the report is biased, and is misleading.
Answer:
yes I do believe it is ethically and morally wrong to pay bribes
