Answer:
$554,000
Explanation:
Accounting Equation is;
Total Assets=Total liabilities+ Total Stockholders' Equity
$245,000+$795,000=$191,000+$295,000+ Total Stockholders' equity
Total Stockholders' equity =$245,000+$795,000-$191,000-$295,000
Total Stockholders' equity=$554,000
Charitable donations or giving from a corporate entity is frequently described as genuine altruism. This is because they are giving without expecting something in return.
Kraft, General Mills, Kellogg’s
Answer:
Option D would be the correct choice.
Explanation:
- The deeply disturbed capital recovery plan was an effort to remove the distressed assets among investment banks everything which gave the treasurer the ability to buy risky assets from corporate various financial institutions.
- The program proved ineffective as when the allocated cash wasn't used to support consumers, because although the firms weren't even investing because of immoral incentives.
All other choices don't apply to a particular task. So option D seemed to be the right alternative.
Answer and Explanation:
The journal entry is shown below;
Fees receivable $7,200 ($10,800 × 4 months ÷ 6 months)
To Service fees earned $7,200
(being service fees earned is recorded)
Here the fees receivable is debited as it increased the assets and credited the service fees earned as it also increased the revenue
So, this journal entry should be recorded
