A cash payment received from a customer for a product purchased on account would be recorded as DEBIT TO CASH AND CREDIT TO ACCOUNT RECEIVABLE. Cash is debited because cash has been received by the company and it has to be debited to the asset account of cash. The account receivable is credited to record the fact that money has been received.
- A declinatory exception of unsuitable venue must be filed by the defendants.
- The exception needs to be brought up before or in the answer, before or concurrently with any pleading that requests relief other than ministerial ones, like the appointment or removal of counsel of record or an extension of time to plead, and in any case, before the confirmation of a default judgment.
- Any additional declinatory or dilatory exceptions must be argued concurrently if they are to be considered.
<h3>What is mean by plaintiff ?</h3>
A plaintiff is the person or entity who files a lawsuit with the court. The plaintiff is looking for a legal remedy by doing this. If the search is successful, the judge will rule in the plaintiff's favor and issue the necessary orders.
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Answer:
X-rays can be used to see what areas of a bone a broken or injured. It helps understand what parts of the body may have injuries.
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US lifestyle shifts have expanded the careers for "daycare providers", since many more women have joined the work force in the past two decades--meaning that they can't be at home with their children.
Answer:
c) $25
Explanation:
<em>The value of a preferred stock is the present value of the constant dividend payable for the foreseeable future discounted at the required rate of return</em>
Price = Constant dividend/ required return
The constant dividend = Dividend rate × par value
Dividend as be given as $5 per share
requited return - 20%
So the price of the stock would be
Price = 5/0.2
= $25