Answer:
Paid-in Capital in Excess of Par Value will be credited for $120,000.
Explanation:
The journal entry for the issue of shares is shown below:
Cash A/c Dr $140,000
To common stock (4,000 shares × $5) = $20,000
To Paid-in Capital in Excess of Par Value $120,000
(Being issue of shares recorded)
So, the cash account is debited whereas the common stock and paid-in capital should be credited
And, the remaining balance should be transferred to the Paid-in Capital in Excess of Par Value
Answer:
consumers
Explanation:
The consumers of any given market are the ones that finally pay the increase of prices driven by inflation.
Inflation means that there is an increase in the prices of goods and services per year. This increase affects all the actors in a given economy but in the bottom-line consumers are the ones that pay these increment in prices.
Answer:
what managers think costs should be
Explanation:
Standard cost systems are based on what managers think costs should be as opposed to actually using the prices based on what they should be. The managers accomplish these prices by estimating the costs that will be incurred by the business during the production process and then creating the costs based on their estimations.
Amazon is different from most competitors, as they were able to grasp the importance of internet ahead of their competitors, and draw customers towards the website through events (that led to discounts), availability (such as free shipping & the fact that one does not have to go out to get the items one needs), and being a brand-name, which gives Amazon more customers.
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In 1 year, Leslie will receive $600, which brings her balance to $10,600.
In 5 years, she'll receive $13,382.26.
In 15 years she'll receive $23,965.58.
