Answer:
a.
Explanation:
Cash (400*40) Dr.$16,000
Loss on sale of stock investments (400*40-400*600 Dr.$8,000
Stock Investments (400*60) Cr.$24,000
As the stock was sold $20 below its purchase price therefore $20*400 will be recorded as loss on investments.The loss on investments and Cash will be debited and investments have decreased therefore credited.
Answer:
Following are the Journal entries to the given question:
Explanation:
Accounts Dr Cr
Robo Department Overhead Control 996
Materials Control 
Wages Payable 
Shop overhead control
Finished Goods 
Work in process control 
Answer:
C. negotiating contracts
Explanation:
Discussing and Compromising on contract term in order to reach out final agreement between the company management and union at Selzar Inc.
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
You are really keen on stocks. However, you do not like stocks with regard to <u>claims on </u><u>assets</u>.
<h3>What is Bankruptcy?</h3>
- A person or business may file for bankruptcy if they are unable to pay their debts or other commitments.
- A petition is filed, either on behalf of the debtor, which is more often, or on behalf of creditors, which is less frequent, to start the bankruptcy process.
- All of the debtor's assets have been measured and assessed, and some or all of the debt may be repaid with the help of the assets.
- Although declaring bankruptcy can provide you a fresh start, it will remain on your credit reports for a while and make it more challenging for you to obtain money in the future.
<h3>What are Stocks?</h3>
- A stock, usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company.
- Shares, also known as units of stock, entitle its owners to a share of the company's assets and income in proportion to the number of shares they possess.
- Most individual investors' portfolios are built on stocks, which are mostly bought and sold on stock exchanges.
- Government standards designed to shield investors from dishonest tactics must be followed during stock trades.
<h3>What is Investment?</h3>
- A purchase made with the intention of creating income or capital growth is known as an investment.
- An asset's value increasing over time is referred to as appreciation. When a person invests in a good, they do not intend to utilize it as a source of immediate consumption, but rather as a tool for future wealth creation.
- An investment always entails the expenditure of some capital—time, effort, money, or an asset—today with the expectation of a future return higher than the initial investment.
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