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3 years ago

When a group provides a collective good or service, ______. select one:

1 answer:

8 0

The group can divide costs to each person providing the good when this group provides a collective good or service. By definition, a collective good or service are considered as goods and services that are provided and are readily available to the community. Examples of these are the health cares provided by the government.

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"On Thursday, May 16th, a registered representative receives an order to sell 100 shares of ABC stock that has been "transferred

STALIN [3.7K]

Answer:

Monday, May 20th

FINRA rules states for orders to sell, the said firm must give strong assurance that the securities will be delivered within 2 business days. Doing the math; two business days after Thursday May 16th falls on a new week which would be Monday May 20th.

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4 years ago

Read 2 more answers

On March 1, Atlantic Co. issues 47,500 shares of $4 par value common stock for $312,500 cash. On April 1, OP Co. issues no-par v

dem82 [27]

Common stock is a security that represents ownership in a corporation.

<h3>The Journal entries are as follows:</h3>

(i) On March 1,

Cash A/c Dr. $297,500

To common stock (42,500 × $4) $170,000

To paid in capital in excess of par value $127,500

(To record the issuance of common stock)

(ii) On April 1,

Cash A/c Dr. $70,000

To common stock $70,000

(To issue no-par value common stock)

(iii) On April 6,

Inventory A/c Dr. $45,000

Machinery A/c Dr. $145,000

To common stock (2,000 × $25) $50,000

To paid in capital in excess of par value $46,000

To Note payable $94,000

To learn more about Common stock visit the link

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2 years ago

If a contractual obligation can be negated by a particular action, the contractual promise is said to be _?_.

Reptile [31]

<span>Termination clauses always make a contract invalid for lack of consideration.</span>

4 0

4 years ago

QS 7-5 Allowance method for bad debts LO P2 Gomez Corp. uses the allowance method to account for uncollectibles. On January 31,

Kaylis [27]

Answer:

Jan 31

Dr Allowance for doubtful accounts $2,800

Cr Accounts receivable—C. Green $2,800

Mar 09

Dr Accounts receivable—C. Green $2,300

Cr Allowance for doubtful accounts $2,300

Mar 09

Dr Cash $2,300

Cr Accounts receivable—C. Green $2,300

Explanation:

1. Preparation of the journal entry for January 31

Jan 31

Dr Allowance for doubtful accounts $2,800

Cr Accounts receivable—C. Green $2,800

2. Preparation of the journal entries for March 9

Mar 09

Dr Accounts receivable—C. Green $2,300

Cr Allowance for doubtful accounts $2,300

Mar 09

Dr Cash $2,300

Cr Accounts receivable—C. Green $2,300

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3 years ago

What economic system interferes most with the law of supply and demand?

Roman55 [17]

Market economy and free enterprise

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3 years ago