Which employer pension plan has an individual account for each employee?

A. A vacant lot acquired for $115,000 is sold for $298,000 in cash. What is the effect of the sale on the total amount of the se

STatiana [176]

Explanation:

since it's given that

Acquiring value of the vacant lot =$115,000

Sale value of the vacant lot in cash=$298,000

Since the sale value is more than the Acquiring value which reflects the increment in the asset for $183,000 due to which the profit is also increased for $183,000 i.e. retained earnings

Now the effect is shown below

1. Assets = increase = $183,000

2. Liabilities = no change = $0

3. Stockholder Equity = Increased= $183,000

3 0

4 years ago

These people perform many of the activities required to move products efficiently from producers to consumers or industrial buye

Vadim26 [7]

These people perform many of the activities required to move products efficiently from producers to consumers or industrial buyers and are often wholesalers

Who are wholesalers ?

A wholesaler is a company or individual that purchases great quantities of products from manufacturers, farmers, other producers, and vendors. Wholesalers store them in warehouses and sell them on to retailers (shops and stores) and businesses.

Wholesalers are the merchant middlemen who sell mainly to retailers, other merchants, commercial, industrial, or institutional users. They buy principally for resale or business use.

The wholesaler’s business model is based on being the intermediary – the go-between. They operate between a product’s manufacturer and other businesses that want to sell that product.

What is the role of a retailers?

A retailer purchases in bulk from the wholesalers and sells the products to the customers in small quantities. A retailer essentially maintains a variety of merchandise. The aim of a retailer is to achieve maximum satisfaction by exceeding their expectations and delivering exceptional services

Learn more about distributors :

brainly.com/question/13019892

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4 0

2 years ago

Kelly Company experienced the following events during its first accounting period. (1) Issued common stock for $10,000 cash. (2)

dusya [7]

Answer:

Pedagogical analysis is selection of appropriate objectives and strategies in various instructional situations to access the level of actual teaching at the end. A comprehensive vision of required tasks, strategies for realization of specific goals facilitates effective teaching.

sorry I d k

6 0

3 years ago

Fixed costs can be defined as costs that A. vary inversely with production. B. vary in proportion with production. C. are incurr

goldfiish [28.3K]

Answer:

D. are incurred even if nothing is produced.

Explanation:

There are primarily two types of costs, i.e. the variable cost and the fixed cost. The variable cost is the cost that varies when the level of production changes, while the fixed cost is the cost that remains unchanged whether the level of production changes or not

So, by the above explanation, we can conclude that the fixed cost can be incurred if there is nothing to be produced.

4 0

4 years ago

Kelvie Inc. is a manufacturing company and held the following investments during 2012. Show how each investment would impact/cha

Lynna [10]

Answer:

Explanation:

Investments Impact in Type of activity

financial statement

1 Purchase of Mao &Co's Increase the investments Investing

bond of $ 100,000 in Balance sheet activity

Cost of bond $ 95788 Debit to the investments

account $ 95,788

Annual interest on Credit to the income account

Bond of $ 5000 - interest income

No impact of fair market value

in financial statement

2 Purchase of 6000 Debit $ 255,000 to the Investing activity

shares of Dalton ltd investment account

Receipt of dividend Credit $ 12,000 to the

dividend income account

3 Acquisition of 30% Debit $ 21,500,000 to the Investing activity

ASP's outstanding stock investment account

Receipt of dividend Credit $ 1,000,000 to the

dividend income account

7 0

3 years ago