Answer:
C
Explanation:
Cost=10000
Accumulated depreciation=3000
Sales price=9000
Net value=10000-3000=7000
Gain=9000-7000=2000
Answer: decrease retained earnings $1.60 million and increase liabilities by $1.60 million.
Explanation:
The dividend on common shares will be:
=2,000,000 × $0.80
=$1,600,000
Then, the journal entry will be:
Debit: Retained earnings $1.6 million
Credit: Dividend payable $1.6 million
The answer will be to decrease retained earnings $1.60 million and then increase liabilities by $1.60 million.
No it did not according to the rights of a consumer
The record least vital in figuring out the financial value of a purchase is purchase requisition.
The Requisition (REQS) file is used to file a purchasing request for goods or offerings from a doors dealer. A requisition refers to the manner of formally soliciting for a provider or object, typically the use of a purchase requisition shape or every other standardized record. The requisition manner is a standardized manner of maintaining tune of and accounting for all requisitions made inside a commercial enterprise.
A purchase requisition shape is a record submitted by means of a worker to request the acquisition of products or offerings on behalf of the enterprise. these purchases can be for enterprise operations, stock, or to manufacture resources for sale. filing a purchase requisition shape sets off the buying method. anytime an employee wants to make a buy – say, as an example, they need a brand new laptop – they will use a buy requisition shape to explain exactly what the purchase is and why they want it for paintings.
Learn more about purchase requisition here:
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