The journal entry for this issuance would include is $ 10,53,000.00.
A magazine entry consists of the acquisition of machinery with the aid of the country wherein the equipment account could be debited, and the coins account may be credited.
A magazine access is a report of the enterprise transactions inside the accounting books of a enterprise. A well documented magazine entry consists of the best date, amounts to be debited and credited, description of the transaction and a completely unique reference wide variety. A magazine access is the first step within the accounting cycle.
Debit Credit
Number of shares = $ 39,000
cost of per shares = $3
total cash of shares = $ 117000 117000
Common stock ( 39000 * 3 ) 117000.00
Paid in capital ( 39000 shares * 27) 10,53,000.00
(To record the issuance of shares at a premium of $ 27)
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Answer: assuming Given the pay rate $7.0 and hours worked is 30 hours
Gross earnings = 7 x 30 = $210
Compensation insurance = 2% x $210 = $4.2
state unemployment insurance = 4% x $210 = $8.4
total deductions = 4.2 + 8.4 = $12.6
net pay = 210 - 12.6 = $197.4
Explanation:
Gross earnings = the pay rate x hours worked
Compensation insurance = 2% of gross earnings
unemployment insurance = 4% of gross earnings
total deductions = Compensation insurance+unemployment insurance
net pay = Gross earnings - otal deductions
Answer:
Bank Reconciliation Statement as of October 31
Particulars Amount Particulars Amount
Balance as per bank $350 Balance as per books $806
Add: Late deposit $433 Less: Returned checks $80
Less: Outstanding check $66 Less: Error recordings $9
($24+$42) ($65-$56)
Reconciled Balance $717 Reconciled Balance $717
Answer: Option A
Explanation: The basic organisational structure and several different characteristics prevailing in a business environment together constitutes a market structure. In an oligopolistic there are very few large firms which dominate the market, for example - auto industry.
As firms in the oligopolistic market are very high this results in high concentration in the market. Each firm in this market structure operates in so large scale that actions of one affects the operations of others.
Usually the capital need in such industries is too large making it difficult to entry also the need for several licenses acts as barriers to entry but there is no such thing like NO ENTRY in such industries.
The answer in the description above is segmentation. This is
the process of which large data undergone into having their properties to be
broken into small pieces in which will help in having them to fit with a
specific TCP segment.
