Answer:
subdivision
Explanation:
A real property subdivision takes place when a real property (parcel of land, house, etc.) is divided into smaller areas. The whole idea behind a subdivision is that it should be easier to sell the property in smaller parts.
When a subdivision is carried out on a condominium, the physical space is not divided, rather the property time is divided into time share units. In this case, a person can purchase the right to use that condominium during 3 weeks each year.
The journal entries to record these transactions of Arantxa corporation using the cost method are given below.
<h3>
How do you define journal entries?</h3>
The journal entry can encompass numerous recordings, every of that's both a debit or a credit. The act of maintaining or making statistics of any transactions both financial or non-financial is referred to as journal entries.
The missing information in the question can be given below:
On November 1, Arantxa reissued the 200 shares at $70 per share. Arantxa had no previous treasury stock transactions. Prepare Arantxa's journal entries to record these transactions using the cost method.
As per the given information,
The journal entries for the given information are as follows:
Treasury A/c Dr. $16,000
To Cash $16,000
Cash $14000
Retained Earnings $2,000
To Treasury stock $16,000
Hence, the journal entries recording the given transaction relating to treasury stock are explained above.
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Answer:
buying a franchise of a well-established restaurant.
Explanation:
A franchise business model is a business arrangement where the owner or 'franchisor' sells the rights of a business to ' franchisee' who operates an independent outlet. The rights that a franchisee acquires include business name, logo, business and operating models. Examples of known franchises are MacDonald, subway, and Starbucks.
The biggest advantage Eduardo will gain by purchasing a franchise is that he will get instant access to a well-established brand name. Eduardo does not need to spend resources on creating a name, or products to introduce to customers. An established franchise will provide him with customers, a management model, and a chance to succeed.
The area in which Ronald would be working in the Orthopedic clinic for the specified job is:
<h3>Who is a Chargemaster?</h3>
This refers to the person whose job in a hospital is to provide billing information to patients, and is also in charge of claims and also general accounting principles.
With this in mind, we can see that the area which Ronald would be working in the Orthopedic clinic if he gets the job would be Chargemaster as he in charge of overall accounting and billing duties.
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