Answer:
Option C.
1. No
2. No
Explanation:
The rights are unissued common stock yet hence no double entry would be passed. The double entry will only be passed when the rights are exercised.
The double entry when the rights are exercised would be:
Dr Bank A/c XX
Cr Common stock XX
Cr Additional paid-in capital XX
Answer:
it is very simple and easy to do it.
Explanation:
Companies that use average cost pricing just add markup that they consider reasonable to the average cost of a product, and you have the final selling price of the product.
A disadvantage of using average cost pricing is that t does not consider how costs change as your sales level changes. This method usually works best when the company is able to estimate its total sales ad then use that estimation to calculate the average cost price.
Answer:
Explanation:
NOTE: In order to solve this question efficiently, there is need to watch the videos attached to this question. Kindly check video link in the comment section of this question since it can not be attached here. If the link can not be added in the comment section, check the Channel(TED), the title is AM I NOT HUMAN? A CALL FOR CRIMINAL JUSTICE REFORM.
So, from the video one can see that the presenter in the TED talk made use of Pathos more than he does for logos.
The argument/point in this presentation that I find the most compelling is when he argued that people that have bad past also deserves an empathy and not only people with no criminal record as we are all human and we can do better. The past is in the past and the present is the present.
Answer:
He should complete the additional work and sell the cabinet for $360.
Explanation:
This is because if he is to sell for $100 without completing the additional work, he will be making a loss of $80, having spent $180.
But on completion of the additional work, he would have spent a total of $380, therefore, if he sells the cabinet for $360, he will only be making a loss of $20.
Therefore, the better option is to complete the additional work and sell for $360.
