If a company receives $12000 from a stockholder the effect on the accounting equation would be that assets increase by $12000 and equity also increase by $12000.
Given that a stockholder pays $12000 to the company.
We are required to find the effect of the payment by the stockholder to the company in accounting equation.
Accounting equation is basically an equation which tells that assets is equal to the sum of liabilities and capital.
Assets=Liabilities+Capital
When company receives some payment from the stockholder then the cash or bank increases and accordingly assets increases and equity also increases.
Hence if a company receives $12000 from a stockholder the effect on the accounting equation would be that assets increase by $12000 and equity also increase by $12000.
Learn more about accounting equation at brainly.com/question/24401217
#SPJ4
Answer:
Option C would be the correct answer.
Explanation:
Throughout objective reasoning, cognitive bias seems to be a weakness that has been triggered by that of the human brain's propensity to interpret knowledge through a prism of individual perspective including interests. The types of cognitive bias but for the remaining change.
The types of cognitive bias are almost as follows:
-
Overconfidence bias
- Confirmation bias
- Halo effect
-
Anchoring bias
The latter considerations provided are not closely linked to the case provided. So, the answer above is the right one.
Answer:
The correct option is B.
Explanation:
As the client contact info is entered in the computerized database, where a clerk erroneously entered a area code which is non- existent. So, the error which is rendered the block of contacts, will discover a validity check at the time of entry as it is a verification which is performed either manually or through software in order to verify that no error is present in the database.
Answer:
The government should tax Anvils and books but not cardigans
Explanation:
A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply.
A monopoly is when there is only one firm operating in an industry. The firm sets the market price for its good and services. The firm earns economic profit in the short and long run.
When the absolute value of elasticity is greater than 1, it means that demand is price elastic.
Elastic demand means a small change in price leads to a greater change in quantity demanded.
Deadweight loss refers to the loss in efficiency as a result of tax.
A competitive market produces as the social optimum, so the effect of tax would be very small but because the monopoly operates below social optimum, the cost of tax would be high.
I hope my answer helps you