Answer:
No journal is needed
Par value is now $1
Explanation:
There is journal entry for stock split no new funds were received from stockholders and the fact that the equity stockholders capital remain the same after the stock split.
It is a mere book redenomination where the number of outstanding shares in issue is increased while the par value is reduced proportionally.
In essence a stock split of 2 for 1 means one share is added to existing one and the two shares are now priced at the value of one previously
The par value after stock split=1/2*$2=$1
Public relations has more power to influence consumers than other forms of corporate communication because the message is usually sent through the media which is usually perceived as trustworthy.
<h3>What is public relations?
</h3>
This is referred to as the act of sending messages from a person or a corporation to the public at large.
The goal is to be able to change or influence the perception of the public on certain issues.
Read more on public relations here:
brainly.com/question/943156
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Answer:
The correct answer is letter "A": True.
Explanation:
The cost principle or historical cost establishes that an asset must be recorded at its face value at the moment when the asset is acquired. That cost is recognized as the value of the asset unless there is reasonable proof to state the opposite. Under this principle, any organization can register in its books an asset that has not been part of a transaction yet.
Answer:
It's A.
Explanation:
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