Answer:
Paid in Captial Increases
Explanation:
They made money off of the stock they purchased and resold
Answer:
d. Net income is overstated and assets are overstated
Explanation:
The journal entry to record the depreciation expense is shown below:
Depreciation expense A/c Dr
To Accumulated depreciation A/c
(Being the depreciation expense is recorded)
But if depreciation is failed to record, then the net income is overstated and assets are overstated as the accumulated depreciation decrease the cash balance and The net income overstated represents the understated in an expense account
Answer: The U.S labor law
Explanation: The international market is made up of several companies and countries with unique labor laws and labor Relationships. The international market consists of different market players and different contributing factors that affects Businesses adversely than just the U.S Labour laws,an organization will be concerned with the U.S labour law if it is the only Country where it has Operations,but since it is an international entity more issues are available for it,such as Market penetration, building brand loyalty,access to credit facilities etc.
Answer:
Closing statement.
Explanation:
A document commonly used in real estate transactions, detailing the fees, commissions, insurance, etc. that must be transacted for a successful transfer of ownership to take place is known as a closing statement. The closing statement is a spreadsheet document that comprises of the statement of actual settlement costs and it is usually provided by a real estate agent to a home seller while the bank gives it to the home buyer.
Answer:
Debit loss 5,000.
Explanation:
Straight line depreciation, it is the simplest way to work out the loss of value of an asset over time. Straight line basis is calculated by dividing the difference between an asset's cost and its expected salvage value by the number of years it is expected to be used.