Answer:
b. $55,000
Explanation:
The movement in the dividend payable account which represents the difference between the payable opening an closing balances. This difference is due to dividend paid during the year as well as dividend declared and can be shown by the equation below.
Opening balance + Declared dividend - dividend paid = closing dividend
$20,000 + $60,000 -dividend paid = $25,000
Dividend paid = $20,000 + $60,000 - $25,000
= $55,000
Answer:
The result generated by the method change must be expressed within the income statement as an extraordinary result.
And within the statement of financial situation, a note must be included where the change of method is reported and what the valuation of the inventory would have been if the method had not been changed.
Answer:
Option "D" is the correct answer to the following statement.
Explanation:
Compensation of employees shall be specified as overall pay, in money or another form of income, owed by the company or business to the individual employee in exchange for the work performed by the individual employee within a year or operating period.
In job offers, the Person wants all kinds of living standards provided by Business.
So, the Compensation of employees makes a huge impact on job offers.