Explanation:
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Explanation:
that the company and employees are apply by all government equal rights laws
Answer:
A company issued 60 shares of $100 par value common stock for $7,000 cash. The total amount of paid-in capital is: $6, 000
Explanation:
60 shares of $100 per value
therefore, the cost would be 60 X 100= $6,000
Answer:
<u><em>What’s a industry-wide sales volume?
</em></u>
It is a measurement of the average of money and units sold showing the size of an specific industry.
<u><em>What’s the different of dollars and units?</em></u>
The expresion in dollars shows the economic variatoion of the industry and in units shows how the production is growing or reducing.
Answer:
we are not given any options, so I will show you the adjusting journal entry:
Dr Investment in bonds 75,000
Cr Unrealized holding gains 75,000
Northern actually made a profit by simply holding these bonds since they appreciated from $600,000 to $675,000, but it cannot record the gains immediately until they are sold. That is why unrealized holding gains is credited.