Answer:
- Record the purchase of treasury stock.
Treasury Stock $3,500 - CREDIT
Cash $3,500 - DEBIT
Explanation:
If the company purchase the shares and keep it in the company the journal entry it's as detailled, in this case the company keep the shares in the accounting and the shares could be reissued in the future.
The total shares purchases are 100 * $35 = $3,500.
Answer:
B) Single agency.
Explanation:
In real estate, a single agency relationship means that the broker can only represent one of the parties involved in the transaction, either the buyer or the seller, but he/she cannot represent both parties. Most broker-client relationships are single agencies, since that way the broker should pursuit his/her client's best interest.
In a dual agency relationship, the broker represents both he seller and the buyer.
Answer:
The correct answer is letter "C": A sale.
Explanation:
Factoring with recourse implies a company selling unpaid accounts receivable to a third party. This is done so the firm can generate cash advances. The third party, called the factoring company, takes care of the collection of the debt charging the firm a commission based on each invoice collected.
<em>When a firm sells its account receivables to a factoring company, the firm records the transaction as a sale.</em>
Answer: D
If the employer pays the health/medical insurance, accidents then such benefits are not subjected as taxable income. Even the amount appear in W-2 report, it is not considered as income.
However, only If the employer use insurance plan that pays the premium by employers direct payment or employers' own fund. Otherwise the reimbursements can be taxable.
Answer:
20,000 kcal/m2 per year
Explanation:
Data provided in the question:
Net annual primary productivity of a particular wetland ecosystem
= 8,000 kcal/m2 per year
Respiration by the aquatic producers = 12,000 kcal/m2 per year
Now,
The gross annual primary productivity for this ecosystem will be equal to the sum of all the ecosystem and the producer in the overall ecosystem
Therefore,
gross annual primary productivity for this ecosystem
= 8,000 kcal/m2 per year + 12,000 kcal/m2 per year
= 20,000 kcal/m2 per year