If the person created it or is in the family then yes
Answer:
$500 credit
Explanation:
Given that
Number of authorized shares = 1,000 shares
Stated value per share = $10
Issued shares = 50 shares
Initial offering = $20 per share
So based on above information, the journal entry is
Cash $500 (50 shares × $10)
To Common stock $500
(Being the common stock is issued is recorded)
While recording this transaction we debited the cash account as it increased the asset side and credited the common stock as the equity is increased so that the proper posting could be done
According to your textbook, ivan is engaged in<u> "critical"</u> listening.
Critical listening is a type of listening that if for the most part not said, since it includes investigation, basic reasoning and judgment. Making judgments amid listening is frequently considered as an obstruction to comprehend a man, and there's a great deal of truth in that.
In any case, Critical listening happens when despite everything you need to comprehend what the other individual is stating, yet in addition have some reason or obligation to assess what is being said to you and how it is being said.
Answer: 14.4%
Explanation: The G that we are computing in this question is the sustainable growth rate, it is the growth rate that a company can attain and maintain without any problem.
we know that,
growth = (retention ratio)*(return on equity)
growth = (1- dividend payout ratio)*(return on equity)
growth = 14.4%
Answer:
c. $15,065
Explanation:
In bank reconciliation the book balance is adjusted using some adjustments made by the the bank and still pending by the business. We make an adjusted balance of cash book balance and bank statement balance to reconcile the amounts.
Cash balance per book 6/30 $13,000
+ Note receivable $4,000
- Bank charges $35
- NSF check <u>$1,900 </u>
Adjusted Cash book balance <u>$15,065</u>
Note receivable is received in the bank but not been recorded by the business. It will be added to the balance because it will increase the balance.
Bank charges are deducted by the bank but not been recorded by the business it will be deducted.
NSF check have already added by the balance but its not been cleared. So it needs to be deducted form the Book balance.
