<span>How does Truth In Lending protect consumers when shopping for a loan
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Answer: Please see answer in explanation column
Explanation:
Using the cost method, treasury stock is credited for cost of the shares when it is reissued, while Cash is debited for amount received. Also, additional paid-in capital from treasury stock will be credited to show the difference.
journal entry to record the issuance of 3000 shares in year 9
Date Account Debit Credit
Year 9 Cash (3,000x $50) $150,000
Treasury stock (3,000x$36) $108,000
Additional paid-in capital- treasury stock $42,000
( $150,000 - 108,000)
Answer:
$50,000
Explanation:
<em>Manufacturing cost is sum of direct material plus direct labour and manufacturing overhead</em>
Direct material is the cost of all materials directly consumed for production purpose.
Direct labour is the cost of labour hours used for directly for production purpose
Manufacturing cost = 15,000+30,000 + 5000
=$50,000
A Safety Data Sheet (SDS) includes information about use, handling, storage, and safety of chemicals that are used in various workplaces.
Answer:
There is an increase in the supply of cable TV service.
Explanation:
The reason is that the companies will now try to capture the market and make at least breakeven sales by giving excessive sales discouts offers. This move in the market due to increase in the number of the suppliers and bargaining power of customers will decrease the cost of the product and this decrease in prices would increase the demand of the product which will increase the supply of the cables.