Answer: Explanation:
We debit the contributed assets and credit the capital account
cash 11,290 debit
equipment 2,740 debit
capital account 14,030 credit ( 11290 + 2740)
we debit the asset and recognize the payable amount
supplies 450 debit
account payable 450 credit
we debit the assets and credit the revenue
cash 1,303 debit
account receivable 689 debit
service revenue 1,992 credit (1303 + 689)
we debit the expense and credit the asset we use to pay it
rent expense 634 debit
cash 634 credit
we debit the expense and credit the consumed asset
supplies expense 187 debit (450 purchase - 263 at hand)
supplies 187 credit
Answer:
b. investment grade corporate bond
Explanation:
Credit rating is used to show the reliability of a security. The Investment Grade is a credit rating the is low risk bond. There is low possiblity of default on this type of investment.
Medium rating of A and BBB represent the investment grade corporate bond.
This is an attractive investment for the more conservative investor.
This is an ideal investment choice for the 50-year old customer with very low tax bracket, in a state with high income tax rates. So she is seeking income and preservation of capital.
I do lol, they kinds scary yk?
One of the factors is: heat
Actually, heat is the number one concern in this matter.
In order to reproduce, bacteria need to live in an environment that has a certain degree of warmth. This is why people stored their meat on fridge, because it create a low temperature environment that can't be sustained by the Bacteria
Answer and Explanation:
The preparation of stockholders' equity is shown below:-
Stockholder's equity Statement
December 31, 2021
Particulars Amount ($)
Paid-in capital
Preferred Stock $2,100,000
Common Stock $450,000
Additional paid in capital $7,300,000
Total paid in capital $9,850,000
Add:Retained earnings $1,450,000
sub total $11,300,000
Less: Treasury stock $700,000
Total stockholders' equity $10,600,000
