Answer:
Sum of Entries for the First Year
Land $ 276,000 (debit)
Cash $225,000 (debit)
Equity $501,000 (credit)
Explanation:
Jan 1
Cash $225,000 (debit)
Equity $225,000 (credit)
<em>5,000 × $45 per share = $225,000</em>
Dec 1
Land $ 276,000 (debit)
Equity $ 276,000 (credit)
<em>6,000 shares × $46 each = $ 276,000</em>
<em>Land is Initially Recognised at Cost in terms of IFRS (IAS 16)</em>
Sum of Entries for the First Year
Land $ 276,000 (debit)
Cash $225,000 (debit)
Equity $501,000 (credit)
Answer:
The correct answer is b. increase; decrease.
Explanation:
Foreign Direct Investment (FDI) is that made by natural or legal persons not resident in the country where the investment is made, which can be done by buying shares or participations of a company established or constituted in the country with the aim of permanence .
FDI can also occur through contracts that generate collaboration, concession or services between the investor and the company, as well as through the acquisition of real estate in the country of destination of the investment.
These contributions can be made directly in currencies that are subsequently converted into local currency, or in kind, through the non-refundable import of tangible goods such as machinery and equipment, or intangibles, such as technology and patents.
Answer:
D. A joint and last to die insurance policy owned be an irrevocable life insurance trust
Explanation:
the fair market value of all real and personal property owned at death, transfers with a retained life estate, transfers taking effect at death, revocable transfers, annuities, joint interests, certain powers of appointment, and certain proceeds of life.
Answer:
account receivable debit 110,500
sales revenue credit 110,500
freight-out debit 1,900
cash credit 1,900
COGS debit 66,300
inventory credit 66,300
Explanation:
the sales will be recorded as nominal, because there is no information about the customer taking the discount or paying within this period.
Because term are FOB shipping point, the freight corespond to shore Co
The best answer for this statement would be:
Autocratic
This means that the leader is in complete and absolute
power, to the point that there is no need for consultation of the company. In
other words, this ruler could be a dictator.