The journal entries to record these transactions of Arantxa corporation using the cost method are given below.
<h3>
How do you define journal entries?</h3>
The journal entry can encompass numerous recordings, every of that's both a debit or a credit. The act of maintaining or making statistics of any transactions both financial or non-financial is referred to as journal entries.
The missing information in the question can be given below:
On November 1, Arantxa reissued the 200 shares at $70 per share. Arantxa had no previous treasury stock transactions. Prepare Arantxa's journal entries to record these transactions using the cost method.
As per the given information,
The journal entries for the given information are as follows:
Treasury A/c Dr. $16,000
To Cash $16,000
Cash $14000
Retained Earnings $2,000
To Treasury stock $16,000
Hence, the journal entries recording the given transaction relating to treasury stock are explained above.
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Answer:
E. None of these answer choices are correct.
Explanation:
Upon receipt of the advance payment from Cactus Jack, Nike should debit its Cash Account and credit Deferred Revenue by $300,000. When the equipment is delivered to Jack and the additional $100,000 is received, the Deferred Revenue account is debited with $300,000 while the Sales Revenue is credited with $400,000 with additional debit to the Cash Account of $100,000.
Answer:For example, the Ricardian model of trade, which incorporates differences in technologies between countries, concludes that everyone benefits from trade, whereas the Heckscher-Ohlin model, which incorporates endowment differences, concludes that there will be winners and losers from trade.
Answer: respect for employees
Explanation:
The options to the question are:
a. integrity
b. respect for employees
c. emotional intelligence
d. placing culture above individual
Transformational leadership is a form of leadership whereby the leaders motivate, inspire and encourage the employees in order to achieve organizational goals and make the firm successful.
From the question, we are informed that Tim Cook is described as delegating responsibilities to others, empowering them, and sharing the limelight with his leadership team. The aspect of transformational leadership that this suggest is respect for employees.
The method for improving strategic decision making involves having a separate team or individual carefully analyze and critique the underlying assumptions and potential downsides of a proposed course of action is called as Devils Advocacy.
<h3>What is Devils Advocacy?</h3>
Devils Advocacy refers to the method in which the person provokes the other person to have arguments and debate with the other. It is done to test the other person strength to make the strong arguments.
It can be done for the right decision when to correct the thinking of the other person also to have the racial approach to the situation.
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