D) Both A & B
<span>a)Credit unions are typically owned and run by their members
</span><span>b)Credit unions limit membership to certain people or groups</span>
Answer:
$1,032,260
Explanation:
Dove's unappropriated retained earnings balance as of December 31, 2016 = Unappropriated retained earnings balance on January 1, 2016 + Net income - Dividends distributions.
= 796,010 + 386,250 - 150,000.
= $1,032,260
Unappropriated retained earnings balance of Dove corporation as on December 31, 2016 is $1,032,260
Answer:
Petty cash is debited for $100
Explanation:
Petty cash is a small amount of fund which is kept in the business for day to day expenses. Cash is issued from this fund for daily small expense which is not appropriate to withdraw from the bank by check.
Journal Entry will be as follow
Dr. Petty cash $100
Cr. Cash $100
Cash is transferred from cash account to petty cash account, both of these are asst account and have a debit balance. Tot increase the petty cash account balance it is debited and to decrease the cash account balance it is credited.
Answer:
Explanation:
In this specific scenario, the best thing for the agent to do would be to bring the information to the attention of the firm's supervisory principal named to handle such matters in a Supervisory Procedures Manual.
That is because inside information or insider trading is illegal and even though it does not need to be reported to the state securities Administrator, it should still be handled by the firm's supervisory principal in order for it to be handled correctly so that the firm does not get into trouble.
Answer:
Ability to work well with a project team
Explanation: