Stockbrokers who still had profits on their books were afraid that their profits would disappear.
Stockbrokers who had losses were afraid that those losses might get larger.
Investors decided to get out of the market.
As a result of Z best recording the transaction by increasing cash and decreasing stockholders' equity, the result would be The accounting equation is out of balance, SE is understated, contributed capital is understated,
<h3>What happens when stock is incorrectly recorded?</h3>
When Z Best issued common stock, they should have increased cash and increased stockholders equity.
Because they did not do that, they made the stockholders equity understated and the contributed capital as well. As a result of this, the accounting equation will not balance:
Assets = Equity + Liabilities
The accounting equation will not balance because assets will be more than the sum of equity and liabilities.
Find out more on the accounting equation at brainly.com/question/14236545
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Answer:
NERD
Explanation:
pls no nerds if u read this you are gay
<span>The
court most likely found that the statute, as it applied to Hershberger, was unconstitutional
under the free exercise clause since the state argued that the law applied to
all equally and Hershberger stated that he was willing to display the sign if
he could use silver, instead of red, reflective tape, which was equally
effective. </span>
It is FALSE that John's employer has the right to require his attendance at the employer's weekly lunchtime prayer group.
The lunchtime prayer is not a workplace activity because John has the right to use his lunchtime. John could sue for religious discrimination. There is a guarantee of religious freedom. Therefore, John's employer lacks the right to require him to attend the lunchtime prayer.
Thus, it is FALSE for his employer to require John to attend the lunchtime prayer.
Learn more about workplace religious discrimination here: brainly.com/question/17479963
