Answer:
The entry to record the payment of attorneys fees by a way of share issue will be:
Dr Organization expense $5000
Cr Share capital $3000
Cr Share premium $2000
Explanation:
Firstly, the fees payable to the attorneys is $5000,hence organization expense is debited with $5000.
However, the value of the shares given is 300*$10 i.e $3000,as a result, the attorneys have indirectly paid $2000 more for the shares, the excess is recorded in paid in share capital in excess of par value account or a share premium account.
The rationale for the entries is that expense account takes debit when it increases and capital account a credit.
Answer:
173,333.33
Explanation:
Lumpsum + Appraisal = Total Spent
500,000 + 20,000 = 520,000
Land + Building + Equipment = Total Fair Value
100,000 + 200,000 + 300,000 = 600,000
Building Costs:
Fair Value Building / Total Fair Value = % of the building cost to apply to the total spent x Total Spent
200,000 /600,000 = .3333 x 520,000 = 173,3333.33
Answer: 28,000 tons
Explanation:
Given the following ;
Average Weekly need = 2,800 tons
Lead time = 10 weeks
Average amount of tons on order = 10 × 2800 = 28,000 tons.
The on order quantity may be explained as a purchase order indicating the status of ordered goods or items. These purchase order status is in effect once items goods ordered have been been perfected and in-transit. The purchase order status remains valid until the goods are received.
The lead time refers to the time range or period between the initiation and receipt or completion stage of an order.
Answer: Counseling Supervision
Explanation:
Counseling Supervision is a training process which involves the supervision of a new counselor by a senior counselor, where advice and instructions are given to the new counselor on counseling cases they are handling.
The counseling supervisor is very important to the new counselor because they are the ones that nurture the new counselors in the field and acts as role models to them.
Answer:
$800,000
Explanation:
The total amount received by Ms. Jones (A) is given by the following expression:
Where 'I' is Ms. Jones initial investment, 'D' are cash distributions previously received and 'S' is the cash flow from sales.
The amount received by Ms. Jones is:
She would receive $800,000.
