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Answer:
A) exchanging partial ownership in a firm
Explanation:
Equity is the basic source of fund for any corporation, it the most initial phase in which equity is issued in exchange of a share of ownership in the company. For this the equity holder pays money to the company.
In this manner there is an ownership distributed for the share of money needed by the company.
This does not involve any statutory return payment on behalf of company in later future. As against it in case of loan, it needs to be repaid.
Equity form of funds do not demand any repayment.
Answer:
The difference is attributed to sales.
Explanation:
The difference of $10 will be attributed to sales because $20 is charged instead of $30 which means selling price has been changed. However, it cannot be considered as a loss because the cost price is not given. It might be the actual cost price for the item is $15 and the store is selling at $20 instead of $30. So, in this case, the store is making a profit of $5. Thus, the difference is considered as the sale difference.
Answer:
d. $9,000; $9,000
Explanation:
As cash received on January 1 in advance to provide service in one year which is completed on December 31. So all the Unearned revenue is recognized because service for 12 month has been performed so whole amount will be reported in Income statement for the year ended December 31. Only cash received is from the service revenue activity so, it is also reported as $9,000. correct option is d. $9,000; $9,000.
<span>The first step in the prescribing process according to the world health organization is diagnosing the patients problem.
This must be the first step because without diagnosing the problem how can someone be treated. WHO (world health organization) is an agency of United States but it is working internationally.</span>
