Answer: C. seller
Explanation:
The filing of SEC Form 144 is the responsibility of a representative of the company that wishes to sell the stock. The company can be represented by an executive officer, a director, or a recognised affiliate of the company.
This form is filled when the restricted stock to be sold either exceeds 5,000 in number or would command a price greater than $50,000.
Answer:
debit to Allowance for Doubtful Accounts and a credit to Accounts Receivable.
Explanation:
In accounting the allowance method is used to recognise and post portions of account recievable that is uncollectible. It involves an adjusting entry that changes the balance sheet figure for account receivable.
For example in the given instance a customer balance of $200, from Hollis Co., is uncollectible. The allowance method is used to pass the following entry:
debit to Allowance for Doubtful Accounts and a credit to Accounts Receivable of $200
Answer: A. deep-seated disparity in the distribution of wealth
Explanation:
Systematic inequality arises when there is a deep-seated difference in how wealth is distributed in an economy system. When looking at it from a global point of view, it is shown with the disparity in income between the first and third world countries.
Systematic inequality on a global scale can largely be attributed to colonialism as most first world nations colonized the rest of the world and took a lot of their resources when doing so. Even today, they engage in neo-colonialist practices that continue to increase the wealth disparity.
The international Fisher effect is the difference in nominal interest rates across countries reflecting the difference in expected rates of inflation in those countries.
<h3>What does the Fisher effect show?</h3>
It shows that the nominal rate of interest in a nation usually follows the inflation rate because an inflation-adjusted rate needs to be formed.
This then leads to a change in exchange rates between countries because the difference in nominal rates shows the difference in inflation which is what devalues or appreciates a currency.
Find out more on the fisher effect at brainly.com/question/16036767.
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Answer and Explanation:
The journal entry is given below:
Oct 1
Cash Dr $31,770
To Common stock $31,770
(Being exchange for the common stock is recorded)
Here cash is debited as it increased the asset and credited the common stock as it also increased the equity
Oct 2
No journal entry is required
Oct 3
Office furniture Dr $3,740
To Account payable $3,740
(Being office furniture purchased on an account)
Here office furniture is debited as it increased the asset and credited the account payable as it also increased the liabilities