Answer:
A
Explanation:
Seasons cycle, and therefore the menu with it
An individual would likely want to work for the department of finance and administration if the individual is interested in this field in which he or she will likely take on the job of managing finances such as budget, finance reports and as well as accounting, in a way that it will help a company or organization to have someone deal with how the money circulates or managed in the company.
Answer:
The correct option is D
Explanation:
When using credit you have to pay interest when paying back the loan which is a measure disadvantage as the interest will be compounding overtime, so thats when the advantage of cash comes in
Answer:
The correct option is the first one,Paid-in Capital in excess of Par Value will be credited for $19,800
Explanation:
The cash proceeds received was $32,400 which effectively means that cash account would be debited with $32,400.
The total par amount that would be credited to common stock is $12,600($7*1,800),hence the balance of $19,800 ($32,400-$12,600) belongs to paid in capital in excess of par value.
The appropriates entries therefore are:
Dr cash $32,400
Cr common stock $12,600
Cr paid in capital in excess of par value $19,800
Answer: See explanation
Explanation:
a. Even though firm B received a cash of $522, only $22 which is the interest will be taxable as the $500 which is the principal isn't taxable.
b. Even though Firm B got $600 cash, there'll be no taxable income as the receipt brought about a liability. Hence, taxable income is 0.
c. Even though Firm B got $10000 cash, there'll be no taxable income as the receipt brought about a liability and the net worth wasn't increased. Hence, taxable income is 0.
d. The taxable income here will be $888.
