Answer:
A. $6,100
B. Yes
Explanation:
A. Preparation of a schedule of accounts payable for Bioplast Jewelry, Inc., as of January 31, 2019 Using the final balances of the vendor accounts to
Accounts Payable—Evans Enterprises $1,400
( 1,600-$200)
Accounts Payable—Stamos Distributors $2,800
(3,100-$300)
Accounts Payable—Tonetta Company 1,900
Total $6,100
($1,400+$2,800+$1,900)
B. Yes based on the above Calculation, the total of The accounts payable schedule agree with the balance of the accounts payable account
reason been that each of the vendor account balance will the close Accounts Payable (control account).
One of the advantages of incorporation for a company with project repatriation is limited liability, which protects the private assets of owners and stakeholders if the company goes bankrupt.
<h3 /><h3>Limited liability</h3>
It is a legal framework that protects the attachment of shareholders' private assets to pay the company's debts if the company goes bankrupt, the company's assets can be pledged in this situation.
Therefore limited liability is a legal framework that generates greater security and attracts more investors.
The correct answer is:
Find out more information about limited liability here:
brainly.com/question/7302239
Answer:
total dividends distributed to common stock $6,000
dividends per common stock $0.12
Explanation:
preferred stock dividends = 1,000 x 6% x $50 = $3,000
since they are cumulative, if the dividends are not paid during one year, they must be paid in the next periods
the distribution of the $10,000 in dividends in 2018:
- preferred dividends = $1,000 + $3,000 = $4,000
- common stock dividends = $6,000
dividends per common stock = $6,000 / 50,000 = $0.12
Answer:
a) In compliance with the IFRS
Explanation:
Since in the question it is mentioned that The financial statement of kansas ltd would be authorized by the management and auditors as on Feb 15 fpr issuance. On Feb 20 it settled as a plaintiff a 5 million euro lawsuit. Now the CFO of the company have make the second decision regarding the financial statement presentation in which he decides not to record this settlement so here is in compliance with the IFRS
Therefore the option A is correct
Answer:
Express, bilateral contract
Explanation:
An express contract is one in which the terms are explicitly spelt out to both parties. These terms are spelt out in its entirety and its usually in an oral form as opposed to the conventional written form. An express contract can be call a special contract.
A bilateral contract is one in which both parties agree to carry out their side of the contract.
In the above question, Maria and Todd had an oral agreement rather than a written one which signifies an express contract. While also both maria and Todd agreed to shovel the snow and pay $25 respectively and both of them help up their end of the contract.
