In the given situation above, the journal entry will be that the land will be debited for $15,000; and the common stock account will be credited with $10,000 and the additional paid up capital account will be credited for $5,000. So, the given options do not hold true.
<h3>What is a journal entry?</h3>
A chronological recording of financial or accounting transactions of an organization in the journal books of the corporation, as and when they occur, is known as a journal entry.
Hence, the given conditions regarding the journal entry do not hold true.
Learn more about a journal entry here:
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Answer:
$75,240
Explanation:
Given that,
Consumer price index in 1999 = 170
Salary in 1999 = $44,000
Consumer price index in 2016 = 290
Therefore, the required salary is calculated as follows:
= Salary in 1999 × (Consumer price index in 2016 ÷ Consumer price index in 1999)
= $44,000 × (290 ÷ 170)
= $44,000 × 1.71
= $75,240
Hence, the amount of salary have to earn in 2016 in order to equal your 1999 real income is $75,240.
Answer:
The map of the current process is found in the attached
The minimum cycle time is 1 min 40 seconds
The longest cycle time is 2 min 35 seconds
The new minimum cycle is 1 min 15 seconds
The new longest cycle time is 2 mins
The potential problem that could surface from splitting the process is that once the customer has finished paying the customer has to wait for about 30 to 55 seconds before the second attendant finishes with packaging,hence ,a queue would likely be formed awaiting the second attendant.
The problem could be solved by ensuring the taking money and packaging takes the same time.
Explanation:
Minimum cycle time=20+55+25=100 seconds=1 minute 40 seconds
The longest cycle time=30+90+35=155 seconds=2 min 35 seconds
The new minimum cycle time=20+55=75 seconds=1 min 15 seconds
Taking customer's money also happened in the first 35 seconds of the 55 seconds above.
The new longest cycle time=30+90=120 seconds=2 mins
Answer:
A greater saving will reduce the impact of the multiplier.
Explanation:
A multiplier generally refers to the factor that amplifies or increase the initial change of something else.
In economics, multiplier refers how change in spending or saving results into a larger change in local output and income.
Since addition of marginal propensity to consume (MPC) and marginal propensity to save (MPS) is equal to 1, the formula for calculating a multiplier can be stated as:
Multiplier = 1/(1 - MPC) or 1/MPS
From the question therefore, when MPS = 0.10, we have:
Multiplier = 1/0.10 = 10
When MPS is increases to 0.20, we have:
Multiplier = 1/0.20 = 5
Since 5 is less than 10, a greater saving will therefore reduce the impact of the multiplier.
Answer:
According to the Ohio state studies , we can say that the Adrian as leader is high in initiating structure.
Explanation:
Initiating structure can be defined as the particular degree to which a leader would define his or her role and also specify and organize the role of employees too, in order to achieve the organizations goals.
Adrian is also doing the same thing here, as she has given a lot of time in assigning employees their particular tasks and scheduling their work , in such a way that goals are achieved.