Answer: See explanation
Explanation:
From the question, we are informed that Knight Corp. obtained land by issuing 3,000 shares of its $10 par value common stock and that the land was recently appraised at $72,000 while the common stock is actively traded at $25 per share.
When recording the acquisition of the land, what amounts will be recorded in the Land and Common Stock accounts goes thus:
Debit: Land 3000 × $25 = $75000
Credit: Common stock = 3000 × $10 = $30,000
Therefore, the amount that will be recorded in the Land is $75000 and Common Stock accounts is $30000
Answer:
c. the quantity of labor supplied increases and the quantity of labor demanded decreases.
Explanation:
The union successfully increase the price for wages thus, the supply will increase.
Also, because the wages cost in benefit or wages are higher the demand for labor in the industry will be lower the entrepreneur will look at ways to use less people to avoid higher labor cost.
The party organization is essential because it helps party candidates win elections
I dont exactly know if this is right, but i would say "crash" if youre being asked to fill in the blank. Thats what I would put. If you continue to drive while someone is in front of you, and you don't take any action to prevent it, you would crash into them. Sorry if this wrong, there wasnt much explanation!
That statement is True
Transitional economy is used to defined as an economy that previously was centrally planned started to change itself toward market-based economy
hope this helps