Answer:
The journal entry is as follows:
Retained earnings A/c Dr. $18 million
To common stock $0.30 million
To capital paid in excess A/c $17.70 million
(To record the stock dividend issued at 1%)
Working notes:
Shares issued = 1% of 30 million
= 0.30 million
Retained earnings:
= 0.30 million × $60 per share
= $18 million
Common stock:
= 0.30 million × $1 par value
= $0.30 million
Capital paid in excess:
= Retained earnings - Common stock
= $18 million - $0.30 million
= $17.7 million
Answer:
a. Custodial fund
Explanation:
Custodial transaction and fund refers to the transaction, in which there is a beneficiary and a responsible. The responsible person manages the transactions of custodial account, and takes proper care of return and investment on such account.
This is basically an agency service as the person who is beneficiary is just depositing the amount top be invested which is then taken care of as an agent.
The correct option is a.
Custodial Fund.
Answer:
This is true
Explanation:
Sarah illustrated scaffolding for Haley by supporting her through learning when putting lace around the card's edge.
<span> The fact that Bob called Laurie "inept" and "under qualified" despite her fine performance on the job so far, but because he was angry that his girlfriend had not been hired instead is an example of workplace bullying.
</span><span>The term workplace bullying denotes </span>pattern of mistreatment in the workplace that causes harm (emotional or/and physical).
By saying such things and r<span>epeating hurtful remarks </span>to Laurie Bob abused Laurie.
Whatever your age, you can make it happen.<span> Even those who start to save into a company pension at the age of 22 have less than an even chance of achieving an income equivalent to two-thirds of salary from their private and state pensions combined, according to the Pensions Policy Institute think-tank. </span>
