if a company is operating at the full production capacity, then to fulfill more demand, the company will have to invest more in the production line.
Answer: b. False
Explanation:
A multinational corporation is an international organization aimed to make profits for stockholders by meeting a specific demand for a product. Both multinational corporations and international nonprofit organizations work beyond international frontiers, but a nonprofit is not intended to make money but to attract donations for social issues.
Answer:
<u>debited</u>
Explanation:
Partnership refers to a mutual agreement wherein two or more individuals agree carry out a business and to share profits and losses in a specified ratio or as per the clauses of the partnership deed.
When partners retire, the balances standing to the credit of their capital accounts needs to be settled or paid off.
As per the given information, Wilma is paid $45000 in cash. The journal entry in this case would be:
Wilma's Capital A/C Dr. $45000
To Cash A/C $45000
For the remaining balance, Wilma shall be paid in cash as follows,
Wilma's Capital A/C Dr. $5000
To Cash A/c $5000
(Being settlement of a retiring partner's capital account being recorded)
