Answer:
Explanation:
The journal entries are shown below:
On Declaration date
Retained Earnings A/c Dr $4,000,000 (400,000 shares × $10)
To Common Stock Dividend Distributable A/c $4,000,000
(Being dividend is declared)
On distribution date:
Common Stock Dividend Distributable A/c Dr $4,000,000
To Common Stock A/c $4,000,000
(Being the dividend is distributed)
Answer and Explanation:
There are various types of experiences that in case when the organization does not engage in HR and staffing planning which are as follows
1. Employees in shortage capacity
2. In shortage of skills
3. Lacking of motivation skills
4. Inflexible working environment
5. Inadequate workforce, etc
These types of experiences the organization is facing if it is not engaged with the HR and the staffing planning
Answer:
$3,785
Explanation:
FIFO Inventory valuation method requires that the Inventory which is purchased first should be sold first and inventory Purchased at last should be sold at last.
As we know Gross profit is the Net of Sales and Cost of Goods Sold.
Sales $9,800
Cost of Goods Sold <u>($6,015)</u>
Gross Profit <u>$3,785</u>
All workings are made in an MS Excel File, which is attached with this answer Please find it.
Answer:
B) the sale of goods to a customer.
Explanation:
When goods are sold to a customer, the cost of goods sold account is debited by the same value that the finished goods inventory is credited.
For example, suppose a company sells $1,000 worth of goods to a customer, and the sales price is $1,200. The customer pays by cash the full value of the goods. The journal entry would be:
Account Debit Credit
Cash $1,200
Sales Revenue $1,200
Cost of Goods Sold $1,000
Finished Goods Inventory $1,000
While network evening newscasts have stayed fairly constant throughout the years, the news programs that Americans watch on local television stations and national cable channels have altered substantially in recent years.
<h3>What change has been noticed?</h3>
Local television newscasts have recently emphasized traffic, weather, and sports, even more, aired less edited package stories, and cut the lengths of stories—trends that might be a result of the industry's current economic challenges.
There is a growing fear that local TV news may be suffering some of the financial difficulties that have already hammered the newspaper sector as younger people are tuning out local newscasts.
Learn more about local television, from:
brainly.com/question/5418404
#SPJ1
