The answer is for each escrow account.
Answer:
Purchase of raw materials
Raw Materials $62,000 (debit)
Cash $62,000 (credit)
Direct materials requisation
Work - In - Processs : Production Department $50,000 (debit)
Raw Materials $50,000 (credit)
Explanation:
Purchase of raw materials
Raw Materials $62,000 (debit)
Cash $62,000 (credit)
<em>Recognise Asset - Raw Materials and De-recognise Asset - Cash</em>
Direct materials requisation
Work - In - Processs : Production Department $50,000 (debit)
Raw Materials $50,000 (credit)
<em>Recognise Cost of Production in Work in Process (Production department) and De-recognise the Asset - Raw Materials</em>
Because shares of stock can be bought in tiny increments, even novice investors can take part in corporate fund-raising efforts.
<h3>What do you mean by corporations?</h3>
A corporation is a business entity whose shareholders elect a board of directors to run its affairs. The corporation, not the shareholders, is in charge of the company's activities and financial situation. a large company run by a collection of companies as a single unit: a multinational corporation. UK Broadcasting Corporation
<h3>What is the importance of corporations?</h3>
In order to create value over the long term, a corporation must conduct legal, moral, profitable, and sustainable business practises. This necessitates taking into account the stakeholders who are essential to its success (shareholders, employees, customers, suppliers, creditors, and communities), as determined. A corporation protects its owners' personal assets from liability more than any other type of entity. For instance, even if a company's assets are insufficient to cover its debts, its investors will not be held personally liable in the event of a lawsuit.
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Answer: The correct answer "e. lower; rise; raises".
Explanation: According to the keynesian transmission mechanism, a rise in the money supply will <u>lower</u> the interest rate, causing a <u>rise</u> in investment demand, which then <u>raises</u> Real GDP.
because a decrease in the interest rate, would cause companies to decide to take loans to invest, thus increasing investment and as a result would increase GDP
The answer to the question is "It would be probably high".
If you get your first credit card while you are a full-time student, what you can expect about the card's ARP (Annual Rate Percentage) on outstanding balances is would be probably high.