Answer:
$90,000
Explanation:
It is given that :
The pretax accounting income of Bryce Corporation 100,000
The interest on the municipal bonds - 7,000
The depreciation - 5,000
The difference in bad debt expense (3000-1000) <u> +2,000</u>
So the total income of Bryce Corporation $ 90,000
Tengen is the name of the company that made and had its own branding on unofficial Nintendo entertainment games.
<h3>Tengen</h3>
It was incorporated on December 21, 1987. In 1988, Tengen emitted its first and only three games authorized by Nintendo: R.B.I. Baseball, Pac-Man, and Gauntlet. Meanwhile, Tengen privately worked to avoid Nintendo's lock-out chip called 10NES which granted it control over which games were published for the NES.
<h3>Nintendo Co., Ltd.</h3>
Nintendo Co., Ltd. is now the biggest video game business by revenue, as a Japanese multinational customer electronics corporation headquartered in Kyoto, Japan.
To learn more about Nintendo visit the link
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Answer:
Cash and contributed capital
Explanation:
The journal entry to record the sale of common stock is shown below:
Cash A/c Dr $45,000
To Common stock A/c $45,000
(Being the common stock is sold)
For recording this transaction, we debited the cash account as the sale is made which increases the asset and credited the common stock account because the common stock is sold which reduces the equity balance.
Pros:
No one can stop you from picking that person/place/thing.
Cons:
you don't know what to decide.