Cash received from the sale of common stock during the year is $50,000
Cash received from the Sale of Common stock during the year is
= (End of period common stock - Beginning of the period common stock) + (End of period paid-in capital in excess of par - Beginning of the period paid-in capital in excess of par)
= (110,000 - 100,000) + (90,000 - 50,000)
= 10,000 + 40,000
= 50,000 $
What is Cash receipt?
- A cash receipt is a printed acknowledgement of the amount of cash received during a transaction involving the transfer of cash or cash equivalent.
- The vendor gives the consumer the original copy of the cash receipt, keeping the other copy for accounting needs.
- An accounting item called a cash receipt certifies the acquisition of cash from a customer. On the balance sheet of the corporation, cash receipts normally raise (debit) the cash balance.
- Simultaneously, they decrease (credits) either accounts receivable or another asset account.
- No matter the industry, all businesses need cash receipts<em>.</em> A business can better track its revenue and costs by precisely recording cash deposits.
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Answer:
a. cost of disposed trademark =$44.
b. The accumulated amortization = $13.
c.The loss on disposal of trademarks = $6.
Explanation:
Please see attachment
Answer:
Real GDP is not influenced by price changes, but nominal GDP is.
Explanation:
Real gross domestic product (Real GDP) is a measure of gross domestic product "in volume", that is, measured at constant prices. Changes in GDP linked to price variations (inflation or fall in prices) are thus neutralized, which allows a measure of economic growth.
Real GDP is only used in practice to measure GDP growth from year to year, with nominal GDP remaining the benchmark measure for long-term data.
B) causing your heart to wear out faster
This is an example of a shopping product. It a kind of merchandise
that needs consumer study and assessment of brands. There are two specific
shopping products and these are homogeneous and heterogeneous.
Homogeneous products are observed by consumers as very like in nature and the
final acquisition is typically resolute on the lowest price while heterogeneous
products are merchandises with features that are expressively diverse
from each other, which makes it hard to substitute one product for another.
