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3 years ago

An alternative form of the accounting equation is:_______.

Business

1 answer:

lana [24]3 years ago

5 0

Answer:

d. Assets - Liabilities = Stockholders' Equity.

Explanation:

The principle of double entry booking rests upon the accounting equation. the accounting equation states that (where correct and accurate accounting books are kept), the total asset of a corporation must equal the addition of the corporation's total liabilities and Stockholders' equity.

The following is the basic formula for accounting equation

Assets = Liabilities + Stockholders' equity

Rearranging the above basic equation, we have the alternative form of the accounting equation.

Assets = Liabilities + Stockholders' equity

Subtract Stockholders' equity from both sides of the equation

Assets - Stockholders' equity = Liabilities + Stockholders' equity -

Stockholders' equity

Assets - Liabilities = Stockholders' equity

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Haver Company currently produces component RX5 for its sole product. The current cost per unit to manufacture the required 66,00

Greeley [361]

Answer:

The incremental cost is $198,000

Explanation:

Given;

Current cost per unit to manufacture = 66,000 units

Direct materials = $5.00

Direct labor= $9.00

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Total cost per unit = $24.00

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3 years ago

The entry to record the distribution of the stock dividend would include

Iteru [2.4K]

The correct answer is B. A debit to common stock distributed.

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In credit entry it records distribution and declaration of stock dividend which includes the debit to the retained earnings and also a credit to the common stock.

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3 years ago

If a consumer chooses not to perceive they are reaching ________.

Yuliya22 [10]

Quality value price reach consumer goods

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3 years ago

A legal arrangement where two or more people share ownership of a business is called a ______. A. Corporation b. Sole proprietor

liubo4ka [24]

The correct statement is that a legal arrangement where two or more people share ownership of a business is called a partnership. So, the correct option is C.

A partnership may be started by two individuals with an intention to share the profits and losses of such business in a predetermined proportion.

<h3>Partnership Firm </h3>

A partnership firm is a form of business organization where at least two individuals put their resources and carry a legal business.

The individuals of a partnership firm are collectively known as partners, where they tend to share the profits and losses proportionately to their capital invested.

There exists vicarious liability among the partners, which means that all the partners are liable for the acts of one or more partner as per the legal contract.

A partnership firm may be terminated by lapse of time, dispute between the partners, dissolution, insolvency, but has a perpetual succession.

Hence, the correct option is C that legal arrangement where two or more people share ownership of a business is called a <u>partnership. </u>

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2 years ago

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Telemarketing is a form of direct marketing in which a salesman calls potential clients to ask them to purchase goods or services.
This can be done over the phone, during a prearranged in-person meeting, or by web conferencing.

<h3>What is microtargeting?</h3>

Direct marketing datamining techniques that use predictive market segmentation are part of microtargeting, which is frequently used by political parties and election campaigns.

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2 years ago