Answer:
Date Account Titles and Explanation Debit Credit
Land $84,000
Common stock $12,000
Paid in capital in excess of par value $72,000
Workings:
Amount of Common stock = Number of shares * Paid in capital per share
= 6,000 shares * $2
= $12,000
Amount of excess of paid in capital = Market value of land - Amount of common stock
= $84,000 - $12,000
= $72,000
Answer:
The answer is B. Gift and online auction I hope this helps
Explanation:
Answer:
the main danger with taking out a payday loan is that you may quickly get trapped in a cycle of debt ,although altho payday loan is normally for a fairly low sum of money, such as £200, it is easy to get trapped in a cycle of taking a new loan out every month to cover the same or increased shortfall
Answer:
well in society today as corona virus grows so do prices which makes it harder for people to buy things they used to. Companies are starting to shut down do to people not being able to buy anything or not being able to afford things or the product is bad. Do to all of this companies are failing tho some are using this to their advantage and are thriving.
Explanation:
hope this helps
Based on the economic theory of demand and supply, Say's Law argues that a given "<u>value of supply"</u> must create an equivalent "<u>value of demand</u>" somewhere else in the economy.
This is based on the idea that supply would deduce the size of the macro-economy, which in turn makes sense in the long run.
Jean Baptiste Say is a French economist famous for being an adherent supporter of business competition, free trade, and removing restraints on business activities.
His Say's law was famous as it tried to define the market condition. Say's law is sometimes referred to as the <u>Law of</u> <u>Market</u>.
Hence, in this case, it is concluded that the correct answer is option D. "<u>value of supply; the value of demand."</u>
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