Answer:
D. decreases both total assets and total stockholders' equity.
Explanation:
At first, we have to give the journal
Amortization expense Debit
Accumulated amortization expense Credit
As amortization expense decreases net income, it will decrease the shareholder equity. As Accumulated depreciation is a contra entry, it reduces patent.
Therefore, option D is the answer.
In other options, we can not determine the above requirements.
A popular entrepreneurship method that's used to assess whether creative solutions solve customer problems is known as the value proposition canvas.
<h3>The four factors of production.</h3>
In Economics, there are four (4) main factors of production and these include the following:
Generally, the value proposition canvas is a famous entrepreneurship method that's used by entrepreneurs to assess whether creative solutions solve customer problems.
Read more on value proposition canvas here: brainly.com/question/18604839
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Answer:
Debit Fees Revenue and credit Income Summary for $10,000
Explanation:
The journal entry for recording the closing the revenue account is as follows
Fees revenue Dr $10,000
To Income summary $10,000
(Being the closing of revenue account is recorded)
For recording this we debited the fees revenue and credited the income summary so that the correct recording and posting could be done
Answer:
C. taking an illiquid asset and converting it into a marketable security
Explanation:
Securitization is a process where a financial company combines several of its assets into a single or consolidated financial instrument or securities. It is the process converting debts, liquid asset into securities that are then bought and sold in the financial market. The process of securitization helps organisation to raise funds and boost liquidity.
Answer:
Increase in sales by increasing marketing efforts.
Explanation:
A budget can be defined as a financial plan which is used to make an estimate of the amount of amount that goes in and comes out. It can also be described as a financial plan that controls expensenses, resources, debts within a specific period of time.
Budgeting is carried out inorder to maintain and control an individual or an organization income so as to avoid wastage of resources. Budgeting keeps an individual or organization focused on achieving their different goals and objectives.