1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
son4ous [18]
4 years ago
8

The cost principle requires that when assets are acquired, they be recorded at __________.

Business
1 answer:
zzz [600]4 years ago
4 0
The right answer for the question that is being asked and shown above is that: "d. exchange price paid." The cost principle requires that when assets are acquired, they be recorded at d. exchange price paid<span>
</span>
You might be interested in
On January 1, 20X4, Polar Corp. paid $104,000 for $100,000 par value, 9% bonds of Seal Corp. Seal had issued $300,000 of the 10-
Eddi Din [679]

Answer:

$14,000

Explanation:

Amount of interest expense = [(Bond issued by 'S' company x 9%) - Amount of    

                                                   premium x (unsold bonds / Bonds issued)]

                                           =  (300,000 x 0.09) - 60000/10 x 200,000/300,000

                                          =  (27,000 - 6000) x 0.66667

                                          =  21,000 x 0.66667

                                          = $14,000

                                         

 

7 0
3 years ago
West company declared a $0.50 per share cash dividend. the company has 190,000 shares issued, and 10,000 shares in treasury stoc
Damm [24]
To record the dividend declaration
   Ordinary Share Capital   $90000
          Dividend Payable         $90000
to record payment
     Dividend Payable         $90000
           Cash                            $90000

The amount is derived from the shares issued and outstanding so, the 190000 issued is deducted by 10000 treasury shares because treasury shares are reacquired by the company so it is not an outstanding share, then just multiply the answer with the dividend per share to arrive at $90000

190000-10000shares * $.50 =$90000
4 0
3 years ago
Read 2 more answers
Simone and Ana are debating the pricing strategy of several airlines. Simone argues, "When airlines restrict discounted tickets
SpyIntel [72]

Answer:

Economists will agree more with Ana

Explanation:

Price discrimination is defined as the selling of the same product to different customers at different prices.

The difference in price charged is usually due to willingness of the customer to buy at different prices.

In the given scenario buyers that are willing to buy in advance and stay over form a category of clients that have a price band unique to them.

Others will buy at a higher price.

This has caused a price discrimination

6 0
3 years ago
Holding other factors constant, if food prices decline relative to the prices of other products, then the real wages of agricult
yawa3891 [41]

Answer: decrease; decrease

Explanation:

Agriculture is food production and sales, when there is a decline in prices of food it would affect the workers wages and reduce employment.

6 0
3 years ago
The xyz company has two offices, one in chicago, and a brand new office in pittsburgh. to connect the two offices, they will nee
ikadub [295]
<span>You would want to get a broadband internet based phone that's based off a Linksys modem system. A multiple line phone per employee/contractor with voice mail capacities would be a must. For contracted employees (those who work for the business, but are not office-based) need mobile cell phones with the internet, email, and group and individual capabilities so they can be reached easily.</span>
7 0
4 years ago
Other questions:
  • Zimmerman Auto sells new and used cars. Among its assets are the following: (1) the showroom building, a separate building used
    12·1 answer
  • Can someone just answer the 3rd question.pleaseee
    14·2 answers
  • Please look at the picture​
    9·1 answer
  • When we compare economic welfare in a monopoly market to a competitive market, the profits earned by the monopolist represent A.
    14·1 answer
  • What do individual shareholders gain when they buy shares of a company’s stock?
    8·1 answer
  • Based on the sticky-price model, the short-run aggregate supply curve will be steeper the greater the:
    14·1 answer
  • Presented below is the trial balance of Pina Corporation at December 31, 2017. Debit CreditCash $ 198,550Sales $ 8,103,580Debt I
    9·1 answer
  • 1 point
    10·1 answer
  • Consider the telecommunications, networking, and wireless technologies you use today as a consumer and student. Does your comfor
    11·1 answer
  • Recall the educational and other requirements for Geographers. What are some requirements that would be helpful to
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!