Answer:
Decrease assets and decrease stockholders equity
Explanation:
Shareholders of the Company are rewarded for their contribution through dividends.
<u>Declaration and payment of a cash dividend results in the following journal :</u>
<em>Dividend (debit)</em>
<em>Cash (credit</em>)
Thus,
The Owners Equity Decrease whilst the Assets Account (Cash) Decreases
A high rate of human immunodeficiency virus (HIV) is resulted from nonuse of condoms.
This is usually true for gay men, however, there are a lot of cases with straight people transferring HIV because they didn't use condoms during sex. This should be avoided at any cost, if you want to prevent unwanted pregnancies and the transfer of various STDs.
Answer:
Economic Factors/ Economic Conditions
Explanation:
Jobs or employment are affected by a number of factors in the society including: economic Conditions, advances in technology, seasonal employment flunctuations and the impact of corporate values among others
Economic conditions affect jobs such that when a nation's economy is flourishing, organisations find it harder to retain employees due to the abundance of better jobs which constantly poaches these employees from their current jobs. Economic conditions have ripple effects on wealth creation and profit maximization and this affects the employment sector as well.
In the case of the question, based on Blake Edwards's findings, the increase in interest rates (on lending) will discourage people from buying homes, they will prefer rentals and wait for a period when these rates come down. The implication of not getting people to buy homes means, there will be less lendings by banks and less job for workers in the mortgage industries such as valuers and assessors to do.
Once the inflow of cash into these two industries reduce, it becomes harder for them to keep their employees, therefore, there will be retrenchments and layoffs and many of these banks and mortgage industries will not have the financial capabilities for expansion leading to less adverts for job placements. Overall, there will be fewer jobs in these industries as a result of fewer homes being sold which is also a ripple effect of rising interest rates
However, when interest rates reduce, people are encouraged to buy homes, funds flow into banks (through lending) and mortgage industries through providing of more services.
Answer:
the issue price of the bonds is $593,177
Explanation:
The computation of the issue price of the bonds is shown below:
Particulars Amount PV factorat 5% Present value
Semi-annual interest $28,350 11.68959 $331,400
Principal $630,000 0.41552 $261,778
Total $593,177
hence, the issue price of the bonds is $593,177
Answer: Option B
Explanation: In simple words, closing entries refers to the journal entries which are made at the end of an accounting period for transferring the temporary account balances into permanent accounts.
These entries are made to close the four accounts for clear depiction of capital at the end of they year, these accounts are income, expenses, income summary and dividend account.
The objective behind making such entries is to clear the temporary accounts balance to zero for the next accounting period.