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djyliett [7]
3 years ago
12

Stereotyping in the workforce has led to

Business
1 answer:
Bingel [31]3 years ago
7 0
Pay discrepancies i believe
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During its first year of operations, Novak Corp. Had these transactions pertaining to its common stock. Jan. 10 Issued 26,000 sh
bonufazy [111]

The journal entries to record the common stock transactions under the two scenarios are as follows:

a) Assuming that the common stock has a par value of $4 per share:

Jan. 10 Debit Cash $104,000

Common Stock $104,000

July 1 Debit Cash $495,000

Common Stock $220,000

Additional Paid-in Capital $275,000

b) Assuming that the common stock is no-par with a stated value of $3 per share

Jan. 10 Cash $104,000 Common Stock $78,000 Additional Paid-in Capital $26,000

July 1 Cash $495,000 Common Stock $165,000 Additional Paid-in Capital $330,000

<h3>What is the difference between par value and stated value?</h3>

There is <u>no major difference</u> between the par value and the stated value of the common stock, except as follows.

While the stated value is assigned when there is no par value for accounting purposes, the par value is assigned when the shares are authorized for issuance.

The two function as the face value of the shares which can be compared to the market value to discover if there is additional paid-in capital or not.

<h3>Data and Calculations:</h3>

a) Jan. 10 Cash $104,000 Common Stock $104,000

July 1 Cash $495,000 Common Stock $220,000 Additional Paid-in Capital $275,000

b) Jan. 10 Cash $104,000 Common Stock $78,000 Additional Paid-in Capital $26,000

July 1 Cash $495,000 Common Stock $165,000 Additional Paid-in Capital $330,000

Learn more about recording stock issuance transactions at brainly.com/question/17201601

7 0
2 years ago
Pagsasagawa NG angkop na kilos NG pamahalaan tungo sa pagtupad NG mga tungkulin sa pamilihan?
Illusion [34]
Business management
8 0
3 years ago
At Nick's Bakery, the cost to make homemade chocolate cake is $3 per cake. As a result of selling three cakes, Nick experiences
Sveta_85 [38]

Answer:

c. $9.50 each.

Explanation:

For computing the selling price, first we have to compute the total price of three cakes which is shown below:

The sale value of three cakes would be

= $3 per cake × 3 cakes

= $9

And, the producer surplus is $19.50

So, the total price of cake equals to

= $9 + $19.50

= $28.50

And, the number of cake is 3

So, the selling price would be

= $28.50 ÷ 3 cakes

= $9.50 each

8 0
3 years ago
Ben and Chris combined their love of football with a business venture. They purchased a small portable cart and began selling fo
wolverine [178]

Answer: Option C

Explanation: Environmental circumstances refers to the threats and opportunities that arise from political and economical unstability. These are highly fluctuating factors and can affect the business highly.

In the given case, the business of Ben and Chris slowed down due to the economic breakdown in the country. These factors are inescapable and affect all the businesses in the economy.

Thus, from the above we can conclude that the correct option is C.

4 0
3 years ago
Each​ Friday, Laferty pays employees for the current​ week's work. The amount of the weekly payroll is $ 5, 000for a​ five-day w
Kisachek [45]

Answer:

1  

Db Salaries expenses__4000  

Cr Accrued salaries__________4000

Accrued on December 31

Explanation:

Accrued salaries refers to the amount of liability remaining at the end of a reporting period for salaries that have been earned by employees but not yet paid to them.

Weekly payroll 5000  

Day payroll          1000  

 

Monday-Thursday 4000  

   

1  

Db Salaries expenses__4000  

Cr Accrued salaries__________4000

Accrued on December 31

6 0
3 years ago
Read 2 more answers
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