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Ivahew [28]
3 years ago
8

Suppose you own a restaurant were does the revenue come from

Business
1 answer:
son4ous [18]3 years ago
8 0
Revenue per hour of labor
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A corporation issued 5,000 shares of its no par common stock that was assigned a $1 stated value per share. The issue price was
Rus_ich [418]

Answer:

Debit Cash account $50,000

Credit Ordinary share $5,000

Credit Share Premium $45,000

Explanation:

When share issued are paid for at an amount above the par or ordinary value, the excess paid is known as share premium.

The share premium like the par or ordinary value is recognized in the balance sheet as a part of the owners equity.

For a stock unit at par value of $1 for which the issue price was $10,

the share premium per unit

= $10 - $1

= $9

Ordinary share value = $1 × 5000 = $5,000

Share premium amount = $9 × 5,000 = $45,000

8 0
3 years ago
The dodd-frank wall street reform and protection act stipulated that if more than $1 million is collected, the whistle-blower is
kirill [66]

Question:

The Dodd-Frank wall street reform and protection act stipulated that if more than $1 million is collected, the whistle-blower is entitled to _____ of the monies collected.

A) between 10 and 30 percent

B) a minimum of 50 percent

C) a minimum of 75 percent

D) between 50 and 75 percent

Answer:

The correct answer is A) Between 10 and 30 percent of the monies collected.

Explanation:

The Dodd–Frank Wall Street Reform and Consumer Protection Act (also known as Dodd–Frank) is a US Federal Law that was instituted on July 21, 2010.

It was created to revamp the financial regulation in the aftermath of the Great Recession, and brought about reforms to all federal financial regulatory agencies and almost every part of the nation's financial services industry.

Under the act, whistle blowers were promised 10-30 percent of all monies collected.

Cheers!

7 0
3 years ago
Accounting Professionals Inc. experienced the following events in 2014, its first year of operation:1. Performed services for $2
Andrews [41]

Answer:

Explanation:

The accounting equation is presented below:

Particulars       Assets   =               Liabilities   =             Stockholders equity  

                        Cash     Supplies          Account payable              Retained earnings

1. Service

Performed       $20,000                                                                    $20,000

2. Supplies

Purchased                       $4,000             $4,000

3. Supplies

Used                              -$3,000                                                         -$3,000

Total               $20,000  $1,000              $4,000                               $17,000

6 0
3 years ago
Madison Corporation purchased 40% of Jay Corporation for $300,000 on January 1. On June 20 of the same year, Jay Corporation dec
Mandarinka [93]

Answer:

$420,000

Explanation:

Given the above information,

Dividend

= $75,000 × 40%

= $30,000

Share in income

= $375,000 × 40%

= $150,000

Balance in investment account

= Beginning balance + Share in income - Dividend

= $300,000 + $150,000 - $30,000

= $420,000

Therefore, the balance in Madison's equity method investments - Jay Corporation accounts as of December 31 should be $420,000

4 0
3 years ago
Ensuring proper collection preservation and safeguarding of federal records is the responsibility of.
Diano4ka-milaya [45]

Ensuring proper collection preservation and safeguarding of federal records is the responsibility of <u>All Air Force Personal</u>.

<h3>What is Record Management Policy?</h3>
  • All federal agencies are required under the Federal Records Act (44 U.S.C. 31) and related Code of Federal Regulations (CFRs) to keep records that detail their operations, file records for secure storage and quick retrieval, and dispose of records in accordance with agency schedules.
  • A record keeping policy is a collection of guidelines for managing the creation, receipt, storage for historical purposes, and destruction of documents and other information within an organization.
  • When it comes to safeguarding the rights and interests of the general public, holding public servants responsible for their acts, and recording the history of our country, federal records are crucial corporate assets.
  • Employees of the government are responsible for maintaining and creating Federal records as part of their duties.

There are numerous types of federal records, including but not restricted to:

  • recordings of audio and/or video
  • drawings for architecture, engineering, and other fields
  • electronic messages, such as texts, emails, and instant messages, used in computer-aided design
  • Geospatial data and maps, notes, and pictures
  • presentations
  • reports with statistics and narratives about social media content
  • web statistics

Know more about Record Management Policy brainly.com/question/14693974

#SPJ4

5 0
1 year ago
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