I think the answer is depend on it family but for me its will become less safe because they have the children
In this print ad, the source of the advertising message: <u>is the Minnesota State Tourism Department</u>.
<u>Explanation</u>:
Advertising is an activity of producing advertisements to market the goods or services. Businesses involve in advertising to promote the products or services offered by them. Advertising helps people to know about the product and their uses.
Advertising helps in increasing the sales of the product or services. The middleman service can be removed efficiently and salesmanship can be supported. The consumers can be educated easily about the product.
In the above scenario, Minnesota State Tourism Department promotes Minnesota as vacation destination by advertising.
Answer:
<em>There will be a $10,000.00 capital account Journal entry and a subsequent credit of common stock journal entry about the no par value.</em>
Explanation:
Funds from the sale of par value stock are divided between the common stock account and the paid-in capital account. For example Gothic Architecture issued a 1,000 shares of $1 par value at $10 par share means that it offered the stock for $1 par share but with the market price of $10 which depicts $10,000.00 will be realised as equity from the sales of the shares.
The only financial effect of a no par value issuance is that any equity funding generated by the sale of no par value stock is credited to the common stock account.
There is a journal entry required for the transactions because the aforementioned entry notwithstanding, there should also be a corresponding Asset entry on the Balance Sheet of Gothic Architecture for both transactions.
