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4 years ago

Which will help you when you file a claim for home insurance??

Business

2 answers:

3241004551 [841]4 years ago

5 0

the answer to your question is c

skelet666 [1.2K]4 years ago

4 0

The answer is C. Good luck!

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When starting a new job, the form you complete to determine how much tax to withhold from your paycheck is called the _______.

maksim [4K]

Letter D. W-4 is the answer to your question.

5 0

4 years ago

Read 2 more answers

If the credit to record the purchase of supplies on account is not posted

Ratling [72]

The liabilities will be understated.

6 0

3 years ago

Herman Company has three products in its ending inventory. Specific per unit data at the end of the year for each of the product

jek_recluse [69]

Answer:

Product 1 - $36

Product 2 - $ 96

Product 3 - $66

Explanation:

The accounting standard for Inventory under IFRS IAS 2 requires that inventory be recognized at cost which includes all the cost incurred to bring the item of inventory to a state or place where the item of inventory becomes available for sale.

These costs includes cost of purchase, freight, Insurance cost during transit etc.

Subsequently, inventory is to be carried at the lower of cost or net realizable value.

The NRV is the Selling price less the cost to sell.

Given

Product 1 Product 2 Product 3

Cost $36 $ 106 $ 66

Selling price $ 88 $ 168 $ 118

Costs to sell $ 9 $ 72 $ 26

NRV $ 79 $ 96 $ 92

6 0

3 years ago

On September 1, the board of directors of Colorado Outfitters, Inc., declares a stock dividend on its 16,000, $7 par, common sha

Otrada [13]

Answer:

See the answers and explanation below.

Explanation:

a. the necessary journal entries assuming a small (10%) stock dividend

Date Details Dr ($) Cr ($)

Sept. 1 Stock Dividends (16,000 * 36 * 10%) 57,600

Common Stock (16,000 * 7 *10%) 11,200

Additional Paid-in Capital - Common Stock 46.400

To record a small (10%) stock dividend on common stock. .

b. the necessary journal entries assuming a large (100%) stock dividend

Date Details Dr ($) Cr ($)

Sept. 1 Stock Dividends (16,000 * 7 * 100%) 112,000

Common Stock (16,000 * 7 *10%) 112,000

To record a large (100%) stock dividend on common stock. .

c. the necessary journal entries assuming a 2-for-1 stock split.

"No journal entry required"

Note: Although no journal entry is required here but the number of common stock will increase to 32,000 (i.e. 16,000 * 2 = 32.00).

6 0

3 years ago

Brody owns all the stock in Mongoose Corporation. Brody has a basis of $200,000 in the Mongoose stock, which currently has a fai

oee [108]

Answer:

d. None of the above.

Explanation:

Option D is correct because Brody has a basis of $200000 Mongoose stock and its market value is $500000. After the merger, Brody receives $200000 preferred stock and $300000 common stock which is equal to its market value of a stock before the merger so there is no gain.

3 0

3 years ago