Answer:
Explanation:
The journal entry is shown below:
Account receivable A/c Dr $593,850
To Sales tax payable A/c $58,850 ($535,000 × 11%)
To Sales revenue A/c $535,000
(Being sale is made on credit)
The account receivable amount includes both the sales tax payable and the sales revenue amount.
Answer:
b. false
Explanation:
A loss making treasury stock sale will decrease the paid-in-capital account by the amount of loss only.
In case of Loss
Dr. Cr.
Cash xxx
Paid-In -Capital xxx
Treasury xxx
In case of Profit
Dr. Cr.
Cash xxx
Paid-In -Capital xxx
Treasury xxx
As Paid-In-Capital account is part of equity account and it has credit balance. Hence Paid-In-Capital balance will only be reduced in case of loss making treasury shares sale.
In its most general sense, a fair use is any copying of copyrighted material done for a limited and “transformative” purpose, such as to comment upon, criticize, or parody a copyrighted work. ... In other words, fair use is a defense against a claim of copyright infringement.
Answer:
E. Validity
Explanation:
This are options for the question
A. Reliability
B. Strategic congruence
C. Acceptability
D. Specificity
E. Validity
Performance evaluation can be regarded as process whereby manager or consultant carry out examination or evaluatation of an employee's work behavior through comparisons of it with preset standards, then the results of the comparison is documentd and uses to provide feedback to the employees and point where improvements are needed as well as reason why. Validity which is one of criterion for performance management evaluation gives reflection of the extent that a performance measure is been assessed with all the relevance aspects of performance