Answer:
The correct answer is C: information to managers inside the organization
Explanation:
Management accounting is a part of accounting that regards the identification, measurement, analysis, and interpretation of accounting information to help managers in the decision-making process to efficiently manage a company’s operations. On the contrary of financial accounting, which is primarily concentrated on the correct organization and reporting of the company’s financial transactions to outsiders (e.g., investors, lenders), managerial accounting is focused on internal decision-making.
Answer:
The accounting entries is as follows:
Debit Retained Earnings($35 by 30,000 shares) $1,050,000
Credit: Common Shares Account at Par Value($1 by 30,000 shares) $30,000
Credit Share Premium Account for Additional Paid in Capital ($34 by 30,000) = $1,020,000
Explanation:
A stock dividend is payment to shareholders by the company in the form of additional shares rather than dividend payment. This is common where the company is short of liquid funds to effect payment of dividends to its shareholders. They are usually issues in the form of fractions of existing holdings. Stock dividend increases the overall share holdings of the shareholder.
For Stock Dividend, the accounting entry is to transfer from the Retained Earnings to the Share Account and Share Premium or Additional Capital account.
The Share account is credited with the par value of the additional shares issued while the difference between the par value and the market value is credited to the Share Premium account. The full amount of the stock dividend is likewise debited to the Retained Earnings account.
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
The correct answer is B. false.
If something is good, then there is no need to change it if there are no problems at all. If this company is making a profit because of a venture they invested in, then why would they seek alternative ventures and risk losing the profit they gained.
