Answer:
<em>Companies, both private and public which are registered in India under the Companies Act 1956, are liable to pay corporate tax. For the assessment year 2014-15, domestic companies are taxed at the rate of 30%.</em>
Explanation:
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<em>I </em><em>hope</em><em> this</em><em> helps</em><em>!</em></h3>
Answer:
Explanation:
The journal entries are shown below:
On July 15:
Retained earning A/c Dr $169,000
To Dividend payable $169,000
(Being cash dividend declared is recorded)
On Aug 15:
No journal entry is required on the date of declared
On Aug 31:
Dividend payable A/c $169,000
To Cash A/c $169,000
(Being dividend is paid is recorded)
Answer:
The answer is D.
Explanation:
The correct answer is D. universally true for all markets
Other things being equal, as the price of goods and services increase, producers/firms tend to produce more(this is the popular law od supply) inorder to take advantage of the high revenue.
Unlike demand, for supply, price and quantity supplied are directly related.
The statement " Incorporators are required to sign the charter, deliver it to the proper state officials, and purchase a certain percentage of the initial stock offering " is FALSE.
Explanation:
Incorporation of a business means making a company officially known by the company's sole property or general partner. If a company forms, it becomes a legal structure separating the individuals who founded the company.
Even though a company does not have a office there, the company must always have a registered agent within the state of incorporation.
Incorporation provides shareholders with immunity from personal liability for the company's debts.
Answer:
Explanation:
1)Use spreadsheet for the required computations. Enter values and formulas in the spreadsheet as shown in the image below.
2)The obtained result is provided below.
