Answer:
Share capital in the shareholders equity section
Explanation:
The balance sheet is structured according to the accounting formulae
Asset = Liabilities + Owners Equity
When a company raises capita by the issuing of securities or is referred to as share capital.
The securities issued are common stock or preferred stock.
There is a maximum amount that a company can raise from the sale of shares and this is called authorised share capital.
Share capital is a line item that is reported under Owner equity section of the balance sheet.
Answer:
34,000 units
Explanation:
Given that,
Budgeted sales = 32,000 units
Ending inventory required = 6,000 units
Beginning inventory = 4,000 units
Hence,
Number of units = Budgeted sales + Ending inventory - Beginning inventory
Number of units = 32,000 units + 6,000 units - 4,000 units
Number of units = 34,000 units
Therefore, 34,000 units must be produced to also meet the 6,000 units required in ending inventory.
Answer:
Total amount should be credited to additional paid-in capital from common stocks as a result of the conversion of the preferred stock into common stock: $1,800,000 .
Explanation:
Please find the detailed calculations and explanations as below:
Total Cash amount received from preferred share issuance: 105 x 60,000 = $6,300,000;
The $6,300,000 will be credited into two owner's equity account:
- Common equity = Par value of common stock at the issuance of preferred stock date x Number of preferred stocks issued x Number of common stocks that one preferred stock has the right to converted into = 25 x 60,000 x 3 = $4,500,000.
- Paid-up capital account = Amount of cash receipt ( recorded as Debit) - Amount of common equity ( recorded as Credit) = 6,300,000 - 4,500,000 = $1,800,000 .
Answer:
Option (D) is correct.
Explanation:
Given that,
Direct materials used in production = $250,000
Direct labor = $185,000
Manufacturing overhead = $245,500
Beginning Work in Process Inventory = $20,000
Ending Work in Process Inventory = $30,000
Cost of finished goods manufactured for the year:
= Direct materials used in production + Direct labor + Manufacturing overhead + Beginning Work in Process Inventory
= $250,000 + $185,000 + $245,500 + $20,000 - $30,000
= $670,500
Answer:
benefit
Explanation:
The characteristics define what a product is for, the benefits define the difference that our product has versus the competitive product and the motivators define how the characteristics and benefits of these products will help each individual customer. To say that the product will help a specific and unique customer is to show the real motivator of the purchase, that is, that specific benefit that by itself will make the customer buy the product. It reaches the end that the customer buys products for different benefits for which the product has been created. For example, a chair is used to sit, but at the same time it can be purchased as a decoration item (chair in the middle of a hallway) or used as a staircase in the kitchen.
