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vesna_86 [32]
4 years ago
9

Question:

Business
1 answer:
Vanyuwa [196]4 years ago
6 0

Answer:

Received investment of cash by organizers and distributed to them 1,000 shares of $1 par value common stock with a market price of $40 per share

                                      Dr.            Cr.

Cash                            $40,000

Common stock @ 1                      $1,000

Add-In capital Common Stock   $39,000

Purchased $15,000 of equipment, paying $3,000 in cash and owing the rest on accounts payable to the manufacturer

                                      Dr.            Cr.

Equipment                 $15,000

Cash                                           $3,000

Account Payable                       $12,000

Borrowed $10,000 cash from a bank

                                      Dr.            Cr.

Cash                            $10,000

Bank Loan                                 $10,000

Loaned $800 to an employee who signed a note.

                                      Dr.            Cr.

Note Receivable      $800

Cash                                             $800

Purchased $13,000 of land paid $4,000 in cash and signed a mortgage note for the balance

                                      Dr.            Cr.

Land                            $13,000

Cash                                            $4,000

Mortgage Note Payable            $9,000

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In which situation would a savings bond be the best investment to earn interest?
s344n2d4d5 [400]

Answer:

If you are keeping aside a large amount of money to purchase a house over a period of five years

Explanation:

Savings BOND would be the best investment to earn interest in a situation where a person or an individual decide to keep aside a large

amount of money or huge sum of money to purchase a house over a period of five years in order to earn interest which mean that the maturing date for keeping the money will be in the next five years in which the person who issued out the bond which is known as the issuer will have to pay back the investor the interest amount generated for saving the large amount of money.

4 0
3 years ago
RST Company incurred $126,000 in material costs during July. Additionally, the 12,000 units in the Work-in-Process Inventory on
-BARSIC- [3]

Answer:

$ 13.17

Explanation:

Data provided :

Material cost in the beginning = $ 126,000

Additional material cost = $ 32,000

thus,

the total material cost = $ 126,000 + $ 32,000 = $ 158,000

Units in the work in progress = 12,000 units

Therefore, the material cost per unit for July = (Total material cost) / (Units being produced)

on substituting the values in the above relation, we get

he material cost per unit for July = ( $ 158,000 ) / ( 12,000 units )

= $ 13.1667 ≈ $ 13.17

6 0
3 years ago
Carolyn, a designer at logisign, was not given the promotion she was expecting during the annual performance appraisal. she took
noname [10]
In this scenario in which Carolyn got into an argument with her supervisor because she was not given the promotion she was expecting during the annual performance appraisal this scenario, the disagreements between Carolyn and her supervisor can best be classified as A type conflict. Correct answer:B
<span>A-type conflict is type of conflict that focuses on individual- or personally-oriented issues.</span>
7 0
4 years ago
Prepare a list of 5 possible problems that could occur in a contract situation.
Olin [163]

Answer:Your templates are constantly changing or getting lost.

You run into inconsistent formats, languages, and terms.

You can't keep track of the stages of each contract.

You overlook obligations and major milestones.

Email is slowing your contracting process down significantly.

Explanation:

4 0
3 years ago
Read 2 more answers
Astro Inc., a pharmaceutical company, wants to develop a drug to fight a new virus that is affecting people in Asian countries.
Likurg_2 [28]

Answer:

Knowledge worker

Explanation:

Knowledge worker indicates the specification in a particular field. It also refers that when a person does a specific task, shows the speciality in it.

Therefore according to the given scenario Asian countries is affecting with a virus and a pharmaceutical company want to create a drug with the help of scientists who already research on the virus. Here, the company will use their expertise so that they can create the drug which indicates the knowledge worker.

6 0
4 years ago
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