Answer:
A credit to Common Stock for $110,000. A further explanation is provided below.
Explanation:
Given:
Corporation sold,
= 11,000
Common stock per value,
= $10
Cash price,
= $14 per share
The entry record would include,
= 
= 
= 
($)
He chose the one that he was familiar with. Please mark Brainliest!!!
Answer:
Statement 2 is true and 1 is false ( C )
Explanation:
From the statements given above we can deduce that statement 2 is true while statement 1 is false and this is because there isn't one pure Nash Equilibrium in a pure strategy game that will solve the game as portrayed in statement 1, instead there will be two(2) pure Nash equilibrium.
The property insurance is a general insurance on building which provides the basic coverage for loss or damage resulting from peril including Fire, Lighting and Explosion of domestic gas.
When government subsidized the property insurance, the premium payable by the Insured will reduce or will be zero because the government have chosen the bear the responsibility of paying premium on behalf of the Citizen.
This action of the government may make the insured more unnecessarily relaxed because they did not pay the full premium of the Property insurance themselves.
So therefore, the first option is correct that without government subsidized property insurance, people are more likely to be cognizant of the risks of building and living in fire-prone or flood-prone areas because their insurance costs will be higher.
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Answer:
The cash payment is included in investing activity.
Explanation:
Items included in investing activity refers to assets that are used by the company, such as land, equipments and building.
A mortgage note payable is an example of a financing activity. Here the company has secured financing for it's acquisition by way of mortgage.
