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Phantasy [73]
3 years ago
6

On May 25, Tyler, Inc. issues 100 shares of $10 par value preferred stock for $5,000 cash. The entry to record this transaction

would include a (debit/credit) ________ to the preferred stock account in the amount of _______.
Business
1 answer:
Gennadij [26K]3 years ago
6 0
Basically I don’t know the answer but it wants me to put something
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Cindy May​ Bakery, Inc. reported a​ prior-period adjustment in 2018. An accounting error caused net income of prior years to be
slava [35]

Answer:

Retained Earnings at December​ 31, 2018 is $89,000

Explanation:

Adjusted Retained Earnings at December​ 31, 2017​ = Retained Earnings at 31 December​ 2017​ - Overstated amount = $44,000 - $8,000 = 36,000

Retained Earnings for 2018 = Net income - dividend = $78,000 - $25,000 = $53,000

Cindy May​ Bakery, Inc.'s statement of retained earnings for the year ended December​ 31, 2018

Details                                                                                    $

Adjusted Retained Earnings at December​ 31, 2017​       36,000

Retained Earnings for 2018                                             <u> 53,000 </u>

Retained Earnings at December​ 31, 2018                     <u>  89,000 </u>  

4 0
3 years ago
Which of the following statements is most​ correct? A. KSFs are often​ necessary, but not sufficient for competitive advantage.B
anzhelika [568]

Answer:

A.  KSFs are often necessary, but not sufficient for competitive advantage.

Explanation:

KSF

Key Success Factors (KSFs) represent business functions, practices or business activities as defined or seen by the customers or the market as being important or crucial to the development of consumer/business relationship.

KSFs represent areas organisations are to attend to based on the views of the market in order to achieve their goals. It could be in form strengths to maximize, weaknesses to address, aspects to take advantage of among others.

It becomes obvious that although important (from the view of the market or consumers who patronize the business), a business must makes its own due diligence in form of SWOT analysis among others to have the required competitive advantage.

4 0
3 years ago
Which choices will help you cut back on expenses so that you can spend more money on promotions or advertising? check all that a
WINSTONCH [101]

The choices that will help you cut back on expenses so that you can spend more money on promotions or advertising are options(2), (3). and (4)i.e,  Use less-expensive ingredients, Look for discounted or used machines and Hire a young employee at minimum wage.

Advertising is a marketing plan involving repaying for room to advance a brand, service, or cause. The real advertising ideas are named advertisements or ads for short. The aim of displaying search outreach folk most likely expected not quite finance a party's products or duties and persuade bureaucracy to buy.

Advertising helps experience consumers about by means of what your fruit or aids help bureaucracy and what your brand stands for. Promotions concern the whole set of activities, that correspond to the amount, brand, or aid to the user. The planned search form national awareness, bringing and encouraging to buy the fruit, alternatively over others.

To know more about Advertising refer to: brainly.com/question/3163475

#SPJ4

The complete question is:

Which choices will help you cut back on expenses so that you can spend more money on promotions or advertising check all that apply 1. Move to a higher-reng building 2. Use less-expensive ingredients 3. Look for discounted or used machines 4. Hire a young employee at minimum wage 5. Hire a manager to help the business grow

5 0
1 year ago
Sheridan Company had the following department data on physical units: Work in process, beginning 3080 Completed and transferred
Karo-lina-s [1.5K]

Answer:

Equivalent units for the month = 18,720

Explanation:

Provided that

Opening units of work in process = 3,080 units

Which are 100% complete to materials as the materials are added fully initially.

Completed and transferred during the period = 19,400

Since not provided assumed these are added during the period, and includes opening work in process.

Closing Work in process = 2,400 units.

For the period equivalent units = During the month + Closing - Opening

= 19,400 + 2,400 - 3,080 = 18,720 units

6 0
3 years ago
Which of the following costs would be applied to manufactured inventory under variable costing? Select one: A. Cost of raw mater
bazaltina [42]
D. commissions to sales persons
4 0
4 years ago
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