After the three is to one split, for every one old share, there will be three new shares.
So number of new shares = 5000*3 = 15,000 shares
Since the number of shares increased three fold, the price per share will decrease by three fold.
So the price per share after split = 12/3 =$4
So, after the split, there will be 15,000 shares at $4 per share
Answer and Explanation:
The Journal entry is shown below:-
1. Accounts receivable Dr, $8,380
To sales revenue $8,380
(Being credit sales is recorded)
For recording the credit sales we simply debited the accounts receivable and credited the sales revenue)
2. 7% Notes receivable Account Dr, $8,380
To Accounts receivable $8,380
(Being settlement with the account is recorded)
For recording the settlement with the account we simply debited the 7% Notes receivable and credited the accounts receivable.)
You should make note of the fact that no bill was received but you did make the payment.
Answer:
integrate
Explanation:
Small business owners are well-advised to purchase management, communication, and productivity software products and services that integrate with one another.
when this software is learnt and are well integrated it helps the productivity and customer base of the small scale business owners. it further helps them to work fast and gives them the the knowledge to handle more responsibilities.
After Hurricane Sandy, FEMA (the Federal Emergency Management Agency) advertised on a New Jersey radio station how people affected by the hurricane could file for assistance. In the political marketplace, the decision-makers in FEMA are best characterized as bureaucrats. This is further explained below.
<h3>What are
bureaucrats?</h3>
Generally, Officials who operate in a huge administrative system are called bureaucrats.
In conclusion, Federal Emergency Management Agency (FEMA) advertised on a New Jersey radio station how residents impacted by Hurricane Sandy may apply for aid after the storm. FEMA's decision-makers are best described as bureaucrats in the political marketplace.
Read more about bureaucrats
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