Answer and Explanation:
The Journal entry is shown below:-
Cash account Dr. $50,000
To Paid in Capital in Excess of Stated Value account $45,000
To Common Stock account $5,000
(Stated Value 1 × $5,000)
Being common stock issued is recorded)
For recording the common stock issued we simply debited the cash account as it is increasing assets while we credited the paid in capital in Excess of Stated Value and common stock as equity is increasing.
<u>Answer:</u>
Black markets are markets that are not under the administration's control. Items sold in an underground market are regularly unlawful; for example, counterfeit DVDs, counterfeit brand items, and illicit medications. Bootleg trades frequently are eased by a lack of a product.
A price ceiling is utilized to constrain the cost of an item to profit customers when the harmony cost of an object is excessively high. The result is a deficiency of a topic, and the lack regularly causes black markets.
Answer:
the correct answer is
Micropreneurs are exempt from the local ordinances that restrict home-based businesses from operating in residential areas.false
Answer:Hospitals have adopted medical technology such as using robotic surgeries, artificial organs
Explanation: Agriculture uses advance digital and analytical technology to enhance their supply chain. This means their are able to have sufficient or more data on the system , this data contains information about weather ,logistics and market price volatility . This ability to store as much data as possible enables them to advance and maintain their storage cost.
So these technologies help them predict future conditions to optimize supply and maintain cost.
Answer:
B. $497,000
Explanation:
Consolidated Balance of Equipment
Excess value at the acquisition $110,000
($350,000-$240000)
Book value as on Dec 31 2018 of Ford $170,000
Book value as on Dec 31 2018 of Regent $250,000
Less: excess depreciation <u>-$33,000 </u> ($110,000/10*3)
Consolidated balance of equipment <u>$497,000</u>
