Using the Internet to find what other consumers feel about a specific product or service is the internal search is characterized, When consumers start searching for ways to satisfy needs.
<h3>How
internet is helpful in finding out about things?</h3>
Internet is very useful in many ways for the consumers, some of them are-
- It facilitates the person in viewing the reviews of the other person's views on the specific things
- it helps in finding out the best things that a person suits for them
- It provides easy ecommerce service From which a person can buy things.
- It provides easy return, if something is not appropriate to use.
Thus, option E is correct.
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A chart of accounts lists the accounts and balances at a specific time is the true statement, as it a digestible breakdown of all transactions.
<h3>What is a chart of accounts?</h3>
chart of accounts is a list of all the accounting records in a company's general ledger. In a nutshell, it's an organizational tool that breaks down all of a company's financial transactions into subcategories and presents them in an easily understandable format.
Thus, it is a true statement.
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Answer:
The correct answers are:
C-debit paid-in capital treasury shares $200
D-Debit retained earnings $300
Explanation:
The purchase of treasury stock for $10 per share implies that the price paid per share is the par value of each share.
Upon issue of 100 shares at $12 the following entries are required:
Dr Cash (100*$12) $1,200
Cr Treasury stock(100*$10) $1,000
Cr Paid-in capital in excess of par $200
However upon issue of 500 share at $9 per share which is $1 less than the par value, hence there is $500 discount on the issue.
The discount is recorded as follows:
Dr paid-in capital $200
Dr Retained earnings $300
The $200 posted to paid-in capital is the same premium that posted in there earlier when 100 shares.
<span>Two of the many forms of intellectual property right are :
1) copyright laws - this may refer to creative works in the field of literary and arts .
2) patent - includes inventions, which can be a product, a process or a solution to a problem.
</span><span>
The reason why intellectual property rights provide incentives for innovators in order for them to put value in their works and to encourage people to think highly of research and development. Also, this rights, people will be aware that ideas can be protected; that it can be shared but it cannot be legally taken from them. </span>
Answer:
Partner Macki will eventually receive cash of $16,000
Explanation:
Macki has a $40,000 capital balance.
Income and losses ratio for Macki is 2
Total Income and losses ratio = 2 + 3 = 5
Calculating for Macki
Cash to be received by partner Macki
= $40,000 * 2/5
= $16,000
