Answer:
C.
Explanation:
Financial Statements depicts the financial position of a firm at a particular point of time or specified date. The users of financial statements use various types of analysis to understand or compare the current financial statements of the company to prior years or with those of the competitors.
The journal entry on declaration of dividend would lead to a debit to retained earnings and credit to dividends payable.
No journal entry is passed on the date of recording dividend.
Later, on the date of payment of dividend would lead to a debit to dividends payable and credit to cash account.
The journal entries have been shown below:
The owner own the freehold estate if his or her rights in an estate cannot be determined
Explanation:
In this type the owner will not know the duration for which he or she can hold the estate and they can enjoy exclusively all the rights for an undefined length of time or period
They are of three kinds a fee simple, a fee tail, and a life estate in these type the owner can enjoy the rights for an amount of time that is not known to him and this also includes the ownership in the properties
Like business pathway or architect pathway, cause of its business it basically helps keep you on track for when you decide to own/run/start your own business without taking unnecessary classes that won’t help you in the future. In grade 10 you take a business related class and in grade 11 you focus on marketing and finance
