I think D. I know it’s definitely B
Answer:
D. the money in one's pocket
Explanation:
this is so because the financual assets needed fpr a business to produce good and/or services requires money
Answer:
The answer is: gain on disposal of $114500
Explanation:
The gain on disposal is calculated by the following formula:
gain on disposal=replacement cost - (purchase cost - depreciation expense)
gain on disposal = $210,500 - ($180,000 - $84,000) = $210,500 - $96,500 = $114,500
The journal records should be as follows:
- Dr Cash 210,500
- Dr Accumulated depreciation 84,000
- Cr Machine 180,000
- Cr Gain on disposal 114,500
It is False that a sale of treasury stock may result in a decrease in paid-in capital. All decreases should be charged to Paid-In Capital from Sale of Treasury Stock.
<h3>
Treasury stock</h3>
A sale of treasury stock results in an increase in the paid-in capital of the company like explained below:
- If the sale of the treasury stock is made above the price of its repurchase, there is again that is credited in the paid-in capital creating an increase in the paid-in capital account
- Vice versa, i.e. if the sale price is below the price of repurchase of stock, there is a decrease in the company's retained earnings as the loss leads to a reduction in the profit.
To learn more about Treasury stock visit the link
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Answer:
<u>Sales Budget</u>
January February March April May
Units Sold 200 300 400 300 400
Price per unit $10 $ 10 $ 10 $ 10 $ 10
Sales Rev $ 2.000 $ 3.000 $ 4.000 $ 3.000 $ 4.000
Explanation:
We have to multiplithe amount of units sold each month by the sales price per unit of each month.
For the second question, which is the production budget we require the beginning inventory at Jan 1st and the desired inventory policy else, we cannot complete it. Please add this as details for the question Thank you =)
