Answer:
+$183,000
$0
+$183,000
Explanation:
Total assets increased by ($298,000 - $115,000) $183,000.
Total liabilities has no change
Total shareholder equity increased by ($298,000 - $115,000) $183,000.
Generally speaking, a
business message expressing negative news (reader will react negatively) should
be organized indirectly. The message should be delivered among other
information and should not stand out. This is only appropriate if it is
practical to deliver the message in this way (immediate action is not
required). A more positive message should be prominent in the communication and
expressed in a more direct way, since it is assumed that the reader will react
positively.
<span>The
answer is private placement. It is the transaction of securities to a moderately
small number of select investors as a way of raising capital. Investors
involved in private placements are frequently large banks, mutual funds,
insurance companies and pension funds. A
private placement is
not the same from a public issue, in which securities are made accessible for
sale on the open
market to any type of investor. Since a private placement is obtainable
to a few selected individuals, the placement does not have to be recorded with
the Securities
and Exchange Commission (SEC). In many circumstances, thorough
financial information is not disclosed and the investment is not sold by prospectus.</span>
Answer:
D) Income Tax Expense for $80,000.
Explanation:
The computation is shown below:
Since the corporate tax rate is increased from 30% to 40% and the taxable temporary difference is of $800,000 so the change would be
= $800,0000 × difference in tax rate
= $800,000 × 10%
= $80,000
This amount i.e $80,000 would be debited and shown as an income tax expense
Moreover, the deferred tax liability is ignored
