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dlinn [17]
3 years ago
13

Which of these sentences is correctly written and punctuated? Keeping his active mind challenging Roosevelt improved his stamp c

ollection, and read books on American history, politics, and biography. To keep his active mind challenging, Roosevelt improved his stamp collection, reading books on American history politics and biography. Keeping his active mind challenged Roosevelt improved his stamp collection reading books on American history, politics, and biography. To keep his active mind challenged, Roosevelt improved his stamp collection and read books on American history, politics, and biography.
Business
1 answer:
Vladimir79 [104]3 years ago
8 0
The seconds one is the correct answer
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On December 21, 2017, Novak Company provided you with the following information regarding its equity investments.
vodomira [7]

Answer:

(a)

Dr Unrealized Holding Gain or Loss -Equity $1,410

Cr Fair Value Adjustment $1,410

(b)

Dr Cash $9,410

Dr Loss on Sale of Investment $590

Cr Equity Investment $10,000

(c)

Dr Fair Value Adjustment $1,120

Cr Unrealized Holding Gain or Loss-Equity $1,120

Explanation:

(a) Preparation of the adjusting journal entry needed on December 31, 2017.

Dr Unrealized Holding Gain or Loss -Equity $1,410

Cr Fair Value Adjustment $1,410

(To Adjust to Fair Value for 2017)

(b) Preparation of the journal entry to record the sale of the Colorado Co. stock during 2018.

Dr Cash $9,410

Dr Loss on Sale of Investment $590

(20,200- 20,790)

Cr Equity Investment $10,000

($9,410+$590)

(To Record Sale of Stock)

(c)Preparation of the adjusting journal entry needed on December 31, 2018.

Dr Fair Value Adjustment $1,120

Cr Unrealized Holding Gain or Loss-Equity $1,120

(To Adjust to Fair Value for 2018)

Investments Amortized Costs, Fair Value , Unrealized Gain (Loss)

Clemson Corp. stock

$20,200 $19,410 ($790)

Buffaloes Co. stock

$20,200 $20,700 $500

$40,400 $40,110 ($290)

Previous Fair Value Adjustment (Credit)

$1,410

Fair Value Adjustment (Debit)$1,120

7 0
3 years ago
Which of these people is most likely a freelancer?
marshall27 [118]
A. Zoey is likely a freelancer
6 0
3 years ago
Read 2 more answers
Ultimate Corporation uses a standard cost system for the production of its water ski radios. The direct labor standard for each
andre [41]

Answer:

Direct labor rate variance= $594 unfavorable

Explanation:

Giving the following information:

The standard direct labor cost per hour is $7.20.

During August, Zanny's water ski radio production used 6,600 direct labor-hours at a total direct labor cost of $48,708.

<u>To calculate the direct labor rate variance, we need to use the following formula:</u>

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Actual rate= 48,078/6,600= $7.29

Direct labor rate variance= (7.20 - 7.29)*6,600

Direct labor rate variance= $594 unfavorable

6 0
3 years ago
If a project activity experiences positive variation:
kari74 [83]
<span>The project management office (PMO) helps an organization develop project management skills.
</span>If a project activity experiences positive variation: the following activity can be started earlier than anticipated.
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3 years ago
PLS HELP ASAP WILL GIVE BRAINLIEST!!!
Lynna [10]
The answer is D because the monopoly is the hardest to get into.
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