Answer:
<em>Ok so Here's my advice</em> -
<em>"If You can't do great things then, do small things in a great way" </em>
<em>Byee!</em>
<em>-Nezuko </em>
Answer:
See the attached file below
Explanation:
Step 1
Calculate unit of raw material needed by multiplying required production with units of raw material needed per unit of finished goods.
Step2
Now add desired ending inventory to units of raw material needed calculated in step 1. You'll get total units of raw material needed.
Step 3
Subtract beginning inventory from total units of raw material needed calculated in above step. You'll get total units of raw material to be purchased.
Step 4
Now multiply the unit cost of raw material with total units of raw material to be purchased to to get cost of raw material to be purchased.
Answer:
A) Credit to Common stock $2,000
C) Credit to Additional paid-in capital $8,000
Explanation:
The journal entry to record the issuance of stocks should be:
Dr Cash 10,000
Cr Common stock 2,000
Cr Additional paid in capital 8,000
Whenever a corporation issues new stocks, it must increase common stock account using the stocks' par value. Any additional amount must be recorded under the additional paid in capital account. Both accounts are part of the stockholders' equity and have credit balances.
Answer:
I belive it's A.
Explanation:
Becuase often times, they collect and file and that was the only one that really made sense to me. Let me know if im wrong though.
Answer:
$53,300
Explanation:
Given that,
Common Stock account = $44,400
Beginning retained earnings = $32,600
Net income = $35,500
Dividend declared and paid = $14,800
Retained earnings at the end of the year:
= Beginning retained earnings + Net income - Dividend declared and paid
= $32,600 + $35,500 - $14,800
= $53,300
Therefore, the retained earnings at the end of the year is $53,300.