Answer:
d. The amount received in excess of par value becomes part of paid-in capital.
Explanation:
When the corporation issue the capital stock which is higher than the par value it would be credited to Additional paid in capital in excess of par account
The journal entry is shown below for better understanding
Cash A/c Dr XXXXX
To Capital Stock XXXXX
To Additional Paid-in Capital in excess of par - Capital Stock XXXXX
(Being the issuance of capital stock is recorded and the remaining balance is credited to the additional paid-in capital account)
While issuing the stock, we debited the cash account and credited the common stock and additional paid-in capital account
A cost with the characteristics of both a variable cost and a fixed cost is called <u>d. mixed cost.</u>
<h3>What is a mixed cost?</h3>
A mixed cost is a cost consisting of a mixture of fixed and variable elements.
For a mixed cost, the costs are fixed at a certain level of output or consumption and then become variable after this level.
Thus, a cost with the characteristics of both a variable cost and a fixed cost is called <u>d. mixed cost.</u>
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Democratic Leadership or perhaps Meritocracy
Since Aliyah has started a mobile salon service. while she recognizes the risks involved in operating a business which makes her an entrepreneur.
<h3>Who is an
entrepreneur?</h3>
An entrepreneur serves as individual that is able to start a business and bears the risk as well as the profit alone and can ,make the necessary decision in the business.
In this case, Since Aliyah has started a mobile salon service. while she recognizes the risks involved in operating a business which makes her an entrepreneur.
It can be concluded that as an entrepreneur which is an individual who creates a new business that is ready for the bearing of most of the risks as well as enjoying most of the rewards involves alot of patience and the process of setting up a business is regarded as entrepreneurship.
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Answer: True
Explanation:
Yes, the given statement is true that the forecast are establish first so that we can easily understand the different types of factors such as amount of the resources, detail and the level of the accuracy.
The forecast is one of the technique that is used for the historical data or the information that helps in estimating the actual direction and also allocating their specific budget and different types of plans.
Therefore, The given statement is true as these all above given considerations are used for the purpose of forecast.