One of the main reason is He <span>Knocked out in one of the games during high school. Grange remained unconscious for two days after the blow and started to experience difficulity in speaking. This make his career became really blurry and none of the team want to sign him. In the end, he had to make his own team.</span>
Timmons Corporation purchases office supplies for $350 cash. Debit Supplies $350, credit Cash $350.
A legal entity is an organization (usually a group of people or a legal entity) authorized by the State to act as a single entity and legally recognized as such for a specific purpose. Early incorporated entities were established by charter. Most jurisdictions now allow the formation of new companies through registration.
A corporation is a business entity owned by shareholders who elect a board of directors to oversee the activities of the organization. A company is responsible for its actions and finances, but its shareholders are not.
Learn more about Corporation here:brainly.com/question/13551671
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Wildcat strike is where workers just strike without telling the union or getting approval
Answer:
1. No effect
2. Outflow of cash
3. No effect
So, by $6,000, the net worth would decrease.
Explanation:
1. In the first situation, she purchases $5,000 worth of a mutual fund with cash which means it affects both the asset and the liability. So, the net impact would be zero.
2. In the second situation, she spends $6,000 on a two-week vacation which means it withdrew money that represents an outflow of cash.
3. In the third situation, again it affects both the asset and the liability. So, the net impact would be zero.
So, the net worth would decrease by $6,000
