Analysts say visitors stay an average of how many seconds on any webpage?

An accountant has debited an asset account for $1,300 and credited a liability account for $500. Which of the following would be

Genrish500 [490]

Answer:

D. Debit a Stockholders' account for $800

Explanation:

In this question we use the accounting equation i.e shown below:

Total assets = Total liabilities + Total stockholder equity

where,

Debited Total assets = $1,300

Credited Total liabilities = $500

So, the total stockholder equity is

= $1,300 - $500

= $800

So, the incorrect way is to debit a stockholder equity for $800

6 0

4 years ago

Which of the following statements reflects upon the difficulty companies face when requiring international suppliers to follow e

AleksAgata [21]

It seems that you have missed the necessary options for us to answer this question so I had to look for it. Anyway, here is the answer. The statement that reflects upon the difficulty companies face when requiring international suppliers to follow environmental and human rights standards set by u.s. firms is this: Both economics and culture enter into the discussion of fairness concerning international suppliers who do business with U.S. Firms. Hope this helps.

5 0

4 years ago

Which term describes the reduction in an asset’s value over its lifespan?

Verizon [17]

Answer:

Depreciation / Amortization

Explanation:

Depreciation is an accounting concept that describes the process of allocating the cost of an asset over its meaningful life. Assets require a substantial amount of capital investments. Expensing the entire cost of an asset in one financial year is against the income and expense matching principle.

The business spreads the cost of the asset in each year that the asset is expected to generate revenue. The cost of the asset is divided equally with the number of its useful years. At the end of each year, the depreciation amount is charged to the profit and loss statement of the business.

Depreciation is the term used for tangible assets, while amortization is used for intangible assets. The two operate on the same concept.

5 0

3 years ago

Pomona Corporation issued 60,000 shares of $3 par value common stock at $21 per share and 9,000 shares of $30 par value, ten per

aleksandrvk [35]

Answer:

a.

Dr Cash 2,025,000

Cr Common stock 180,000

Cr Preferred stock 270,000

Cr Additional paid-in capital - common stock 1,080,000

Cr Additional paid-in capital - preferred stock 495,000

( to record the issuance of common stock and preferred stock)

Dr Treasury stock 46,000

Cr Cash 46,000

(to record repurchased of 2,000 common shares at $23 per share)

b.

Dr Cash 42,000

Cr Treasury stock 34,500

Cr Additional paid-in capital ( Treasury stock) 7,500

( to record 1,500 common stock sold at $28 per share)

c.

Dr Cash 10,000

Dr Additional paid-in capital ( Treasury stock) 1,500

Cr Treasury stock 11,500

( to record 500 common stock sold at $20 per share)

Explanation:

a.

*Issuance:

Cash receipt = Common stock unit price x number of common stock issued + Preferred stock unit price x number of preferred stock issued = 2,025,000

Common stock account and preferred stock account will be recorded as par value x number of stock issued. Thus: Common stock account = 60,000 x 3 = 180,000; Preferred sock account = 9,000 x 30 = $270,000

Additional paid-in capital common stock account balance and Additional paid-in capital preferred stock account balance each is equal to the difference between unit sell price and par value times number of stock issued. Thus: Common stock account = 60,000 x 18 = 1,080,000; Preferred sock account = 9,000 x 55 = $495,000.

* Repurchased:

Cash spent on repurchased = no of repurchased x repurchased unit price = 2,000 x 23 = $46,000

b.

Cash receipt ( Debit) = no of common stock sold x unit selling price = 1,500 x 28 = $42,000

Treasury stock will be credited at the amount equal : repurchased price x no of common stock sold = 23 x 1,500 = $34,500

The difference will be credited into Additional paid-in capital ( Treasury stock) $7,500

c.

Cash receipt ( Debit) = no of common stock sold x unit selling price = 500 x 20 = $10,000

Treasury stock will be credited at the amount equal : repurchased price x no of common stock sold = 23 x 500 = $11,500

The difference will be debited into Additional paid-in capital ( Treasury stock) $1,500.

7 0

3 years ago

A rise in the domestic real interest rate would cause a ________ in net exports and a ________ in the exchange rate.

Kisachek [45]

A rise in the domestic real interest rate would cause a fall in net exports and a RISE in the exchange rate.

In general, businesses and consumers spend less when interest rates are high. This is because borrowing money costs more when interest rates are high. As a result, companies frequently turn to the stock market to raise money, which can cause stock values to decline.

An increase in interest rates causes the local currency to appreciate. In comparison to domestic goods and services, import prices decline. Exports see a decline in profitability and competition. Exports decline while imports rise, reducing the net export portion of total demand and spending.

To learn more interest rate would cause a fall in net exports and a RISE about:

brainly.com/question/28475254

#SPJ4

5 0

1 year ago