Answer:
Explanation:
The journal entries are shown below:
a. Artwork A/c Dr $85,500
To Cash A/c $85,500
(Being work is reported on the government-wide financial statements)
Depreciation Expense A/c Dr $5,700
To Accumulated Depreciation A/c $5,700
(Being depreciation expense is recorded)
The depreciation expense is shown below:
= Original cost ÷ useful life
= $85,500 ÷ 15 years
= $5,700
b. Artwork expenditure A/c Dr $85,500
To Cash A/c $85,500
(Being work is reported on the fund financial statements
Answer:
b. the par value of all capital stock issued.
Explanation:
As per the business format, capital of a company is the value of share capital.
Now, also legal capital means the share capital issued as this reflects the legal share of individual investors in the company.
Authorized capital is the value of maximum capital that can be issued by the company in the form of equity shares.
Issued capital is that part of authorized capital that is actually issued.
And therefore, the par value that is the face value of shares issued, that is equity issued is the legal capital of the company.
Answer:
forecast on equipment usuge by a Dry cleaner
Explanation: For Sept 88,91,94 and 97
october-94,97,
Answer:
<em>Whenever the president of the local public university promotes the institution, he emphasizes the university's price most often because its tuition is much lower than neighboring private colleges, while students still receive a high-quality education with a student-centered faculty. He is positioning the institution based primarily on:</em><em> </em><em><u>the </u></em><em><u>value</u></em><em><u> </u></em><em><u>proposition</u></em>
