Answer:
The correct option is B,common stock 30,000 cash 10,000 and building 20,000
Explanation:
Geraldine Parker's contributions to the business -that is both cash and building are seen as his capital invested in the business.Invariably, it is assumed the new business owes Geraldine Parker the worth of resources invested
Appropriate double entries for the transaction are shown below
Dr Cash $10000
Dr Building $20000
Cr Capital $30000
This is the capital as at the start of the business,it is also possible that Geraldine Parker contributes additional capital which adds to existing capital.
Also,the profits made increases the stake of the owner in the business and drawings should e deducted from the capital in case the owner withdraws cash or goods from the business.
Answer:
$3,553
Explanation:
Credit losses = Net credit sales × Historical percentage of credit losses
= $131,750 × 3%
= $3,953
Allowance for doubtful account has a credit balance of $400
The estimated bad debt expense can therefore be calculated as:
Bad debt expense = Credit losses - Allowance for doubtful accounts credit balance
= $3,953 - $400
= $3,553
Hence, the estimated bad debt expense using the percentage of credit sales method is $3,553
Xtronic CVT, D-step transmission tuning and 1.6-liter DOHC engine are the key features to point out when demonstrating the kicks’ efficient performance.
<h3>What is the Kick
efficient performance?</h3>
The vehicle's efficient performance is a features that aims to increase the performance of the car engine while being driven.
Hence, the key features to point out when demonstrating the kicks’ efficient performance includes:
- Xtronic CVT
- D-step transmission tuning
- 1.6-liter DOHC engine
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The aspect of analyzing teamwork is Chi-Ling using is authority differentiation. Thus the option 3rd is correct.
<h3 /><h3>What is Authority?</h3>
Authority refers to the power access by the individual or the government over the others. The authoritative person can make the decisions regarding the various sectors and make his subordinates to work in his accord.
The Chi ling has divided the work of the accounting and marketing between his employees and made the head of the department. Thus this concept of analyzing the teamwork is known as authority differentiation.
The authority of the both the employees Connor and Manami is well defines they both will looking after their filed and are free to take decisions on their department.
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Let's suppose that the demand for allergists increases in California. assuming there is a perfectly competitive market for allergists in California :
Allergists from other states (or countries) could move to California.
Surgeons, hematologists, and other doctors in California could become allergists after some retraining.
More people could enter medical school, specialize in allergies, and move to California.
A competitive market is an economic term that refers to a market in which there are a large number of buyers and sellers and no single buyer or seller can influence the market. A competitive market has no barriers to entry, many buyers and sellers, and homogeneous products.
In economics, especially general equilibrium theory, perfect markets, also called atomistic markets, are defined by several idealized conditions collectively known as perfect or atomistic competition.
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