Answer:
$0
Explanation:
In this method, the transaction reporting will be performed on an accrual basis which means whether or not the payment is paid but it is reported in the account books.
Once the expenditure is incurred or the revenues is earned the same is to be recorded in the books of accounts whether cash paid or not and in case of revenues whether cash received or not
In the given case, the Canon corporation sells on October 15 so it would be recorded on October itself .
Therefore, no revenue would be recognized on the month of November
Answer:
A.True
Explanation:
Enterprising means having or showing initiative and resourcefulness making it helpful in a office.
Answer:
$131,000
Explanation:
The computation of the ending balance of stockholder equity is shown below:
= Beginning balance of stockholder equity + net income - dividend paid + additional common stock issued
= $94,000 + $24,000 - $9,000 + $22,000
= $131,000
Therefore, the ending balance of stockholder equity is $131,000
We simply added the net income and the additional common stock issued and deduct the dividend paid to the beginning balance of stockholder equity so that the ending balance could come
From this list, none are really the perfect solution to have a clear presentation but most likely it would be: C. Using a large font, since it will allow viewers from a long distance to be able to understand better.
Answer:
Zero balance
Explanation:
Because you finished all your money.