Answer:
b. Paid cash dividends of $13,200 to common stockholders.
Explanation:
Cash flows from financing is the cash gained or spent from raising capital or paying it's investors. It primarily measured flow of cash between a business and its owners and creditors.
Includes the following activities: paying dividends, obtaining loans, issuing and selling stock, repurchasing stocks, and paying long-term debt.
Positive cash flows from financing means the firm gets inflow of cash while negative flow means firm gives out cash.
Paying dividends to stockholders is a financing activity that involves outflow of cash from the firm to its owners.
<u>Answer:
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If the bad results are to be reduced, the trade-off would be that most economic production units would have to be shut down and hence, many people would lose their jobs.
<u>Explanation:
</u>
- For any activity carried out by humans, there is a certain degree of negative impact or a negative footprint left.
- As the income earned by performing a specific activity needs to be spent for the fulfillment of some other activity, in the same way, an activity done to earn has to be naturally coupled with an activity of loss sooner or later.
Answer: Pharaohs journal $
Date
December 31, 2017
StaffBonusexpensesDr384,900
Accruede liability Cr384,900
Narration. Staff bonus due as at date.
February 15,2018
Accrued liability Dr 384, 900
Bank Cr. 384,900
Narration. Payment of staff bonus due
Explanation:
In line with the acrual concept of recognising expenses at the period they are due for payment. The staff bonus will be recognized as an expense to the income statement in 2017 and accrued as liability in the balance sheet if it's not paid.
The payment in 2018 will be a debit to the liability account and credit to the cash or bank account.
The answer to your question is accounting and purchasing
