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prisoha [69]
4 years ago
5

True or false: in a typical partnership, shareholders hold stock or shares within the company

Business
1 answer:
DochEvi [55]4 years ago
7 0

Answer:

the first question is true but i dont know the other ones im sorry :( (also sorry if im wrong but this is from what i believe)

Explanation:

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The following account appears in the ledger prior to recognizing the jobs completed in January:
deff fn [24]

Answer:

Following are the solution to this question:

Explanation:

In point a:

Journal Entry :

Account                                      Dr                            Cr.

Goods completed              \$358,680

Processing work                                                 \$358,680

Complete total labour costs

= \$70,950 + \$82,770 + \$ 43,360 + \$ 161,600 \\\\ = \$ 358680

In point b:

Uncompleted jobs cost:

\text{Balance, January 1} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \   \$17,510\\\\\text{Direct materials} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \   \$142,360\\\\ \text{Direct labor } \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \             \$153,560\\\\\text{Factory overhead } \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \  \$80,720\\\\\text{Cost of Finished Goods Transferred} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ (\$  358680)\\\\\text{Cost of Unfinished Jobs on Aug 31} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$ 35470\\\\

8 0
3 years ago
John Reynolds established a $500,000 trust, the income from which is to be paid to Mansfield University for general operating pu
zubka84 [21]

Based on the trust amount and the present value of income, the journal entry in Mansfield's books is:

Date          Account title                                   Debit              Credit

                 Beneficiary Interest in Trust       $500,000

                 Contributions with Donor                                      $500,000.

                  Imposed Restrictions

<h3>What journal entry would record the transaction?</h3>

The beneficiary interest account should be debited with the $500,000 that was used to establish the trust.

It should be credited to the Contributions account but only an account that accounts for the restrictions on usage.

Find out more on journal entries at brainly.com/question/14279491.

#SPJ12

6 0
2 years ago
Which of the following federal laws prohibits discrimination in employment against lesbian, bisexual, gay and transgender indivi
aev [14]

Answer:

d. There is currently no federal law protecting lesbian, bisexual, gay and transgender individuals.

Explanation:

LGBT people are not currently protected against discrimination in employment and in the workplace by any specific federal law. Title VII of the Civil Rights Act of 1964 offers some protection because it forbids employment discrimination on the basis of sex.

However, sex is not the same as sexual orientation, or gender orientation, and as a result, LGBT people are not fully protected.

7 0
3 years ago
What is the ending balance on the statement of changes in owner's equity for this data?
creativ13 [48]

The Owner's Equity statement illustrates the capital account changes due to contributions, withdrawals, net income, or a net loss. So Ending Balance of the statement of changes in Owner's equity will be; Opening capital + Capital Added + Net Income - Owner's Withdrawals.

A one-page report titled a "statement of owner's equity" compares all assets and liabilities to determine the owner's equity's overall value. The snapshot, which is tracked over a predetermined time period or accounting period, depicts the flow of cash through a company.

Owner's equity is simply the difference between the owner's initial investment in the business and any withdrawals made by the owner. For instance: A real estate project with a value of $500,000 and a loan balance of $400,000 would have $100,000 in owner's equity.

Learn more about owner's equity here

brainly.com/question/24196918

#SPJ4

4 0
2 years ago
You live in the U.S. and want to invest in a Japanese company because you believe its stock is uniquely positioned to be unusual
ycow [4]

Answer: d. trades as an ADR

Explanation:

American Depository Receipts (ADR) allow for Americans to trade on foreign stock as if they were trading in American stocks. It works by a bank buying a lot of shares in the Japanese company for instance.

They will then reissue these stock as ADRs in the American stock exchanges and also value the ADR based on their valuation models to find out the ratio of ADR to share quantity. If the Japanese company is trading as an ADR. you will be able to invest in them from the United States.

6 0
3 years ago
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