Answer:
$300,000
Explanation:
Although the property dividend was distributed on January 15, year 6. the <u>amount that will be used is the value of the shares as at the declaration date and not the distribution date </u>
Hence, since the aggregate market price of the tell shares held by bain was $300,000. on the declaration date, the entry to record the declaration of the dividend should include a debit to retained earnings (or property dividends declared) of $300,000
Answer:
The correct answer is letter "A": Job group analysis.
Explanation:
Job group analysis is the evaluation carried out by a company to determine the amount of workforce available and the number of job positions required to cover the operations expected. Besides, it considers the diversity present among existing employees based on <em>age, race, gender or ethnicity</em> to mention a few examples.
Answer:
Credits are made to Common Stock $30,000 and Paid in capital in excess of Par value $12,000
Explanation:
The journal entry is shown below;
Cash $42,000 (3,000 shares at $14)
To Common Stock $30,000 (3,000 shares at $10)
To Paid in capital in excess of par value $12,000 (3,000 shares at $4)
(Being issuance of the common stock is recorded)
Here cash is debited as it increased the assets and credited the common stock & paid in capital as it also increased the stockholder equity
Answer:
The correct answer is the opportunity cost of producing a good.
Explanation:
The production possibility curve or frontier shows all the different bundles of two goods that can be produced using the given resources.
The opportunity cost of a good is the amount of other good sacrificed to produce this one.
The slope of production possibility curve represents the opportunity cost of producing a good.
Answer:
The answer would be,
Explanation:
Voucher: They help record expenses and also help with your payment. They can also be defined as source documents that help identify the origin of a transaction.
Example: cash memos, pay-in-slips.
