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3 years ago

Record the journal entry that would be made by a nongovernmental, not-for-profit organization involved in medical research.

Business

1 answer:

ra1l [238]3 years ago

6 0

Answer:

S/n Journal Entry Debit Credit

1 Cash $1,500

Contributions-Unrestricted $500

Contributions-Temporarily Restricted $1,000

2 Pledges Receivable $700,000

Contributions-Permanently Restricted $700,000

3 Medical Research Program Expenses $1,200

Contributions-Unrestricted $1,200

4 Medical Research Program Expenses $5,000

Cash $5,000

Net Assets Release - Satisfaction of $5,000

Program Restrictions - Temporarily

Restricted

Net Assets Released- Satisfaction of $5,000

Program Restrictions-Unrestricted

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The aspect of business ethics that examines business institutions from a social rather than an individual perspective is referre

butalik [34]

It is referred to as DECISION MAKING FOR SOCIAL RESPONSIBILITY. Social responsibility has to do with people and organizations behaving and conducting business ethically and with sensitivity toward cultural, economic, social and environmental issues.

4 0

4 years ago

Select the correct answer.

-BARSIC- [3]

Answer:

the answer is b

Explanation:

4 0

3 years ago

Which of the following functions includes identifying the sources of risk and may include offering advice on controls that can r

Kaylis [27]

Answer:

It is Risk Assessment

Explanation:

Risk Assessment is process of identifying and analyzing potential events that may negatively impact on the business either as individual or in aggregate and prevent the company from achieving its objectives.

Each business has its own inherent risks and a conscious efforts must be made to identify and analyse them using impact assessment. Necessary measures must be put in place to prevent or reduce their impacts.

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3 years ago

Last year, a toy manufacturer introduced a new toy truck that was a huge success. The company invested $4.50 million in a plasti

ExtremeBDS [4]

Answer:

Break-even price = $7

Explanation:

<em>The break-even price is the price at which the the total contribution from the sale is equal to the fixed cost of $300,000.</em>

(x- 4)× 100,000 = 300,000

100,000X - 400,000 = 300,000

100,000X = 300,000 + 400,000

x= 700,000/100,000

X = $7

Break-even price = $7

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3 years ago

In a recent annual report, Fourth Wall Inc. (formerly Greencube) disclosed that 61,600,000 shares of common stock have been auth

blagie [28]

Answer:

See

Explanation:

Fourthwall Inc.

Number of shares outstanding at the end of the year

Issued shares (35,949,952 + 566,765)

36,516,717

Treasury stock (7,331.269 + 3,114,188)

3,121,519.269

Share outstanding

33,395,197.73

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3 years ago