Answer:
Check the explanation
Explanation:
When it comes to journal entry, it involves keeping or making or creating records of whichever transactions either an Economic transaction or a non economic one. The transactions are scheduled in an accounting journal which reveals an organization’s credit and debit balances.
The diagram showing the journal entry for recording the issuance of the shares can be seen in the attached image below.
Answer:
The correct answer will be "Reversion interest".
Explanation:
- Reversionary interest seems to be an individual's involvement in something like an asset that whenever a prior estate continues to function. It indicates any desire that is deferred to something like the pleasure of.
- It generally means after enough duration either on a particular arrangement, the charity's grantor seems to have an intention of having again an exchanged asset.
Answer:
d. declines continually as output increases.
Explanation:
The reason for this is that when because fixed cause remains the same as output increases the average fixed cost decreases when output increases. For example the fixed cost of a factory is 10,000 and it produces 100 units. In this case we will divide the fixed cost by the number of units to find the average fixed cost. 10,000/100=100
Now when we increase output to 200 the average fixed cost will decrease.
10,000/200=50.
Mathematically we can view this as the numerator is staying constant whereas the denominator is increasing when output increases, therefore average fixed cost is declining.
The authoritative body designated to promulgate standards concerning an accountant's association with unaudited financial statements of an entity that is not required to file financial statements with an agency regulating the issuance of the entity's securities is the: <u>accounting and review services committee</u>.
<u>Explanation</u>:
The Accounting and Review Services Committee is a committee that engages in reviewing or compiling the unaudited financial statement.
An unaudited financial statement is a document that is not submitted by an individual for verification and review process. The financial statement is said to be unaudited until they are reviewed and approved by a certified external auditor.
The accounting and review services committee are responsible for promulgating standards regarding accountant association. The auditor helps in reviewing the financial statement of the individual.
Answer:
When you talking about this
Explanation:
Sussss but among sus hehhehehehehe loool
