Answer:
Journalize the transactions is given below
Explanation:
given data
Issued = 66,500 shares
cash = $6 per share
Issued = 41,500 shares
cash = $8 per share
solution
we get here Journalize the transactions
and we assuming that the common stock has a par value of $6 per share
so
Jan. 10 cash is 66,500 × 6 = 399000
and cash for July 1 is = 41,500 × 8 = 332000
and common stock = 41,500 × 6 = 249000
paid in capital excess = 332000 - 249000 = 83000
Date Account Titles Debit Credit
Jan. 10 cash 399000
common stock 399000
July 1 cash 332000
common stock 249000
paid in capital excess 83000
Answer:
$3,504
Explanation:
Catering supplies = $500 + $76 x j + $14 x m
where,
j = number of jobs in a month
m = number of meals in a month
therefore,
Planning budget for June, use the Actual number of jobs and meals into the formula (Actual Activity).
June Catering supplies = $500 + $76 x 13+ $14 x 144
= $3,504
Conclusion
The catering supplies in the planning budget for June would be closest to $3,504.
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Answer: The answer is trade deficit.
Explanation: Balance of trade is represented by net exports (exports minus imports) and is usually influenced by factors that affect international trade. Those factors inflation include: inflation, natural endowment, exchange rate, trade policy, pandemics (e.g., coronavirus).
A trade surplus occurs when the value of a nation's exports is more than the value of its imports. However, trade deficit occurs when the opposite happens.
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