Answer:Share premium account of $24,000
The provider of attorney services of $30,000
Explanation:
On provision of services, the Attorney services expenses account is debited with $54,000 and the attorney services provider account credited with $54,000
Furthermore a share account is opened for the provider and credited with $30,000 , the share premium is credited $24,000 and a debit transfer is made to his liability account initially credited.
The $24,000 credit to share premium represents the difference between the nominal value of the share of $5 and the market value of $9 multiply by the 30,000 shares he was paid with.
Also a memorandum will be issued to state that 6000 share has been transferred from Miller to the attorney services provider and the shares will be delited from his name and entered in the name of the services provider because the credit of shares to his account does not represents new shares issued but it's the transfer of Miller's shares to him.
Among the following <span>options for saving money that typically offers the least liquidity, (A) Savings Bond is the correct answer. The term that is being referred here which 'least liquidity' means that you or any other person can not withdraw any money at any time they want.</span>
Answer:
B. $80
Explanation:
The annuity exclusion ratio is ($4,800/($100*240))= 20% return of capital per payment. Hence, $80 of the $100 monthly payment is include in gross income
Being present in 170 countries, McDonald's business is indeed very widespread and there are lots of factors in it being very successful now. Even if there are certain problems in the economy of a certain country, many countries will still have very booming economy allowing the business to grow more and more profitable.
Answer:
A business continuity document
Explanation:
A business continuity plan document helps protect a business from the impact of potential crises that may affect their operations.
It is very important for small businesses to have this written document.
Carla's business continuity plan document should detail:
1. the key business functions needed to get operating as quickly as possible and the resources needed to do so if there's an attack.
2. identify potential crises that might affect the business and also determine how to minimise the risks of these disasters occurring.
Since training has been given to staffs before about their responsibilities in an emergency situation, they should apply what they've learnt.
For example, if there's a possibility for an attack that may affect power supply, Carla should put a back-up generator in place, in the event of a failure.
