Answer: The scenario exemplifies <em><u>simplification.</u></em>
Explanation:
Simplification is a process used to make something easier to understand. It can also be used to help something more simple to learn and also to easier to do.
With this scenario, the manager is interacting the exact same way as they always do no matter where they are located. This is helpful because the manager does not need to learn or remember to change the way they act when meeting someone new in business.
The action that will be the least helpful if you've been the victim of identity theft is : Withdraw your money from all account.
You should report it to the law enforcement instead. Withdrawing all of your money from all account which make it even harder to catch the thief since you got no bait left
The challenge of indirect benefits occurs when the social, economic, or environmental benefits of a company's sustainability commitments do not directly benefit primary customers or clients.
<u>Explanation:</u>
An indirect gain is a profit which can not be directly measured but is still appreciated-as opposed to the more readily quantified direct benefits like decreased headcount or increased revenue. The indirect advantages progress only when the customers or clients are also benefited, otherwise one or another day the failure of such tactics, destruction of image of firm, etc would happen.
Labor productivity is the best illustration of a technology's indirect gain; greater performance does not necessarily contribute to the elimination of an ongoing cost element but is understood in the context that it helps workers to do their roles better and quicker.
Answer:
$475,000
Explanation:
Calculation for By what amount would LBM credit capital in excess of par
Dr Cash $500,000
(25,000 shares*$20 per share)
Cr Common Stock $25,000
(25,000 shares*$1 per share)
Cr Capital in excess of par $475,000
($500,000-$25,000)
Therefore based on the above Journal entry and calculation the amount that LBM would credit as capital in excess of par will be $475,000 ($500,000-$25,000).
Answer and Explanation:
The Journal entry is shown below:-
Bonds payable Dr, $1,800,000
(1,800 × $1,000)
To Discount on bonds payable $30,000
To Common stock $720,000
(1,800 × 40 × $10)
To Paid-in-capital in excess of par $1,050,000
(Being conversion of bond into common stock is recorded)
Therefore for recording the conversion using the book value approach we simply debited the bonds payable and credited the discount on bonds payable, common stock and paid-in-capital in excess of par.
