Answer:
The journal entries alongwith its explanation are as under:
Explanation:
Journal entry at Jan 3, to record purchase of treasury stock would include the recording of treasury stock at the price paid to the shareholders for purchase of the stock, the journal entry is as under:
Dr Treasury Stock (1800 share*$8 per share) $14,400
Cr Cash $14,400
Journal entry at Jan 30, of selling treasury stock would include the elimination of the treasury stock at the amount purchased and the remainder will will be the Paid-In Capital, the journal entry is as under:
Dr Cash (1200*9) $10,800
Cr Treasury stock (1200*8) $9,600
Cr Paid in capital from sale of treasury stock $1,200
Since 1884, climate records have been kept, and they show that Philadelphia experiences an average yearly snowfall of 22.3 inches. An illustration of descriptive statistics is this value.
<h3>
What is descriptive statistics in statistics?</h3>
The fundamental characteristics of a dataset identified in a particular study are described, illustrated, and summarized using descriptive statistics. The summary provides details on the data sample and its measurements. Analysts will understand the data more readily as a result.
<h3>
What can we conclude from descriptive statistics?</h3>
The features and value distribution of one or more datasets are summarized using descriptive statistics. The central tendency and degree of value dispersion in datasets can be quickly viewed by analysts using the traditional descriptive statistics.
Learn more about descriptive statistics: brainly.com/question/13335435
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Answer:
<u><em></em></u>
- <em>At the end of the first compounding period: </em><u>$1,050.00</u>
- <em>At the end of the second compounding period: </em><u>$1,102.50</u>
Explanation:
<u />
<u>1. First period:</u>
- <em>APR = 10%</em> = 0.1 compounded semi-annually.
- <em>Semi-annually compound interest</em>: 0.1 / 2 = 0.05
- Interest earned at the end of the first period: $1,000 × 0.05 = $50.00
- Amount in the accoun at the end of the first period:
$1,000.00 + $50.00 = $1,050.00
<u>2. Second period</u>
- Amount in the account beginning the second period: $1,050.00
- Semi-annually compound interest: 0.1 / 2 = 0.05
- Interest earned in the second period:
$1,050.00 × 0.05 = $50.00 = $52.50
- Amount in the account at the end of the second period:
$1,050.00 + $52.50 = $1,102.50
False it is not a true statement.
Answer:
Express.
Explanation:
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.
There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, etc.
An express contract can be defined as a type of contract in which the terms binding on the two parties are either explicitly stated in writing or orally, or a combination of both.
In this scenario, Angelica signed a contract to work for Acme Global. The contract described the terms of her employment, including her pay and benefits. Thus, Angelica signed an express contract because the exchange of promise is stated explicitly in writing and it's a legally binding agreement on the two parties (employer and the employee).
