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3 years ago

Give me atleast 2 question about mice industry

2 answers:

6 0

1. How has the growing economy contributed to the growing MICE industry?

2. When looking for meeting places, what are business meeting coordinators looking for primarily?

kondor19780726 [428]3 years ago

5 0

Answer:

1.How has the growing economy contributed to the growing mice industry?

2.Why does nobody know the size of mice market?

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Alt Corp. issues 5,000 shares of $10 par value common stock at $14 per share. When the transaction is recorded, increases are ma

HACTEHA [7]

Answer:

c. Common Stock $50,000 and Paid-in Capital in Excess of Par Value $20,000.

Explanation:

The journal entry for issuance of the common stock for cash is shown below:

Cash A/c Dr $70,000

To Common stock $50,000 (5,000 shares × $10)

To Additional paid in capital A/c - Common stock A/c $20,000

(Being the common stock is issued for cash)

While recording this entry it increased the assets so the cash account is debited while at the same time it also increased the common stock for $50,000 and the additional paid in capital in excess of par value i.e $20,000 so both these account are credited

8 0

3 years ago

When does a corporation record an increase in Dividends Payable?

Gnoma [55]

Answer:

B. On the declaration date

Explanation:

Dividend payable are usually advised by management but must be ratified by the shareholders (usually in the annual general meeting) for such to be come recognizable in the books. The date of ratification is the declaration date

As such a corporation record an increase in Dividends Payable on the declaration date.

The right option is B. On the declaration date

4 0

3 years ago

If $1000 is invested at 6% interest, compounded annually, then after n years the investment is worth an

Temka [501]

Answer:

Results are below.

Explanation:

Giving the following information:

Initial investment= $1,000

Annual interest rate= 6% = 0.06

Number of periods= n

To calculate the future value after "n" periods, we need to use the following formula:

FV= PV*(1+i)^n

For example:

n= 6 years

FV= 1,000*(1.06^6)

FV= $1,418.52

6 0

2 years ago

A stadium sells 1,000 tickets at $10 and 2,000 tickets at $5. What is the average ticket price for the event?

Len [333]

Average = $\frac{10 + 5}{2}$
= $\frac{15}{2}$
=$7.5

8 0

3 years ago

Allegheny Company ended 2015 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $23,000 and $900, respe

solniwko [45]

Answer:

Allegheny should report as $2,200 as Uncollectible Accounts Expense on its 2016 income statement.

Explanation:

Allegheny determines its bad debt expense by aging its receivables.

The write-off during 2016 would have this effect:

Debit Allowance for doubtful accounts $1,500

Credit Accounts receivable $1,500

(To record write-off during 2016)

The balance in the allowance for doubtful accounts would be $900 - $1,500 = $600 Debit

To reinstate the Allowance account to the estimated amount of $1,600, we need to add back the debit balance to arrive at $1,600 + $600 = $2,200.

The net realizable value of the Accounts receivable becomes: $23,000 - $1,500 - $1,600 = $19,900

6 0

3 years ago