Answer:
d. debit Retained Earnings, $3,000; credit Dividends, $3,000.
Explanation:
The journal entry to close the dividend account should be
Retained earnings Dr $3,000
To Dividend $3,000
(being the closing of the dividend account is recorded)
here the retained earning is debited as it decreased the stockholder equity and dividend is credited as it is closed
The answer is: Balance sheet
The balance sheet on the financial statements will show the total amount of each accounts that the company manages to accumulate throughout its operational years. The amount of the balance sheet on current year will be used as a starting point when calculating the balance sheet for the next year
Answer: It will reduce in demand
Explanation: If you raise a price customers are less likely to buy it when it’s at a higher price
The new firm obtains a copy of the form from the new employee and from FINRA's Central Registration Depository.
A firm is a for-income enterprise, commonly fashioned as a partnership that offers expert services, which include legal or accounting services. The concept of the firm posits that companies exist to maximize profits.
A firm is an enterprise that seeks to make a profit thru the sale of products and offerings. The time period firm is synonymous with enterprise or corporation. Firms can function beneath numerous special systems, together with sole proprietorships and companies.
The adjective company describes something this is strong and unwavering. if your top-notch Aunt Martha had a firm notion that kids need to be visible and now not heard, you and your siblings might have spent your early life using her loopy. something this is stable can also be defined as firm.
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Answer:
<em>Before setting your prices, it's wise to research industry standards- B.</em>
