The journal entry for this issuance would include is $ 10,53,000.00.
A magazine entry consists of the acquisition of machinery with the aid of the country wherein the equipment account could be debited, and the coins account may be credited.
A magazine access is a report of the enterprise transactions inside the accounting books of a enterprise. A well documented magazine entry consists of the best date, amounts to be debited and credited, description of the transaction and a completely unique reference wide variety. A magazine access is the first step within the accounting cycle.
Debit Credit
Number of shares = $ 39,000
cost of per shares = $3
total cash of shares = $ 117000 117000
Common stock ( 39000 * 3 ) 117000.00
Paid in capital ( 39000 shares * 27) 10,53,000.00
(To record the issuance of shares at a premium of $ 27)
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Answer:
The correct answer is Cushing's Syndrome.
Explanation:
Cushing's syndrome, also known as hypercortisolism, is a disease caused by the increase in the hormone cortisol. This excess cortisol can be caused by various causes. The most common, which affects 60 or 70% of patients, is an adenoma in the pituitary gland; This form of the syndrome is specifically known as Cushing's disease. Other causes of Cushing's syndrome are tumors or abnormalities in the adrenal glands, chronic glucocorticoid use or excessive ACTH production caused by a pituitary adenoma. ACTH is the hormone, produced by the pituitary gland, that stimulates the adrenal glands to produce cortisol. This disorder was described by the American neurosurgeon doctor Harvey Cushing, who reported it in 1932.
Answer: The correct answer is option (A)
Explanation: Activity rates is calculated by dividing the budgeted activity cost by the total activity-base usage.
Activity Rate = (Budgeted Activity cost) ÷ ( total activity base usage)
Answer: 26.5% increase
Explanation:
Current profit = Sales - Variable costs - fixed costs
= ((32.50 - 16.50) * 360 bears) - 1,420
= $4,340
Sales increase by 20% = 360 * ( 1 + 20%) = 432 bears
New profit;
= ((32.50 - 16.50) * 432 bears) - 1,420
= $5,492
Effect of sales increase = ( 5,492 - 4,340) / 4,340
= 26.5% increase
