Answer:
What amount of the rebates, if any, can Big Homes deduct this year?
$19500
Explanation:
$19,500 if this amount is not material, Big Homes could continue offering rebates in next sells, in addition expects to pay the accrued rebates before filing their tax return for this year.
Answer:
Anderson Co. 3,100 shares at $18 per share
Munter Ltd. 10,200 shares at $57 per share
King Co. 5,600 preferred stock at $42 per stock
a. Prepare the entry for the security sale on January 15, 2021.
- Dr Cash 58,880
- Cr Investment in Anderson Co. stock AFS 52,200
- Cr Realized gain on stock AFS 6,680
b. Prepare the journal entry to record the security purchase on April 17, 2021.
- Dr Investment in Castle's stock AFS 38,160
- Cr Cash 38,160
c. Compute the unrealized gains or losses.
- unrealized gain = $40,800 (gain in Munter) - $11,200 (loss in King) - $13,960 (loss in Castle) = $15,640
d. Prepare the adjusting entry for Vaughn on December 31, 2021.
- Dr Investment in Munter's stock 40,800
- Cr Investment in King's stock 11,200
- Cr Investment in Castle's stock 13,960
- Cr Unrealized gain - other comprehensive income 15,640
Answer: Escape avoidance
Explanation:
Escape avoidance also known as avoidance coping, is an approach that is used to deal with stress related issues. Escape avoidance is a form of coping which involves the changing of one's behavior in order to avoid thinking or feeling things that makes the person uncomfortable.
Escape avoidance involves trying to avoid stress than dealing with them.
It is a great way to relieve stress. Ron hanging out with friends after his losses is trying to take his mind away from the losses and relieve his stress. This is escape avoidance.
<span>I would give excellent customer service to every customer that walks in so they will spread the word that this store has great service, this will bring in more customers that need parts. I would also recommend to the manager to market the store by offering free gifts if they spend 50 dollars or more, or give out some sort of incentives, maybe a punch card, if you get 10 punches, you can have 50% off your next order.</span>
Answer:
1. Dividends = It will be classified as <u>dividends.</u>
2. Rent Revenue = It will be classified as <u>revenues.</u>
3. Advertising Expense = It will be classified as an<u> expense.</u>
4. Stock holders pay cash into business = It will be classified as <u>Issuance of stock.</u>
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Dividends are the share of revenue distributed to stockholders.
Revenues are income earned by the company.
Expense are the outflow of cash or bank payments for running the business.
Issuance of stock refers to collection of money by the company through issuing equity or preference shares.