Answer:
Journal Entry
Explanation:
The Journal Entry is shown below:-
Materials Dr, $190,000
Accounts Payable 190,000
(Being Material repurchase is recorded)
Therefore for recording the material purchase we debited the materials and credited the accounts payable.
So, as per the question, the correct entry is above. The option is not available.
Answer: $47.50
Explanation:
The Price per share under Plan I can be calculated by the formula;
Price per share = Value of debt / (Number of shares under all-equity plan - Number of shares under Plan)
= 109,250 / ( 15,000 - 12,700)
= 109,250 / 2,300
= $47.50
It should be B, because you can't just stop in the middle of the road, especially a busy one, though if your car stops on it's own (stalls) it's not by choice and put your hazard light one, and just using your mirrors is extremely dangerous! You need to see in front of you to, mirrors only see what's behind you.