1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mina [271]
2 years ago
11

Hii. Look at the pic plz.

Business
2 answers:
Tanzania [10]2 years ago
8 0

Subscribe me for more search ac bon channel or doraemon tagalog

oksian1 [2.3K]2 years ago
8 0
I looked at the Picture dora I will subscribe
You might be interested in
. lflandis purchased as a building site, the cost of removing existing structures is not charged to the Land account. 12. Deprec
vitfil [10]

Answer:ers 1 it should be included in the land account, 2 it is a process of allocation of cost of the asset. 3 A stock is not the same as cash dividend , 4 Business entity concept, 5 Going concern concept, 6 capital is more accumulated in a corporation than in most other forms of business, 7 corporate income is taxed twice, 8 owners has unlimited liability on corporate debt, 9 The ownership right is easily transferred, 10 to reduce the par or stated value per share.

Explanation:

1 . The cost of removing the existing structure should be included in the land account, in the sense that, It is the cost of preparation of the land for the purpose for which it was purchased.

2. Depreciation can be defined as a decrease or fall in the value of fixed asset, it is the part of the cost of fixed asset consumed during the period of use of the asset by the firm. It allocated that is set to measure the service the asset has provided during the accounting period.

3. A stock is the collection of shares into a bundle or consolidated shares, while a cash dividend is the return given to shareholders based on their investment in shares in the company.

4. The accounting concept of business entity states that, a business is seen as a separate legal entity different from its owners in order to know exactly what the capital employed by the owner's have yielded. When a business is to be sued it is sued in it is own name and not in the name of the owner's of the business.

5. This is the accounting concept of going concern which states that, a business is going to last forever, it is not expected to be liquidated or reduce their scale of operations in the future. This assumption is however broken when there is a voluntary or compulsory liquidation. The death of a shareholder or any members of the board does not bring the business to an end.

6. Capital is more accumulated in a corporation than in most other forms of organization in the sense that, capital can be obtained from different sources such as sales of shares, Debentures, Bank loan and overdraft, Trade credit, Equipment Leasing

7. Corporate income that is distributed to shareholders is taxed twice in the sense that, the company when they made their profit they are made to paid corporate income tax to the government through the tax authority, and when the income is distributed to shareholders in form of dividend the shareholders are also expected to pay tax on the dividend they received from the company.

8. Owners has unlimited liability on corporate debt in the sense that, if the company goes into liquidation, the shareholders can only lose the capital they contributed in form of shares and will not be asked to pay anything further in order to settle the debt of the company.

9.The transfer of shares in a corporation by shareholders does not required the consent of anybody thus it can be easily transferred. A corporation has the advantage of allowing the shareholders to transfer their capital which are in form of shares at will if they feel dissatisfied with the company.

10. Stock split is the method of increasing the number of outst

3 0
3 years ago
Question 27 pts OSHA, the Occupational Safety and Health Administration, has notified you that your company is legally required
denis23 [38]
Compliance i believe
8 0
3 years ago
What is the biggest attraction for businesses considering engaging in
ivann1987 [24]

Answer:

the size of the market on a p e x

Explanation:

5 0
3 years ago
Read 2 more answers
On September 1, 2019, Westwood Builders borrowed $200,000 from Colorado State Bank by issuing a 7-month, $200,000, 6% note. West
attashe74 [19]

Answer:

A.

Notes Payable 200,000

Interest Payable 7,000

Cash 207,000

Explanation:

The Journal entry is shown below:-

Notes payable Dr,       $200,000  

Interest payable Dr,     $7,000  

       To Cash                        $207,000  

(Being pay off the note and interest at maturity is recorded)

Therefore for recording the pay off the note and interest at maturity we simply debited the notes payable and interest payable as it decreases the liability and we credited the cash as it also decreasing the assets.

7 0
3 years ago
Carol has worked for Centrum Springs, Inc., for many years and has now been given the opportunity to advance in the company. Her
levacccp [35]

Answer:

controlling, organizing, planning, and leading

Explanation:

From the question we are informed that Carol's manager is retiring and she will take over. And she will take over management position. Carol needs to have a general understanding of what it takes to be a manager. Therefore in this case, She will need to have knowledge about ✓controlling

✓organizing

✓planning

✓ leading

And all of these are managerial function which are managerial job role as regards to task-based perspective.

Organizing can be regarded as function of management which requires development of organizational structure as well as allocation of human resources so that objective of organization can be met

Planning which requires the manager to create plans so that goals and objectives can be achieved. It involves

delegation of responsibilities, allocation of employee resources

7 0
2 years ago
Other questions:
  • With recent reports of identity theft, mr. Jones, the ceo of a construction company, is concerned about his employees' privacy,
    5·1 answer
  • ]alicia receives better customer service ratings than bobby but she never outperforms hector. candace typically gets better rati
    13·1 answer
  • On Jan 1,2016, the Allegheny corporation purchased machinery for115,000$. The estimated service life of the machinery is 10 year
    5·1 answer
  • The entries for the debit account titles in the "Account Title" column are written
    10·1 answer
  • If the price elasticity of demand for used cars priced between $3,000 and $5,000 is –1.2 (using the mid-point method), what will
    9·1 answer
  • Which of the following is an example of a strategic action?
    12·1 answer
  • Which of these investments may pay dividends?<br> O Bonds<br> IRAS<br> Mutual funds<br> Stocks
    10·1 answer
  • Most Company has an opportunity to invest in one of two new projects. Project Y requires a $310,000 investment for new machinery
    11·1 answer
  • Star co.had sale revenue £540000 in 2015
    8·1 answer
  • sabrina company recorded an adjusting entry for salaries owed to employees at the end of the year. as a result of this entry, sa
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!