Answer:
The Check Number
Explanation:
The check number is the sequential numbering of the number of checks which the bank has issued to its customer, so that both the bank and the issuer can keep track of the checks. It is also helpful in recording of the checks in the books of accounts and in bank reconciliation to reconcile the bank balance as per the books of accounts with the balance as per the bank statement.
$600,00 is the Stakeholder Equity Balance.
Stakeholder Equity Balance = Total Assets - Total Liabilities
= $1,000,000 - $400,000
= $600,000
<h3>
What is Stakeholder Equity?</h3>
The balance sheet account for stockholders' equity, sometimes referred to as shareholders equity is made up of share capital plus retained earnings. It also symbolizes the difference between the value of assets and obligations. Assets = Liabilities + Stockholders Equity is the original accounting formula, however, it can also be written as
Stockholders Equity = Assets - Liabilities.
Components of the stakeholder Equity are:
- Share Capital is the term used to describe funds that the reporting company receives from transactions with its owners.
- Retained Earnings are income-derived quantities also known as Accumulated Other Comprehensive Income and Retained Earnings (for IFRS only).
- Dividends and Net Income: Dividend payments lower retained profits while net income increases them.
Therefore, $600,000 is the stakeholder equity balance.
For more information on Stakeholder Equity balance, refer to the given link:
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Answer:
0.60
Explanation:
The midpoint formula is used to calculate elasticity by using average percentage in both price and quantity.
The formula is given below:
Percentage change in quantity =<u> (Q2 -Q1) </u> x 100
(Q2 + Q1) / 2
Percentage change in price = <u> (P2 -P1) </u> x 100
(P2 + P1) / 2
Elasticity =<u> Percentage change in price__</u>
Percentage change in quantity
Inserting the data:
Percentage change in quantity =<u> (30 -20) </u> x 100 = <u>10</u> x 100 = 40%
(30 + 20) /2 25
Percentage change in price = <u>($20 - $10)</u> x 100 = <u>10</u> x 100 = 66.6%
($20 + $10) /2 15
Elasticity of supply = <u>40%</u>
66.6%
= 0.60
A surplus of food is definitely something that allowed people to specialize in different Jobs. This is how we can say that the people in the past used this surplus. I hope this works for you
B, I think I don’t know too much. But that sounds the most correct
