Answer:
debit to Raw Materials of $75,000
Explanation:
In this scenario, the journal entry to record the purchase of raw materials would include a debit to Raw Materials of $75,000. A debit is an entry recording a sum owed, listed on the left-hand side or column of an account. Therefore in accounting, since Gullet Corporation's purchase was for an "additional" $75,000 worth of raw material, they owe that money to the company and must make it up through sales that those materials should generate in the future. That is why it is recorded as a debit.
Answer:
The correct answer is American Accounting Association (AAA).
Explanation:
The American Accounting Association (AAA) promotes excellence around the world in education, research and accounting practice. Founded in 1916 as the American Association of University Accounting Instructors, its current name was adopted in 1936. The Association is a voluntary organization of people interested in education and research in the field of accounting.
Answer:
I’m not sure what you mean but sleeping on a case is bad because when revealing the problem might be handle to late
Explanation:
Once every 10 years search it up if I am wrong
Answer:
$81.52
Explanation:
In this question, we are asked to state the price to pay for a stock at this present day.
To calculate this, we compute it mathematically.
Mathematically, we have;
dividend/(1+required return rate)^year
we then add together
we have
=3/(1.12) + 4.25/(1.12)^2 + 6/(1.12)^3 + 100/(1.12)^3 = 81.52
