Answer:
Dr Rent revenue
Cr Unearned rent revenue, $4,500
Explanation:
Preparation of XYZ Company Journal entry
Since we were told that the Company received the amount of $18,000 on April 1, 2020 for a one year's rent paid in advance in which the transaction has a credit to a nominal account, this means we have to record the transaction by Debiting Rent revenue with 4,500 and Crediting Unearned rent revenue, with the same amount of $4,500 calculated as
(3/12 x $18,000 ).
Dr Rent revenue
Cr Unearned rent revenue, $4,500
(3/12 x $18,000 )
Answer:
2,000,001 shares
Explanation:
To solve this question, we need to use the cumulative voting formula:
X = [(S x N) / (D + 1)] + 1
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X = minimum number of shares that must be owned = ?
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S = total outstanding shares = 10,000,000
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N = number of directors we want to elect = 1
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D = total number of directors to be elected = 4
X = [(10,000,000 x 1) / (4 + 1)] + 1 = (10,000,000 / 5) + 1 = 2,000,001
There are two voting procedures used to elect the members of a board of directors: the straight voting method and the cumulative voting method.
- The straight voting method favors majority stockholders since they receive one vote per stock per open seat which means that someone that has 50% plus 1 stock can actually get all the board members elected.
- Cumulative voting system assigns one vote per stock for the whole election, that means that a board member could be elected with 20% plus 1 vote. This voting system favors minority shareholders since someone with 50% plus 1 vote could only get 2 members elected by himself/herself.
The paper companies are the ones responsible. Either in chile or overseas in the uS
Answer:
The correct answer is the third option: the difference between actual costs and standard costs for units produced.
Explanation:
To begin with, the total manufacturing costs variance is the concept known in the field of business and that is comprehended in the accounting field that involves and cosists of direct materialsl costs variance, direct labor costs variance and factory overhead costs variance. And therefore that it implicates the difference between what actually all that variables end up costing and what the company thought that it will cost regarding their standards given.
We need to look at the schedule variances and cost variances to get a detailed values of the project schedule and cost performance.
Basically, a project schedule helps to show what to be done, what to utilize and when the project is due.
- The cost performance does show the financial effectiveness and efficiency of the project.
In conclusion, we definitely need to look at the <u>schedule variances</u> and <u>cost variances</u> to get a detailed values of the project schedule and cost performance.
Read more about schedule variances
<em>brainly.com/question/3521424</em>
