Answer:
b) $225,000
Explanation:
Common Stock ($0.50 x 450,000) $225,000
Discount on capital (($4-$0.5) x 450,000 $1,575,000
Retained Earning ( $100,000 - $40,000 ) <u>$60,000 </u>
Total Equity <u>$1,860,000</u>
Shares are recorded in the common stock account at the par value. Difference of $4 and $0.5 is recorded as add in capital excess of par common shares.
Answer:
Common-ground persuasion technique
Explanation:
A common-ground persuasion technique is a technique aimed at improving interpersonal relationships. Like the word, common ground means establishing agreement on certain ideas or points in other to ensure that relationships between individuals are stable and problem free.
In the case of Rebecca, she has used the common-ground persuasion technique to ensure that her boss accepts her suggestion that one of the office assistants take on the responsibility of completing the sales report. By carefully outlining more disadvantages of her taking up the responsibility, her boss will most likely agree to her suggestion.
Cheers.
The answer is 6250 buddy.
You're welcome
-From Hockey
The answer to this question is: Risk
In most cases, something that give the potential reward of time, money, and reputation will also possess the risk of losing that same thing at the same degree. This principle will often used by investors to choose which portofolio that they want to pursue with their capital.
Answer:
False
Explanation:
The GAAP established that when the benefits of obtaining accounting information are lower than the costs of providing that information, the information should not be provided.
For example, sometimes there are very small differences in certain accounts that don't allow a balance sheet to be balanced. If the accounting error is very small, e.g. just a few hundred dollars, then it is not reasonable to have a whole audit team check all the financial statements again to determine what caused the error. An adjusting entry could be made to close the account balances.
Imagine you are an auditor that must check the physical inventory of a factory and some boxes containing supplies are misplaced. It might take you a whole day to count again all the supplies and materials, but is it worth it? If the supplies were really expensive, probably yes, but if they were cheap components, then probably no.