Answer:
Jan 15 Land $45,000 Dr
Building $95,000 Dr
Common Stock at par $100,000 Cr
Paid in Capital in Excess
of Par, Common Stock $40,000 Cr
Explanation:
The assets are recognized by a company at the market value on the day of transaction. The market value of land and building was $140,000 (45000 + 95000). Thus, the stock issued against these assets was issued at $14 per share ($140000/10000) and a premium of $4 / share was received.
The Land is debited by $45000 and building by $95000 while we credit the common stock at par value $100000 and credit the premium $40000.
Answer: B. The coding scheme was not reliable.
Explanation: The most likely discrepancy for the of this study/research is the coding system, a coding system is an analytical tool used to categorize samples or treatments in order to effectively enhance the research or study and to give correct results. Coding systems are also used in computer analysis for effective result presentation. Coding can be used in quantitative analysis such as Questionnaire results and in qualitative in the case of interview transcripts.
Answer:
(a) An employee’s monthly credit card payments are nearly 75% of her monthly earnings. select a fraud triangle factor. Financial pressure.
(b) An employee earns minimum wage at a firm that has reported record earnings for each of the last five years. select a fraud triangle factor. Rationalization.
(c) An employee has an expensive gambling habit. select a fraud triangle factor. Financial pressure.
(d) An employee has check-writing and -signing responsibilities for a small company, and is also responsible for reconci. Opportunity.
Explanation:
Fraud refers to obtaining something of value with a false representation of facts.
The fraud triangle factors are:
Opportunity: A situation that allows fraud to happen, for example, there are no internal controls in a company.
Financial pressure: There is a need that takes a person to commit fraud, for example, a debt.
Rationalization: The person that commits the fraud justifies it in his mind, for example, the person needs the money more than the big organization.
Answer:
think.....all you have to do is think XD
but in all honesty the answer is a determine your descision
Answer:
The total selling expenses for the quarter will be $25,800
Explanation:
The computation of the total selling expenses for the quarter is shown below:
= Salaries + commission + Advertising
where,
Salaries = Expected salaries × number of months in one quarter
= $5,000 × $3
= $15,000
Commission = (January sales + February Sales + March Sales) × Commission percentage
= ($25,000 + $30,000 + $35,000) × 10%
= $9,000
And, the adverting equal to
= Expected advertising expenses × number of months in one quarter
= $600 × 3 months
= $1,800
Now put these values to the above formula
So, the value would be equal to
= $15,000 + $9,000 + $1,800
= $25,800
