Indicate how each event affects the elements of financial statements. Use the following letters to record your answer in the box shown below each element. Use only one letter for each element. You do not need to enter amounts.Increase = IDecrease = DNo Effect = NThe Craig Corporation began operations on January 1, Year 1 by issuing 5,000 shares of $6 par-value stock at $12. Indicate the effects of this transaction on the financial statements.AssetsLiabilitiesEquityRevenuesExpensesNetIncomeCash Flow? ?????
What will be an ideal response?
(I) (N) (I) (N) (N) (N) (I)
Issuing common stock for an amount greater than par value increases assets (the cash account) and increases equity (the common stock account and the paid-in capital in excess of par value - common stock account). It is reported as a cash inflow from financing activities.
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This chapter stressed the importance of data normalization when constructing a relational database. Why then is it important to de-normalize data in a data warehouse?
Which is true about headsets?
A. Service desk best practices state that headsets that cover both ears enable analysts to be most effective. B. Since headsets are light, it is okay to use one that encourages you to tilt or hang your head. C. Wireless headsets are not as effective on service desks as once thought, as calls are often dropped. D. Headsets relieve stress and tension by freeing analysts' hands for typing.
The act of negotiating contract terms between an employer and the members of a union is known as ________
A) mediation B) arbitration C) collective bargaining D) enterprise bargaining
Do you believe that televisions should be allowed in state and federal courtrooms?
What will be an ideal response?