Neci and Olwen want to form and do business as a corporation-Pastries & Pies Inc Its existence depends generally on?
A) city or county corporate codes
B) the Entrepreneur's Corporate Handbook.
C) the federal Administrative Procedure Act.
D) state law.
D
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The ________ was organized in 1886 as a group of national craft unions.
A. United Auto Workers' organization B. Change to Win federation C. Congress of Industrial Organizations D. American Federation of Labor
The original cost of an asset plus the trade-in or salvage value of an asset equals the depreciable cost of that asset
Indicate whether the statement is true or false
At the beginning of 20xx, Helms Corporation had 34,000 shares of $10 par value common stock issued and outstanding. During January 20xx, Helms declared and distributed a 10 percent stock dividend. The market value of Helms's stock was $24 throughout the month of January. The entry to be recorded for the declaration of stock dividend is :
a. Stock Dividends 81,600 Common Stock Distributable 34,000 Additional Paid-in Capital 47,600 b. Common Stock Distributable 81,600 Common Stock 81,600 c. Common Stock Distributable 81,600 Common Stock 34,000 Retained Earnings 47,600 d. Stock Dividends 68,000 Cash 68,000
A change in an accounting estimate is:
A. Not allowed under current accounting rules. B. Reflected in past financial statements. C. Reflected in current and future years' financial statements, not in prior statements. D. Considered an error in the financial statements. E. Reflected in future financial statements and also requires modification of past statements.