Business, 08.03.2021 23:50, madelyngv97
What should be the rectifying entry for ₹3, 50,000 spent on a family trip enjoyed by Mr. Khanna and recorded them by debiting to Office Expenses A/c?
a) Drawings A/c Dr. 3,50,000
To Cash A/c 3, 50,000
b) Drawings A/c Dr. 3,50,000
To Office Expenses A/c 3, 50,000
c) Office Expenses A/c Dr. 3,50,000
To Drawings A/c 3, 50,000
d) Cash A/c Dr. 3,50,000
To Office Expenses A/c 3, 50,000
Answers: 3
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Granby foods' (gf) balance sheet shows a total of $25 million long-term debt with a coupon rate of 8.50%. the yield to maturity on this debt is 8.00%, and the debt has a total current market value of $27 million. the company has 10 million shares of stock, and the stock has a book value per share of $5.00. the current stock price is $20.00 per share, and stockholders' required rate of return, r s, is 12.25%. the company recently decided that its target capital structure should have 35% debt, with the balance being common equity. the tax rate is 40%. calculate waccs based on book, market, and target capital structures. what is the sum of these three waccs?
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Based on the supply and demand theory, why do medical doctors earn higher wages than child-care workers?
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What should be the rectifying entry for ₹3, 50,000 spent on a family trip enjoyed by Mr. Khanna and...
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