Which of the Following Journal Entries Shows the Correct Accounting

question 21

Multiple Choice

Which of the following journal entries shows the correct accounting treatment for share issue costs?

• A) Dr Deferred asset: Cr Cash
• B) Dr Cash: Cr Deferred asset
• C) Dr Share capital: Cr: Cash
• D) Dr Cash: Cr Share capital

Understand the legal implications of sexual harassment in the workplace.

Comprehend the purpose and enforcement of affirmative action plans.

Identify legal protections for specific groups under civil rights and employment law.

Recognize the role of government branches and agencies in the formulation and enforcement of employment laws.

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Definitions:

Efficient Scale

The level of production that minimizes the average total cost of production, optimizing resource usage.

Competitive Firm

A company that operates in a market where prices are determined through competition amongst businesses.

Firm's Profit

The financial gain a company achieves when its total revenues exceed the total costs incurred in conducting its business activities.

Efficient Scale

The level of production at which the average total costs of production are minimized.