Answer:
Dr Cash account 100
Cr Common Stock account 100
Explanation:
When a company sells stock they must record the value of the stock sold at par value in the common stock account. Any extra money received should go to the capital paid-in excess of par value account.
In this case, Niren sold 100 shares at par value ($1), so $100 should be recorded in the common stock account.
B. Providing technology to ensure efficient incident communications.
C. Setting up and maintaining incident facilities.
D. Preparing and documenting Incident Action Plans.
Answer:
Major activities of the Planning Section include: D) Preparing and documenting Incident Action Plans.
Explanation:
The Planning section is responsible for various activities carried out in Incident Command System or ICS. ICS is used to respond to emergencies in the United States. The activities that befall under this section are mostly related to plannings.
These activities are: collecting and evaluating information, preparing and maintaining documents of incidents, etc. Preparing and maintaining the incident documents is an essential task and requires accuracy in representing the facts and figures. Hence, we can say that D is the only activity in the planning section of the ICS.
The major activities of the Planning Section in incident management include setting up and maintaining incident facilities, preparing and documenting Incident Action Plans, and providing technology for efficient incident communications.
The major activities of the Planning Section in incident management include:
#SPJ6
Answer:
Duty of care and oversight
Explanation:
Though the liability due to carelessness is waived off but the directors are liable for duty of care and duty of oversight of companies issues and they must act in the best interest of shareholders. This carelessness will result in heavy fines which the shareholders will have to bear. So the director is liable for his misconduct.
Answer:
Duty of obedience
Explanation:
The fiduciary duties of the board of directors include the duty of care (which was eliminated by the company), but it also includes the duty of loyalty and obedience to the corporation.
The duty of obedience means that board members must make sure that the corporation follows all applicable laws and regulations. If they are ignoring warnings and citations, the corporation is obviously not following all the laws and regulations.
Answer:
$960,000
Explanation:
The computation of the net realizable value (book value) of the receivable is shown below:
= Balance of accounts receivable - the balance of allowance for uncollectible account
= $1,000,000 - $40,000
= $960,000
Simply we deduct the balance of allowance for an uncollectible account from the Balance of accounts receivable so that the correct amount can come.
All other information which is given is not relevant. Hence, ignored it