Bramble Architects incorporated as licensed architects on April 1, 2022. During the first month of the operation of the business, these events and transactions occurred: Apr. 1Stockholders invested $24,210 cash in exchange for common stock of the corporation. 1Hired a secretary-receptionist at a salary of $504 per week, payable monthly. 2Paid office rent for the month $1,210. 3Purchased architectural supplies on account from Burmingham Company $1,748. 10Completed blueprints on a carport and billed client $2,555 for services. 11Received $941 cash advance from M. Jason to design a new home. 20Received $3,766 cash for services completed and delivered to S. Melvin. 30Paid secretary-receptionist for the month $2,016. 30Paid $403 to Burmingham Company for accounts payable due. Post to the ledger T-accounts. (Post entries in the order of journal entries presented in the question.)

“strategy, plans, and budgets are unrelated to one another.” do you agree? explain. explain how the manager’s choice of the type of responsibility center (cost, revenue, profit, or investment) affects the behavior of other employees.

The era of venture capitalists doling out large sums of money to startups is a. just beginning b. on the rise c. over d. fading

Kandon enterprises, inc., has two operating divisions; one manufactures machinery and the other breeds and sells horses. both divisions are considered separate components as defined by generally accepted accounting principles. the horse division has been unprofitable, and on november 15, 2018, kandon adopted a formal plan to sell the division. the sale was completed on april 30, 2019. at december 31, 2018, the component was considered held for sale. on december 31, 2018, the company’s fiscal year-end, the book value of the assets of the horse division was $415,000. on that date, the fair value of the assets, less costs to sell, was $350,000. the before-tax loss from operations of the division for the year was $290,000. the company’s effective tax rate is 40%. the after-tax income from continuing operations for 2018 was $550,000. required: 1. prepare a partial income statement for 2018 beginning with income from continuing operations. ignore eps disclosures. 2. prepare a partial income statement for 2018 beginning with income from continuing operations. assuming that the estimated net fair value of the horse division’s assets was $700,000, instead of $350,000. ignore eps disclosures.