MATCHA CREATIONS Post-Closing Trial Balance
December 31, 2020
Account
Credit
Debit
R1,180
Cash
Accounts Receivable.
875
350
1,210
1,200
R 40
75
Supplies
Prepaid Insurance
Equipment
Accumulated Depreciation - Equipment..
Accounts Payable
Salaries and Wages Payable.
Unearned Service Revenue
Interest Payable
Note Payable
Share Capital-Ordinary
Retained Earnings
56
300
15
2,000
800
1,529
R4.815
R4815
Required
Using the information from previous Lectures and the new information above, do the
following.

(b) Prepare and post the January 2021 transactions.​

Which of the following mechanisms would be most likely to motivate managers to act in the best interests of shareholders? a) decrease the use of restrictive covenants in bond agreements, b) take actions that reduce the possibility of a hostile takeover, c) elect a board of directors that allows managers greater freedom of action, d) increase the proportion of executive compensation that comes from stock options and reduce the proportion that is paid as cash salaries, e) eliminate a requirement that members of the board directors have a substantial investment in the firm's stocks

The following information is available for jase company: market price per share of common stock $25.00 earnings per share on common stock $1.25 which of the following statements is correct? a. the price-earnings ratio is 20 and a share of common stock was selling for 20 times the amount of earnings per share at the end of the year. b. the market price per share and the earnings per share are not statistically related to each other. c. the price-earnings ratio is 5% and a share of common stock was selling for 5% more than the amount of earnings per share at the end of the year. d. the price-earnings ratio is 10 and a share of common stock was selling for 125 times the amount of earnings per share at the end of the year.

The larger the investment you make, the easier it will be to: get money from other sources. guarantee cash flow. buy insurance. streamline your products.