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As previously stated, each package contains a desktop computer, tablet computer, landline telephone, and a 4-in-1 printer. They offer their customers the option of purchasing extra individual hardware items for every electronic hardware package purchase. Figure 6.11 lists the products CBS sells to customers; the prices are per-package, and per unit. These two journal entries…
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Alternatively, a large distribution of dividends that exceed the retained earnings balance can cause it to go negative. You can also move the money to cash flow to pay for some form of extra growth. Instead of paying money to shareholders or spending it, you save it so management can use it how they see…
