Question after suffering two years of staggering hyperinflation, the african nation of zimbabwe officially abandoned its currency, the zimbabwean dollar, in april 2009 and made the u. s. dollar its official currency. someone in zimbabwe would have been willing to accept u. s. dollars in exchange for goods and services because a. the exchange rate was low. b. u. s. dollars were a good store of value. c. it was too expensive to keep producing a local currency. d. u. s. dollars had a lower price level.

As related to a company completing the purchase to pay process, is there an accounting journal entry "behind the scenes" when xyz company pays for the goods within 10 days of the invoice (gross method is used for discounts and terms are 2/10 net 30) that updates the general ledger?

Your own record of all your transactions. a. check register b. account statement

On december 31, 2013, coronado company issues 173,000 stock-appreciation rights to its officers entitling them to receive cash for the difference between the market price of its stock and a pre-established price of $10. the fair value of the sars is estimated to be $5 per sar on december 31, 2014; $2 on december 31, 2015; $10 on december 31, 2016; and $8 on december 31, 2017. the service period is 4 years, and the exercise period is 7 years. prepare a schedule that shows the amount of compensation expense allocable to each year affected by the stock-appreciation rights plan.