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How do i find the retained earnings? What is the formula to find retained earnings? What is the retained earnings?Accounts payable $ 5,000 Notes payable $ 7,000Accounts receivable 2,000 Rent expense 10,000Advertising expense 4,000 Retained earnings?Cash 3,100 Service revenue 25,000Common stock 15,000 Supplies 1,900Dividends 2,500 Supplies expense 1,700Equipment 26,800 Net Income 9,300
Conditions of a will A written will is not valid unless it fulfills the following conditions. 1) The testator must sign the will; or he must affix his mark to the will (i.e. a
Are revenue and expense accounts permanent accounts and should not be closed at the end of the accounting period?
The maximum possible loss method Under this method, a table is set up to compute the amounts payable to each partner. The results of the computation may be then posted into the
The optimal distribution policy strikes that balance between current dividends and capital gains that maximizes the firm's stock price
explain the purpose and circumstances of using fair values in preparing consolidated financial statements
In common terms the future value of an annuity or regular annuity is specified by the subsequent formula: FVA n = A (1 + k ) n -1 + A (1 + k ) n - 2 + ... + A .............
Uniform Accountancy Act (UAA) - UAA is the proposal for a new regulatory framework for the public accounting profession that was developed jointly by the American Institute of Cer
There are two projects A and B. The initial capital outlay of A and B are Rs.1,35,000 and Rs.2,40,000 respectively. There will be no scrap value at the end of the life of both the
Q. Estimate cost of equity using dividend valuation model? The cost of equity may be approximate using either the dividend valuation model or the capital asset pricing model. I
I am taking finance class. Our books is John C. Hull 2nd edition Risk Management and Financial Institutions. Our HW are from this book. I have four questions I need help with.
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