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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
explain inflationary accounting
Illustrations of Income statement Profit/Loss on disposal of non-current assets Material write down or reversal of write down on assets e.g. PPE inventory and debtors.
Illustration of Deffered Tax A firm bought an item of plant at a total amount of £50,000. During the first year, the firm provided for depreciation of 10,000. The item of plant
1. What is the internal rate of return for a project that has a net investment of $150,000 and net cash flows of $40,000 for 5 years? 2. Using the profitability index, which of
The Major Assignment Business Case Study is about American Cable Communications' proposed acquisition of the firm Air Thread Connections. The case study is available from the folde
Olivia has received a $15 gift certificate that is redeemable only for roasted peanuts. Bags of roasted peanuts come in two sizes, regular and jumbo. A regular bag contains 30 pean
For what EDP is using in accounting
1. Ben lost his job when his employer moved its plant. During the year, he collected unemployment benefits for three months, a total of $1,800. While he was waiting to hear from pr
what is the definition?
Q. Compute the present value? The offer for the manufacturing rights is for a ten-year period. Annual after-tax cash flow after Year 4 = $660000 Present value of this c
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