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galina1969 [7]
2 years ago
5

A commenced his cloth business on 1st April, 2018 with a capital of ₩30,000. On 31st March 2019, his assets were worth ₩50,000 a

nd liabilities of ₩10,000. Find out his closing capital and profits earned during the year.
\:  \:  \:  \:  \:  \:  \:  \:  \:  \:  \:  \:   \:  \:  \:  \:  \:  \:  \:  \:  \:  \:  \:  \:
Help me with this question ~​
Business
1 answer:
marysya [2.9K]2 years ago
8 0

Answer:

Profits = ₩10,000

Closing Capital = ₩40,000

Explanation:

Let's note down the given information at first.

  • Opening capital = ₩30,000
  • Worth of assests after 1 year = ₩50,000
  • Liabilities = ₩10,000

Now,

Profits

= (Worth of assets after 1 year - Liabilities)  - Opening capital

= (₩50,000 - ₩10,000) - ₩30,000

= ₩10,000

Next, let's find the closing capital

= Assets - Liabilities

Assets                ₩50,000

Liabilities              ₩10,000

\rule{150pt}{1pt}

Closing capital      ₩40,000

\rule{150pt}{2pt}

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Based on the above information,

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BlackZzzverrR [31]

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Add Cost of Goods Manufactured for the year $415,000

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4 0
3 years ago
25 POINTS!
pav-90 [236]

Answer:

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Organizing persons from 14 to 28 years old, in their communities on issues of climate, environmental, and social justice.

The benefits, duties, and responsibilities of being a member of the student organization.  

As a memeber the responsibility is to get involve in the campaigns  (marchs, learning activities) that solve problems such as air, water and land pollution and protecting wildlife.

To be involve in any student organization gives life perspective to have a sense of direction in your life and to work towards specific goals. It also helps constructing networks.

The opportunities provided by this organization for developing leadership skills are:

The Sierra Student Coalition has different programs to participate towards the goal of developing an strong environmental conscience one of the is a  a 10 week program called:<em><u> Climate Justice League</u></em> in which I might attain the following skills:

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Answer:

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Explanation:

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