The definition of deficit is, A sum of money that is small. Also, this can mean a loss of money. Another definition is, the number of loses in sports. Or, individual. Hope this helps
Answer:
whats the question this is just a statement?
Explanation:
I would like to help but I need a question
<span>
<span><span>Depreciation is a </span>sunk cost. </span></span>It is the value lost on an asset
after consumption. In accounting, depreciation cost qualifies as a sunk cost
because it is already lost and cannot be recovered. For that reason, it is
correct to ignore depreciation cost when determining the future course of a
business.
Answer:
$49,000
Explanation:
The cash balance at the end of the period is the remaining balance after considering the opening cash balance and the net movement (which is the inflow and outflow) in cash during the period.
Let the cash payments be y
$29000 + $50000 - y = $30,000
y = $29000 + $50000 - $30,000
y = $49,000
Cash payments for the month of May were $49,000
