Sole proprietorship
Partnership
Incorporation
Answer:
The budgeted ending balance of cash for the month of April is $36,000
Explanation:
Ending balance of cash = Cash balance at beginning of April + Expected cash receipt - (Salary paid + Material purchases + Other expenses)
= $16,000 + $272,000 - ($62,000 + $94,000 + $96,000)
= $288,000 - $252,000
= $36,000
Note: Depreciation is non- cash expense so it will not be considered while computing the cash balance at the end of the month.
The answer is c , assume compan used traditional costing stystem
Answer:
D.
Explanation:
Based on the scenario being described within the question it can be said that the Quick’s contract with Tine is valid because the contract is fair to Quick. Therefore, the fact that Knox is a majority shareholder in Tine does not complicate the deal. If the deal was made to be more fair to Tine then this information can cause a complication, and even make the contract void.
Answer:
I'm on here most of the time.
Explanation:
If you'd like, I'll try to answer all of your questions! Just give me the word. :)
