Answer:
$20,000
Explanation:
For computing the Doug withdrawal amount, first, we have to compute the net income or net loss which is shown below:
Net income/loss = Revenue - expense
= $350,000 - $380,000
= -$30,000
Now Doug share in net loss = Net loss × (his share ÷ total share)
= - $30,000 × (2 ÷ 6)
= - $10,000
We knew that the Doug capital is $30,000 and his share in loss is $10,000
So, its withdrawal amount = $30,000 - $10,000 = $20,000
The best thing to do in this situation is to ask the customer who is impatient to wait in line, it is best to inform the customer in a calm and professional manner to prevent conflict or misunderstandings to arise. It is also best to explain why the customer should wait in line for all other customers are waiting patiently to get their turn. It is only appropriate to follow the rules in order to prevent misunderstandings from happening.
Answer: Thank the interviewer for their time
- Reiterate interest in the position/company
- Remind the employer of your qualifications
- Follow up with any information requested of you
Answer:
After her 18th birthday the balance will be $41,301
Explanation:
Balance right after the 18th birthday is calculated using the formula for future value of annuity
FV = 
Annual payment PMT = 1,000
Interest rate i = 0.09
Deposits are made for 18 years: n = 18
The balance in her account will then be:
FV = 1,000 * ( 1.09^18 - 1 ) / 0.09
= $41,301
Answer:
The match is as follow
1. Posting ⇒ E. Copying data from the journal to the ledger
2. Expense ⇒ A. The cost of operating a business; a decrease in stockholders' equity
3. Debit ⇒ K. Left side of an account
4. Trial Balance ⇒ L. The book of accounts and their balances
5. Equity ⇒ F. Assets - Liabilities
6. Net Income ⇒ G. Revenues - Expenses
7. Receivable ⇒ B. Always an asset
8. Chart of Accounts ⇒ H. Lists all accounts with their balances
9. Payable ⇒ I. Always a liability
10. Journal ⇒ D. Lists a company's accounts and account numbers (no account balances in this item)
11. Normal Balance ⇒ C. Side of an account where increases are recorded
12. Ledger ⇒ J. Record of transactions
