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Andrews [41]
1 year ago
6

Owner contributions and retained earnings are combined in a single capital account on the balance sheets of?

Business
1 answer:
Sergeeva-Olga [200]1 year ago
8 0

Owner contributions and retained earnings are combined in a single capital account on the balance sheets of .proprietorships.

A sole proprietorship, also known as a sole proprietorship, sole proprietorship, or sole proprietorship, is a form of business owned and operated by a single person where there is no legal distinction between owner and business entity. Sole proprietorships do not necessarily work alone and may employ other people.

Examples of sole proprietors include small businesses. B. A one-person art studio, grocery store, or IT consulting service. The moment you start offering goods and services to others, you become a sole proprietorship.

A sole proprietorship is a business owned and controlled by an individual, corporation, or limited liability partnership. The company has no partners. Sole proprietorship legal status can be defined as follows: It is not a legal entity separate from the business owner.

Learn more about proprietorships here

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What are three of the common factors that make local economies different?
vitfil [10]

Answer:

Marketplace, advancements in technology, and investments

Explanation:

Various factors are involved which make a local economy different such as marketplace, advancement in technology and investment. These three are the most important and critical factors which distinguish local economies from the global or international market. The above three factors are important for economic growth and can take an economy from a developing to a developed economy.

8 0
3 years ago
I just turned 18, an I want to apply for a car loan. But as we all know, I don't have credit. I was think of having my mom co si
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4 0
2 years ago
Read 2 more answers
Which 2 statements are correct regarding adjusting sales tax on a return?A. Rounding up should post to an income account B. Pena
kogti [31]

Answer:B and D i think

Explanation:

6 0
3 years ago
in the budget 2013-2014 the government proposed to raise the excise duty on cement. it also proposed to raise the income tax on
podryga [215]

Worried by falling stock prices and plunging sales, cigarette makers are lobbying hard to prevent the government from hiking excise duty for the third straight year. Industry body, The Tobacco Institute of India in its budget submission to the finance ministry has requested the government to maintain the current duty on cigarettes and reduce duty on the smaller size sub-65 mm length filter to Rs 200 per thousand sticks from Rs 669 per thousand cigarettes to allow the industry

5 0
2 years ago
You have $250,000 to invest in a stock portfolio. Your choices are Stock H, with an expected return of 12.9 percent, and Stock L
prisoha [69]

Answer:

The investment in stock H will be $104837.5 while the investment in stock L will be $145162.5

Explanation:

The portfolio return is the weighted average return of the individual stocks that form up the portfolio. The weightage of each stock in the portfolio is the investment in a stock as a proportion of investment in the portfolio.

Let x be the weightage of Stock H.

Weightage of Stock L will be (1-x).

Portfolio return = wH * rH  +  wL * rL

Plugging in the values,

0.111 = x  * 0.129   +   (1-x) * 0.098

0.111 = 0.129x  +  0.098  -  0.098x

0.111- 0.098  =  0.031x

0.013 / 0.031  = x

x = 0.41935 or 41.935% rounded off to 3 decimal places

(1-x) = 1 - 0.41935  =  0.58065 or 58.065%

Investment in Stock H = 250000 * 41.935%  =  $104837.5

Investment in Stock L = 250000 * 58.065%  =   $145162.5

6 0
3 years ago
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