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Arada [10]
3 years ago
9

An accounting report that shows the changes in capital during the accounting period is a/an A. balance sheet. B. income statemen

t. C. statement of owner’s equity. D. All of the above
Business
2 answers:
saw5 [17]3 years ago
4 0
D would be the answer
jeka943 years ago
4 0
The correct answer is C. Statement of owner's equity.
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A(n) ______ is defined as trying to earn a profit by providing goods and services that satisfy people's needs and wants.
Tema [17]

Every individual or business wants to make profit this is done by providing goods and services that satisfy people's needs and wants.

<h3>What is a business?</h3>

A business is an organization that aims at making a profit by providing goods and services that are desired by individuals also known as customers.

Business meets a need and gets profit in return.

Therefore, A Business is defined as trying to earn a profit by providing goods and services that satisfy people's needs and wants.

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3 0
2 years ago
Granfield Company is considering eliminating its backpack division, which reported an operating loss for the recent year of $41,
jekas [21]

Answer:

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Explanation:

4 0
3 years ago
Wells technical institute (wti) provides training to individuals who pay tuition directly to the school. wti also offers trainin
hodyreva [135]

Wells Technical Institute's method of recording unearned revenues and prepaid expenses into its balance sheet accounts is known as an accrual method of accounting.

<h3>What is accrual method?</h3>

A method of accounting in which the payments and the receipts for a business are recorded in the books of accounts at the time they are due, but not yet received, is known as the accrual method of accounting.

Hence, the significance of accrual method is given above.

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4 0
2 years ago
Universal Waste Disposal sold 1,350,000 shares of stock at $24.62 per share. The investment banker's commission was 5% of the va
Gre4nikov [31]
The proceeds that UWD received will be as follows:
Number of shares 1,350,000
share price $24.62
Amount realized from the shares:
1,350,000×24.62
=33,237,000

Total amount to be deducted will be:
(Commission+Accounting fees+legal fees+printing costs+selling expenses)
commission=$1,661,850
Accounting fees=$450,000
legal fees=$1,225, 000
printing cost=$275,000
selling expenses=$300,000

Total=(1,661,850+450,000+1,225,000+275,000+300,000)
=$3,911,850

The amount received will be:
33,237,000-3,911,850
=$29,325,150
4 0
3 years ago
20 POINTS AND BRAINLIEST. Mike wants to pursue a job in energy. He goes to college to become
Kamila [148]
This is an example of an apprenticeship
Can you please comment to this and tell me if it’s right if you know?
4 0
2 years ago
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