The statement of partners' equity shows each partner's beginning capital balance, additional investments, allocated income or loss, partners' withdrawals(expenses, withdrawals), and ending capital balance.
<h3>What is
capital balance?</h3>
Capital Balance refers to the principal balance of a Loan at any point in time to which the Servicer applies the relevant interest rate at which interest on that Loan accrues.
Simply add up the company's total current assets and subtract the total current liabilities from that total. The result is the amount of working capital available to the company at that time.
The capital balance is the amount borrowed less the future interest rate paid in monthly installments. It is the sum you must pay if you want to settle the contract.
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Answer:
The correct answer to the following question is Waiver .
Explanation:
The term waiver can be defined as a legally binding provision , in which either of the parties entered in a contract , in their own free will forfeits a claim, and other party would not be liable. These waivers can be in written from or in some sort of action. Here the insurance company has removed the potential liability of the person who has filled the application form.
Answer:
$1,642.83
Explanation:
The amount after four years can be calculated using the formula below
A = P(1 +r)^n
where A= amount
P = Principal amount $1500
r= interest 2.3% or 0.023
n = time in year; 4
A = $1500(1 + 0.023)^4
A= $1500(1.023)^4
A=$1500x 1.095222
A=$1,642.83
Answer: wrap-up
Explanation: since every project needs to end the wrap-up aims to resolve any pending project-related issues, critique the overall effort of the project, and draw conclusions about how to improve the project management process for the future. Doing this ensures that all stakeholders of the project are satisfied, and that all acceptance criteria for the project have been met. The wrap-up is simply the concluding action of the project.
Answer:
I used an excel spreadsheet because there is not enough room here.
Explanation:
