Answer:
The retained earnings statement showed a closing retained earnings of $226,120.00 as at 2017 year end.
Explanation:
In arriving at the closing retained earnings , I treated prior items retrospectively- that is as if the impact of such items have been in the accounts from day one,less the tax effect of all items involved.
For instance ,I deducted the understatement of depreciation in 2015 less of tax impact of 40%
Kindly find attached for details.
A fiscal year, is a 12-month financial planning period that may or may not coincide with the calendar year.
Explanation:
A fiscal year to the government is just like a financial year for a company/corporation.
A government can have a fiscal year from the middle of a year (July) to the next year (June) which in total is 12 months.
Sometimes a fiscal year coincide with the calendar year but that does not acknowledge the fact that is must be a calendar year.
This fiscal period are a planned period to take up projects or meet budgets.
I believe the answer is: by informing readers of the education options being described
By putting the phrase "After high schools" , readers would know that the information that being put below the phrase would include the set of options/paths that can be done after graduation. In most career planning forms, it would contain information regarding college, scholarships, and the type of careers that can be taken with current high school diploma.
Answer:
D) enforce the contract.
Explanation:
Neither party knew about the gold mine before the deal was made, Byron and Charity even thought it was worthless. If Charity by accident, chance or luck discovered the gold mine, then she is entitled to it. Even f Byron wants to cancel the deal, he can't because Charity acted on good faith and the discovery of the gold mine was not something planned or intended.
For example, if I like an antique at a yard sale and I purchase it at $5, and then by chance someone that knows about antiques tells me that it is really expensive, a made a lot of money and the previous owner doesn't have the right to cancel the sale.