The Loss recorded in the year 2 for the table is -$35,841.39.
<h3>What is the profit or loss on the table? </h3>
<u>Year 2 </u>
Monthly Cost in year $1564.29
Maintenance $0
Salary $39600
Fixed cost $0
Variable cost <u>$356.40</u>
Total cost <u>$41520.69</u>
Reimbursements = $5679.30
Profit or Loss = Reimbursements - Total cost
Profit or Loss = $5679.30 - $41520.69
Loss = -$35,841.39.
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The entry needed to close the dividend account is "Debit: Retained earnings $35,000 and credit: dividend expense $35,000" based on the journal transaction. The dividend is a portion of a company's earnings which be shared by the company to the investor as the return for their investment. This entry will decrease the retained earning balance.
No not if Donald Trump becomes president he is sending all imagrants back and he wants all white schools so
Answer:A. Becky is liable for the damages to Mr. Edwards' garden, because she exercised control over her agent, Maggie.
Explanation:This is a situation where a person is working under the instructions of another, Becky will take the full responsibility for the damage done by the Dog to Mr. Edwards garden.
This can be seen also in conditions where a principal gives instructions or job to an Agent, the actions of the agent will directly impact the Principal as the Agent is working according to the directives of the principal.
Answer:
The break-even point measured in sales dollars is $8