Answer:
The correct answer is letter "D": the beginning balance of owner's equity.
Explanation:
The statement of owner's equity reports the changes in a company's capital balance during a certain period. Thus, the transactions that increased or decreased stakeholder's equity is portrayed in this section. In the statement of owner's equity, the income earned during the current period is added to the beginning capital balance and the owner's equity withdrawals are deducted.
<em>The statement of owner's equity shows at its head the Beginning equity balance -initial money invested in the company over a period.</em>
The statement above is TRUE.
The TEAM Act was enacted by the congress in 1995 in order to exclude labor management committee which are not interested in collective bargaining agreements. The Act allows employees and managers to address matters of mutual interests.
Answer:
What was the amount of credit sales during May? $ 60200
Explanation:
April Deb Cre May
Account receivable 31200 66400 25000
31200 60200 66400 25000
Credit 66400 +
may-31 25000 +
apri-30 -31200 -
= 60200
Answer:
A sole proprietorship is a person who owns the business and is personally responsible for its debts. It is not a legal entity.
A partnership partnership shares the responsibilities, resources, and losses
Explanation:
Answer:
the correct answer is
The $400 retail price of the generator.
good luck