Answer: $158,000
Explanation:
Equity = Opening equity + Net Income - Dividends
Net Income = Revenue - expenses
= 33,500 - 26,000
= $7,500
Equity = 160,000 + 7,500 - 9,500
= $158,000
The answer is: "brainstorming" .
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"<u> Brainstorming </u><u></u> is the process of creating related ideas in an uncritical and nonevaluative environment."
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Suppliers will keep raising prices as long as there is excess demand, & quantity demanded exceeds the quantity supplied. Hopes this helps
Answer:
Explanation:
Prepare a post-closing trial balance.Step 9
Prepare an adjusted trial balance.Step 6
Analyze business transactions.Step 1
Prepare a trial balance.Step 4
Journalize the transactions.Step 2
Journalize and post closing entries.Step 8
Prepare financial statements.Step 7
Journalize and post adjusting entries.Step 5
Post to ledger accounts.Step 3
Answer:
47 months
Explanation:
This can be calculated using a financial calculator :
I = 18% / 12 = 1.50%
PV = -5000
PMT = 150
FV = 0
N = 47 months
