Answer:
Option (a) is correct.
Explanation:
Given that,
Net income = $112,700
Retained earnings = $108,000
Dividends = $40,000
After all closing entries are made,
The balance in the Retained earnings account is as follows:
= Retained earnings + Net income - Dividends
= $108,000 + $112,700 - $40,000
= $180,700
Hence, the balance in the retained earnings account is $180,700.
Answer:
Dr Cr
Cash (15,000 × $15) $225,000
Common Stock $120,000
(15000 shares × Stated value $8)
Paid-In Capital in Excess of Stated $105,000
Value - Common
($225,000 - $120,000)
Hello!
.
The answer to your question is "0.25 to 2".
.
The management fee for most mutual funds ranges between 0.25 to 2 percent.
:)
Answer:
4600
Explanation:
Rent expense is 6000 but he still owed 1400 of that. So he paid 4600 (6000-1400)
It’s a bill that has/says that every person has four basic consumer rights. Which are -“the right to be informed, the right to choose, the right to safety, and the right to be heard. ”
