It should be noted that statement of retained earnings gives lists of the beginning and ending balances of key equity accounts.
<h3>What is statement of retained earnings?</h3>
The statement of retained earnings can be regarded as a financial statements which provides details changes in the volume of retained earnings over some period.
statement of retained earnings describes the changes that occur during the period.
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Answer:
For seller = $196.44
For buyer = $4583.56
Explanation:
Data provided in the question:
Taxes for the year = $4,780
Date of closing = January 16
since the day of closing belongs to the buyer therefore the seller owns the tax for 15 days only
Per day tax = [ Taxes for the year ] ÷ 365
= $4,780 ÷ 365
= $13.095 per day
Hence,
Proration will be
for seller = $13.095 per day × 15 days
= $196.44
For buyer = $4,780 - $196.44
= $4583.56
Answer:
c. $ 760,000
Explanation:
For computing the cost of goods manufactured, we have to use the formula which is shown below:
Cost of goods manufactured= Beginning work in process + manufacturing cost - ending work in process
= $125,000 + $835,000 - $200,000
= $760,000
Beginning work in process + manufacturing cost is called total work in process for a given period
Answer:
B) The described experiment meets or exceeds the standards of good science.
Explanation:
When we say a scientific report that has been peer-reviewed, it means that it has been read and evaluated by other scientists. The peer-review process is meant to ensure the integrity and quality of the scientific publications. The peer reviewer should review the experimental design, the data and the analysis.
Answer:
Maximizing Interest Rates. The interest rate on the account offered by the bank is typically what will help you decide the savings account option that is best for you. ...
Fixed Term. ...
Convenience. ...
Minimum Deposits and Avoiding Monthly Fees. ...
Consider Placing Your Savings in More than One Bank.
