Answer:
I think the answer is 3.
Explanation:
For a high economy, a nation must have wealth (well there are other factors too) and for wealth it must have a mechanism for attracting savings and channeling the for money and slowly slowly the economy will start growing.
$340,000. stockholders' equity on December 31, 2022
$280,000 + ($375,000 - $285,000) - $30,000 = $340,000
Total Assets = Penalties + Owner's Equity
<h3>How to Calculate Current Liabilities. </h3>
The equation must counteract because everything the firm owns must be purchased from debt (liabilities) and assets (Owner or stockholders equity). The owner's equity is computed by adding up all of the business assets and removing all of its liabilities.
To calculate current liabilities, you ought to add together all the money you owe lenders within the next year (within 12 months or less). Current liabilities contain current payments on long-term loans (like mortgages) and client deposits.
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Because you have to put more time effort and mony into your social responsibility
(It's explain)
Answer:
All of the above! Have a nice weekend!
Explanation:
Answer:
E. Debit to Utilities Expense for $300.
Explanation:
The journal entry to record the given transaction is shown below
Utilities expense Dr $300
To cash $300
(Being cash paid is recorded)
For recording this we debited the utilities expense and credited the cash as it increased the expenses and decreased the assets in order to posting it correctly
Therefore it would be debited to utilities expense