B) going public
my PayPal is tiyastar pay $0.20 I’m trying to buy a $4.00 necklace for my mum
Answer:
$91,100
Explanation:
Calculation to determine the total cost of merchandise purchased
Using this formula
Total cost of merchandise purchased = Invoice cost of merchandise purchases + Cost of transportation in - Purchase returns and allowances - Purchase discount
Let plug in the formula
Total cost of merchandise purchased= $100,000 + $500 - $400 - $9,000
Total cost of merchandise purchased= $91,100
Therefore the total cost of merchandise purchased is $91,100
Answer:
Adjusted book balance will be $4258
Explanation:
We have given ending book balance = $4200
Error in recording = $50
Interest revenue = $33
And service charge = $25
We have to find the adjusted book balance
Adjusted book balance is given by
Adjusted book balance = Ending book balance + error in recording + interest revenue - service charge = $4200+$50+$33-$25=$4258
Answer:
The owner's equity be as of December 31, 20Y7 is $705
Explanation:
In this question, we apply the accounting equation which is given below
Total assets = Total liabilities + shareholder's equity
The question has said that the liabilities are decreased and the assets are increased.
So, the new asset is = total assets + increased amount
= $1,000 + $130
= $1,130
And, So, the new liability is = total liabilities - decreased amount
= $450 - $25
= $425
So, the shareholder equity would be equal to
= $1,130 - $425
= $705
Hence, the owner's equity be as of December 31, 20Y7 is $705
