1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Aleks [24]
3 years ago
11

Assume that ABC had a retained earnings balance of $10,000 on April 1, and that the company had the following transactions durin

g April. Issued common stock for cash, $5,000. Provided services to customers on account, $2,000. Provided services to customers in exchange for cash, $900. Purchased equipment and paid cash, $4,300. Paid April rent, $800. Paid employees' salaries for April, $700. What was ABC's retained earnings balance at the end of April
Business
1 answer:
Lostsunrise [7]3 years ago
8 0

Answer:

ABC's retained earnings balance at the end of April is $11,400

Explanation:

The addition to retained earnings in the current month is revenue derived from providing services to customers minus the expenses such as rent and employee salaries

Net income for the month=$2,000+$900-$800-$700=$1400

Retained earnings at month end=opening retained earnings+net income

Retained earnings at month end=$10,000+$1,400=$11,400

You might be interested in
Suusssssysysysyysysysys boi amugus​
Thepotemich [5.8K]

Answer:

ur mom

im a free man in a free town in a  country  and a free world

8 0
2 years ago
An outbreak of salmonellosis occurred after an epidemiology department luncheon, which was attended by 485 faculty and staff. as
liraira [26]

Out of the 485 who ate the same food items, 65 people had fever and diarrhea and five of them were severely affected. If there were 72 cases added based on the laboratory tests, clinically apparent cases will be (65+72) or 137. The ratio of severe cases to other clinically apparent cases was 5/137.

4 0
3 years ago
A Louisiana lease must be in writing to be valid: Select one: A. If the lease is for more than one year B. If the lease is for i
olchik [2.2K]

A Louisiana lease must be in writing to be valid at no time since written leases are not required in Louisiana. This is further explained below.

<h3>What is a lease?</h3>

Generally, lease is simply defined as a contract wherein one party transfers land, property, services, etc. to another for a defined length of time, often in exchange for monthly payments.

In conclusion, Since written leases are not needed in Louisiana, a verbal lease in Louisiana is legal at any time.

Read more about lease

brainly.com/question/22785840

#SPJ1

3 0
2 years ago
when convicts are released from prison, they have no money, and there is a high rate of recidivism the released prisoners return
slava [35]

Answer:

Yes

Explanation:

Recidivism can be defined as seen in the question as the tendency of an ex-convict to return to crime.

When a person returns from a sentence, he has nothing. No income, no job, etc. As a result of this, some ex-convicts are tempted into returning to the lifestyle that got them imprisoned in the first instance. Without a job,which is as a result of stigmatization of ex-convicts as never-do-well, there can't be income.

For this reason, the government should endeavor to give ex-convicts income support for a few months after their release from the prison. This will go a long way in helping the ex-convicts stay of crime and also help them plan towards a better life.

Cheers.

8 0
2 years ago
I need a 6 sentences paragraph of What would your ideal mentor be like?
alexira [117]

My ideal mentor should have qualities including the ability and willingness to communicate to others; To be organised and prepare for future questions and to be prepared to help. The ability to listen and to comprehend with people. Being a mentor also means you should continue learning about what's going on in your your own social life school or the world at large. Last point, always be fair and always be kind!

Your welcome,

6 0
3 years ago
Other questions:
  • Urgent!!
    10·1 answer
  • Ideally, capital budgeting analysis should take cash flows into account . Understanding the nature of projects Capital budgeting
    15·1 answer
  • 3) Frito-Lay's gathers daily sales data and sorts it by product line and by region. The marketingmanagers use the data to evalua
    10·1 answer
  • To find an error, you should do all of the following except double-check every entry. find the difference between debits and cre
    13·1 answer
  • The method used to share an idea with an audience is called what? 6 points
    11·1 answer
  • A table for a monthly bank reconciliation dated September 30 is given below. For each item 1 through 12, indicate whether the it
    15·1 answer
  • On a 100-acre farm, a farmer is able to produce 3,000 bushels of wheat when he hires 2 workers. He is able to produce 4,400 bush
    6·1 answer
  • Summer Dean was walking through the mall and found a gym bag lying on the ground. The decision Dean must make as to whether to k
    14·1 answer
  • Many small firms seek to establish a particular niche in the market, realizing that they cannot afford to operate on a larger sc
    11·1 answer
  • In janie's comparative market analysis, comp a has an adjusted price of $118,000; comp b, $112,500, and comp c, $121,300. what w
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!