The statement of partners' equity shows each partner's beginning capital balance, additional investments, allocated income or loss, partners' withdrawals(expenses, withdrawals), and ending capital balance.
<h3>What is
capital balance?</h3>
Capital Balance refers to the principal balance of a Loan at any point in time to which the Servicer applies the relevant interest rate at which interest on that Loan accrues.
Simply add up the company's total current assets and subtract the total current liabilities from that total. The result is the amount of working capital available to the company at that time.
The capital balance is the amount borrowed less the future interest rate paid in monthly installments. It is the sum you must pay if you want to settle the contract.
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Answer:
Additional paid in capital $294,750
Retained earning = $315,000
Explanation:
Given data:
Additional paid in capital
for Atkins = 112,500
for waterson = 15,500
Retained Earning
For Atkins = 315,000
For waterson = 148,200
News shares issued 60,750
Price per share $3
Additional paid in capital will be
= 294,750
Retained earning = 315,000
Answer:
Compensation for damages
Explanation:
James negligently misrepresented that a baseball card was a highly collectible and rare card. He did not mean to deceive the buyer of the card, but the court found that he was negligent. Therefore, the buyer will receive: Compensation for damages.
Negligence is a failure to exercise appropriate and or ethical ruled care expected to be exercised amongst specified circumstances.
Someone who suffers loss caused by another's negligence <u>may be able to sue for damages to compensate for their harm.</u>
