Answer:
e. $104,000.
Explanation:
The computation of the ending capital balance is shown below:
As we know that
Ending capital balance = Opening capital balance + net income - withdrawn amount
where,
Opening capital balance = $64,000
Net income is
= Revenues - expenses
= $100,000 - $48,000
= $52,000
And, the withdrawn amount is $12,000
So, the ending capital balance i s
= $64,000 + $52,000 - $12,000
= $104,000
Answer:
Elastic
Explanation:
Description of a curve elastic.: The curve believed by the longitudinal axis of an initially normal elastic strip or bar bent to any structure of elements within its elastic limits.
- Elasticity relates to the level of sales or market sensitivity in response to price changes.
- If a curve becomes more elastic than small price shifts can cause large volume changes consumption.
- At the poles, horizontal will be a beautifully elastic curve, while vertical will be a completely inelastic curve.
Answer:
Entries for December 31:
20000 x 2/10 : $4000
Dr salary expense : $4000
Cr salary payable : $4000
Entries for January 10:
Dr salary expense : $16000
Dr salary payable :$ 4000
Cr cash : $20000
Answer:
A single or double solid white line dividing traffic lanes going in the same direction can't be crossed for any reason. A single solid white line is generally used to indicate the right- most boundary of the drivable roadway on highways.
Explanation:
hope this helps you :)
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