Answer:
Revenues, expenses, income summary, dividend or withdraws account
Explanation:
The closing entries for the following accounts are presented below:
1. Service Revenue A/c Dr XXXXX
To Income Summary XXXXX
(Being revenue account closed)
2. Income summary A/c Dr XXXXX
To Expense A/c XXXXX
(Being expenses accounts are closed)
3. Income summary A/c Dr XXXXX
To Retained earning XXXXX
(Being the difference is credited to retained earning that reflected as a profit)
4. Retained earnings A/c Dr XXXXX
To Dividend A/c XXXXX
(Being dividend account is closed)
Answer:
If the economy is at the potential output and the Fed increases the money supply, in the long run real GDP will likely remain the same.
Explanation:
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The npv assuming cash flows all come at the quit of each length of wall road prep is the net gift value (NPV) component. the existing value (PV) of a move of cash flows represents how a great deal the future coins flows are well worth as of the cutting-edge date.
Cash flows refer to the net balance of coins stepping into and out of an enterprise at a specific point in time. coins are constantly stepping into and out of a business. for instance, whilst a store purchases stock, cash flows out of the commercial enterprise toward its providers.
Add your internet income and depreciation, then subtract your capital expenditure and trade in working capital. loose coins waft = net income + Depreciation/Amortization – change in operating Capital – Capital Expenditure. net earnings are the organization's income or loss in the end its expenses had been deducted.
Cash flows is essential to be understood properly as it facilitates you to become aware of your assets of income and the way you spend your cash. Armed with this knowledge, you can take the proper motion to hold a tremendous coin flow and in the long run reap your monetary desires.
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Answer:
the total compensation cost is $75,000
Explanation:
The computation of the total compensation cost for this plan is shown below:
Total compensation cost = option granted × fair value of each option
total compensation cost = 75000 × $1
total compensation cost = $75,000
Here to determined the total compensation cost we simply multiplied the option granted with the fair value of each option so that the correct amount could come
Therefore the total compensation cost is $75,000