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stira [4]
3 years ago
10

How do you create a business

Business
2 answers:
Bezzdna [24]3 years ago
7 0

Answer:

with the state

Explanation:

anyanavicka [17]3 years ago
5 0

Answer:

with the state

Explanation:

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Which of the following is one way the Federal Reserve Bank serves the government?
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Answer:

making loans to the government

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You are the owner of a small sandwich shop. a buyer may offer one of several payment methods: cash, a check drawn on a bank, a c
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Red Industries began operations on April 11th, 2022. Red purchased $2,100 of supplies, and a physical count showed that $400 of
schepotkina [342]

Answer:

Explanation:

The journal entry is shown below:

Supplies expense A/c Dr $1,700

                  To Supplies A/c $1,700

(Being supplies account is adjusted)  

The supplies expense is computed below  

= Purchase value of supplies - supplies on hand  at year end

= $2,100 - $400

= $1,700        

For recording, this given transaction we debited the supplies expense account as the remaining balance is transferred to supplies expense and credited the supplies account

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3 years ago
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2 years ago
Read 2 more answers
Malden corporation has assets of $1,000,000 and liabilities of $400,000. What is its stockholder equity balance?
Mumz [18]

$600,00 is the Stakeholder Equity Balance.

Stakeholder Equity Balance  = Total Assets - Total Liabilities

                                                 = $1,000,000 - $400,000

                                                 = $600,000

<h3>What is Stakeholder Equity?</h3>

The balance sheet account for stockholders' equity, sometimes referred to as shareholders equity is made up of share capital plus retained earnings. It also symbolizes the difference between the value of assets and obligations. Assets = Liabilities + Stockholders Equity is the original accounting formula, however, it can also be written as

Stockholders Equity = Assets - Liabilities.

Components of the stakeholder Equity are:

  • Share Capital is the term used to describe funds that the reporting company receives from transactions with its owners.
  • Retained Earnings are income-derived quantities also known as Accumulated Other Comprehensive Income and Retained Earnings (for IFRS only).
  • Dividends and Net Income: Dividend payments lower retained profits while net income increases them.

Therefore, $600,000 is the stakeholder equity balance.

For more information on Stakeholder Equity balance, refer to the given link:

brainly.com/question/24601429

#SPJ4

5 0
1 year ago
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