Answer:
Balance Sheet as at year end
ASSETS
Cash (5000 + 600 - 800 - 2000) $2,800
Trade Receivable ( -600) ($600)
TOTAL ASSETS $2,200
EQUITY AND LIABILITIES
EQUITY
Retained Earnings (5000 -800 - 2000) $2,200
TOTAL EQUITY $2,200
LIABILITIES
Liabilities $0
TOTAL LIABILITIES $0
TOTAL EQUITY AND LIABILITIES $2,200
Explanation:
The Balance sheet contains balances of Assets, Liabilities and Equity as at the Reporting date.
So given the above transactions above, we have to identify which accounts (Assets, Liabilities or Equity) are affected by each transaction, than record under the relevant heading as shown in the solution.
Managing your finances is a daily activity for financial wellbeing.
set up a bill payment system on your computer in your checking account.
develop a budget that allows you to pay yourself monthly.
Answer:
Market research is an effective tool to assist your business planning. It is about collecting information that provides an insight into your customers thinking, buying patterns, and location. In addition, market research can also assist you to monitor market trends and keep an eye on what your competition is doing.
Explanation:
Answer:
Net income is $5,578.30
Explanation:
Please refer to the attached file
A disadvantage of speed dating is that it <span>tends to rate potential daters lesser on substantive traits and more on superficial criteria</span>. Since those who fill out paperwork on who they'd like to meet are commonly based off of attributes that attract them to another, those who meet in a speed dating setting are based on superficial criteria instead of actual traits.
