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3 years ago

14

During the month of July, the Scolari Corporation received $60,000 in cash investments from owners, paid $25,000 cash for suppli

es, and purchased $10,000 of supplies on account. The ending balance in the cash account for the month of July is ________.

1 answer:

iris [78.8K]3 years ago

3 0

The ending balance in the cash account for the month of july is 25,000

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What activity is designed to generate a listing of potential clients?

Sidana [21]

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3 years ago

Abner and Bette have been married for 20 years and always file a joint return, but never itemize their deductions. Abner and Bet

user100 [1]

<u>Solution and Explanation:</u>

Abner & Bette Gross Income = $80,000.00

Less: the Standard deduction (as per Federal tax $12700 for 2017) $ (12,700.00)

Less: the Personal Exemption($4050*2) $(8,100.00)

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<u> The Personal Exemption Amount</u>

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Standard Deduction Amounts

The 2017 standard deduction amounts will be as follows:

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Head of household: $9,350

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3 years ago

Assume that three weeks before you and Lester are supposed to close your deal for the sale a twenty-acre tract of land, Lester c

Margaret [11]

Answer:

The answer is C

Explanation:

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3 years ago

In your initial post, you are to write to either the President (on fiscal policy) or to the Chair of the Federal Reserve (on mon

german

Answer:

The existing state of American economy must be declared earlier respondent the interrogation.

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3 years ago

Ricky is 35 years old. He plans to retire when he is 63. He has opened a retirement account that pays 3.2% interest compounded m

Anna11 [10]

Answer:

Amount received = 217,043.56 (Approx)

Explanation:

Given:

Monthly deposit = $400

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Number of period = 28 × 12 month = 336 month

Computation:

$Amount \ received = PMT[\frac{(1+r)^n-1}{r} ]\\\\Amount \ received = 400[\frac{(1+0.002667)^{336}-1}{0.002667} ]\\\\Amount \ received =400[\frac{(1.002667)^{336}-1}{0.002667} ]\\\\Amount \ received =400[\frac{2.44713794-1}{0.002667} ]\\\\Amount \ received =400[\frac{1.44713794}{0.002667} ]\\\\Amount \ received =400[542.608901]\\\\Amount \ received =217,043.56\\\\$

Amount received = 217,043.56 (Approx)

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3 years ago