Which function is increasing? Please help

The information given below was extracted from the accounting records of Sunray Traders, a partnership business with Sunny and R

Crank

The preparation of the Profit and Loss Appropriation Account for the year ended February 28, 2022, is as follows:

<h3>What is the Profit and Loss Appropriation Account?</h3>

A profit and loss appropriation account is a special account prepared for the distribution of the partnership's profit and loss for the period.

For Sunray Traders Partnership, the profit and loss appropriation account is detailed below.

<h3>Profit and Loss Appropriation Account</h3>

For the year ended February 28, 2022

Sunny Raymond Total

Net Profit for the year R900,000

Interest on capital R84,000 R24,000 (R108,000)

Annual Salaries R307,500 R246,000 (R553,500)

Share of profits R119,250 R119,250 (R238,500)

<h3>Question Completion:</h3>

(c) The partners are entitled to the following monthly salaries from 01 March 2021 to 30 November 2021:

Sunny R25 000 Raymond R20 000

Note: The salaries of the partners were increased by 10% with effect from 01 December 2021.

d) The balance of the profit and loss must be shared equally between Sunny and Raymond.

Prepare the Profit and Loss Appropriation Account for the year ended February 28m 2022.

<h3>Data and Calculations:</h3>

DEBIT CREDIT

Capital: Sunny R1 000 000

Capital: Raymond 600 000

Current a/c: Sunny (01 March 2021) 40 000

Current a/c: Raymond (01 March 2021) 60 000

Drawings: Sunny R300 000

Drawings: Raymond 400 000

Net profit = R900 000

Sunny's Salaries = R307,500 (R25,000 x 9 + R25,000 x 1.1 x 3)

Raymond Salaries = R246,000 (R20,000 x 9 + R20,000 x 1.1 x 3)

<h3>Capital Accounts Balances:</h3>

Sunny Raymond Total

Capital accounts R1 000 000 R600 000 R1 600 000

Drawings accounts 300 000 400 000 700 000

Net Capital accounts R700 000 R200 000 R900 000

Interest on capital R 84 000 R24 000 R108 000

Thus, the profit and loss of Sunray Traders Partnership are shared equally as agreed.

Learn more about partnership accounts at brainly.com/question/22693552

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3 0

2 years ago

Name the angles below.

Ad libitum [116K]

Answer:

it's a obtuse angle...

8 0

3 years ago

Read 2 more answers

What is an equilateral triangle

almond37 [142]

Answer:

When all sides are equal

Step-by-step explanation:

7 0

3 years ago

Read 2 more answers

ace bike rentals rents bikes for $28 per day. Renters can keep the bike for 8 hours. Bart's bikes rents bikes for $30 per day. R

lyudmila [28]

Bart company charges a lower rate. It is lower by rate $ 0.5 per hour

<h3><u>Solution:</u></h3>

Given that Ace bike rentals rents bikes for $28 per day. Renters can keep the bike for 8 hours

Also given that Bart's bikes rents bikes for $30 per day. Renters can keep the bike for 10 hours

To find: company that charges lower rate

Let us find the hourly rate of Ace and Bart

$\text {hourly rate }=\frac{\text { Rental price }}{\text { total time in a day }}$

<em><u>Hourly rate of Ace company:</u></em>

Rental price = $28

total time in a day 8 hours

$\text {hourly rate }=\frac{28}{8}=3.5$

So the hourly rate of Ace company is $ 3.5 per hour

<em><u>Hourly rate of Bart company:</u></em>

Rental price = $ 30

total time in a day 10 hours

$\text {hourly rate }=\frac{30}{10}=3$

So the hourly rate of Bart company is $ 3 per hour

<em><u>Comparing hourly rate of both companies</u></em>

Ace company is $ 3.5 per hour

Bart company is $ 3 per hour

Bart company < Ace company

3 < 3.5

Thus bart company charges a lower rate

<h3><em><u>How much lower?</u></em></h3>

hourly rate of Ace company - hourly rate of Bart company = 3.5 - 3 = 0.5

So, it is lower by rate $0.5 per hour

6 0

3 years ago

I need help with math homework #2 algebra

OverLord2011 [107]

Answer:

A. (0, -2) and (4, 1)

B. Slope (m) = ¾

C. y - 1 = ¾(x - 4)

D. y = ¾x - 2

E. -¾x + y = -2

Step-by-step explanation:

A. Two points on the line from the graph are: (0, -2) and (4, 1)

B. The slope can be calculated using two points, (0, -2) and (4, 1):

$slope (m) = \frac{y_2 - y_1}{x_2 - x_1} = \frac{1 -(-2)}{4 - 0} = \frac{3}{4}$

Slope (m) = ¾

C. Equation in point-slope form is represented as y - b = m(x - a). Where,

(a, b) = any point on the graph.

m = slope.

Substitute (a, b) = (4, 1), and m = ¾ into the point-slope equation, y - b = m(x - a).

Thus:

y - 1 = ¾(x - 4)

D. Equation in slope-intercept form, can be written as y = mx + b.

Thus, using the equation in (C), rewrite to get the equation in slope-intercept form.

y - 1 = ¾(x - 4)

4(y - 1) = 3(x - 4)

4y - 4 = 3x - 12

4y = 3x - 12 + 4

4y = 3x - 8

y = ¾x - 8/4

y = ¾x - 2

E. Convert the equation in (D) to standard form:

y = ¾x - 2

-¾x + y = -2

8 0

3 years ago