Answer:
See below
Explanation:
Given that;
Opening capital = $44,000
Net loss = ($13,500)
Drawings = $17,500
Then,
Owner's capital balance is computed as ;
Capital at the end of the year = Opening capital + Net income(Net loss) - Drawings
Capital at the end of the year = $44,000 - $13,500 - $17,500
Capital at the end of the year = $13,000
<span>If city a is located 35° west of city b, the time at city a is earlier that at city b. This is because the earth usually rotates form west to east which is counterclockwise when observed from above. The rotation of the earth gives us course of the day.</span>
Answer:
is unique to the corporate form of business
Explanation:
As we know that the retained earnings is a non-distributed earnings of an organization. It is an accumulated net income of the organization which cant be allocated as a dividend. It can be easily converted into the capital
Therefore it is a unique characteristic of the corporate business form
Hence, the first option is correct
And, the remaining options does not represent for the same.
Because it is cheaper to manufacture shirts there
