The beginning period retained earnings, net profit/net loss made during the accounting period, and cash and stock dividends paid during the accounting period. (i may be wrong because there was no picture but i this is right)
When a company buys something on credit it increases account payable, and when a company sells on credit it will increase their account receivable.
Answer:
$7,000
Explanation:
the partnership's net income = $160,000 - $100,000 - $24,000 - $28,000 = $8,000
since net income is divided equally among the 4 partners, then each partner is allocated $2,000
Kellie's capital account = $5,000 + $2,000 (her share of profits) = $7,000
if she withdraws more than $7,000, then she should report a gain in excess of basis
A network good is a good that people benefit more from as more people use it.
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Answer:
It has the ability to reach large audiences in a relatively cost-efficient manner.
Explanation:
Television is one of the medium used for advertising products by the sellers or the distributors or the suppliers. It is one of the mass media of advertising a product or service covering a large number of people at a particular time.
Since a cost incurred on an advertisement is just once in a few years moreover the same digital advertisement can be shown to a large or mass number of people at the same time thus proving that advertisement through television is cost effective or efficient as well.
