Answer:
Debit K Canopy, Capital $6,200;
Credit K Canopy Withdrawals $6,200
Explanation:
With regards to the above, the entries to close the withdrawals account at the end of the year would be;
Debit K Canopy, Capital $6,200
Credit K Canopy Withdrawals $6,200
Capital is being debited because cash is being taken from the business, hence it will be debited, while withdrawal account would be credited since its receiving cash.
Answer:
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Answer:
You may reach your long-term goals quicker by putting your cash into a savings account or certificate of deposit with a high interest rate, or by investing, especially if you don’t plan to use this money for at least five years — say you’re starting a college fund for your newborn. That way you’ll allow time to build up a positive return.
Explanation:
<u>Answer:
</u>
The strategy that they should use should be that of negotiation.
<u>Explanation:
</u>
- In order to make the employees understand that they would be allowed to take the company phones and laptops to home but they would be required to carry out certain operations of the company work, it would be necessary to negotiate with them on the offer put forward by the company.
- This strategy would help the company even of a few employees agree to the offer as the operation time of the company would increase substantially.
Answer:
<h2>
$13,070
</h2>
Explanation:
The Cost of inventory = all cost of purchase; including costs of conversion and transfer.
Calculation of Inventory Cost FOB ship.
Cost of Purchase $12,000
Transportation-in $100
Shipping insurance $170
Car import duties $800
Total Cost $13,070
