Ending capital for the month = The month's beginning capital + Additional capital inflow for the month - additional capital outflow for the month
For example: if had $500 at the beginning of a month, you got a dividend of $100 during the month and also spend $50 on entertainment during the month, the ending capital would be 500 + 100 -50 = $550
Answer:
Baruch Shemtov's product is tie
Explanation:
Baruch Yehudah Shemtov was born on September 22, 1987.
Baruch has passionate about the design and the fashion from his young age, he was launched his first line of ties at just age 15 years.
he is a fashion entrepreneur since his junior class of high school
Today also Baruch ties routinely sellout in the tony department store and online
Baruch neckties and all accessories are made in USA
and In 2013, he launched boy ties collection and he coordinating with father-son neckties range at Bergdorf Goodman
Answer:
b. $4,908,000
Explanation:
According to the FASB GAAP, the straight line method is used in this given question which is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($40,900,000 - $4,090,000) ÷ (15 years)
= ($36,810,000) ÷ (15 years)
= $2,454,000
In this method, the depreciation is same for all the remaining useful life
For two years, the accumulated depreciation would be
= Annual year depreciation × number of years
= $2,454,000 × 2 years
= $4,908,000
knowing how to work with heavy machinery
Answer:
--Correct Answer = $ 2,000
Explanation:
the step by step Workings can be seen below
Beginning Inventory $512,000
Add: Purchases $53,000
Less: Cost of goods Sold $48,000
Ending Inventory as per perpetual method $517,000
Less: Ending Inventory as per physical count $515,000
Shrinkage amount $2,000
