Answer:
Increase of $95,000
Explanation:
Stockholder equity: It records the issue of shares, retained earnings, and deduct the dividend amount if declared.
The expenses which are related to the business is directly or indirectly affect the stockholder equity.
So, the net effect is shown below:
Issuance of common stock = $200,000
Less - Payment of salaries expense = $105,000
So, the net effect would be equal to
= $200,000 - $105,000
= $95,000
The accounts payable does not affect stockholder equity. So, it would not be considered.
This $95,000 would increase stockholder equity.
The report that is constructed immediately prior to preparing the financial statements with the purpose of demonstrating that the accounts balance is called : Adjusted trial balance
<h3>What is an adjusted trial balance?</h3>
Adjusted trial balance is an account prepared that shows the arithmetic accuracy of the ledger. This balance list the general ledger account balances after any adjustments have been made.
An adjusted trial balance include:
- Adjustment for prepaid and accrued expenses.
- Depreciation
Therefore, an adjusted trial balance is a report, constructed immediately prior to preparing the financial statements with the purpose of demonstrating that the accounts balance.
Learn more about adjusted trial balance here: brainly.com/question/14274904
Answer:
Edward can deduct his $7,000 loss from his adjusted gross income (AGI). Partnerships are investments that you make regardless of whether you work for them or not. One of the key characteristics of partnerships is that they are not taxed as separate entities, they pass-through their income or losses to the partners.
Answer:
<em>13.29%</em>
<em>Explanation:</em>
Answer :- Amount in checking deposit= $500 million-15%= $425 million
Amount in saving and time deposit= $250 million-4%= $240 million
Amount in equity capital = $ 250 million
banks before tax cost of funds=
checking deposit = $425*6/100= $25.5 million
Saving and time deposit= $ 240*14/100= $ 33.6 million
equity capital=$250 *25/100= $ 62.5 million
Weighted average cost of funds (WACC)= $25.5+33.6+62.5/($425+240+250)
=$121.6/915= 0.1329 or 13.29%
Personal , payroll, medical, and operational are all types of sensitive informations.
Which means that this type of information is usually guarded and protected against unwarranted disclosure
hope this helps
