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Rainbow [258]
3 years ago
13

Capital and drawings are classified as ​

Business
1 answer:
VMariaS [17]3 years ago
6 0

Answer:

Since the capital account and owner's equity accounts are expected to have credit balances, the drawing account (having a debit balance) is considered to be a contra account. In addition, the drawing account is a temporary account since its balance is closed to the capital account at the end of each accounting year.

Explanation:

Please Mark me brainliest

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g An investor has invested $600,000 in a new rental property. Her estimated annual costs are $16,000 and annual revenues are $48
Tamiku [17]

Answer:

5.09%

Explanation:

The internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.

IRR can be calculated using a financial calculator.

Cash flow in year 0 = $-600,000

Cash flow each year from year 1 to 29 = $48,000 - $16,000 = $32,000

Cash flow in year 30 = $32,000 + $500,000 = $532,000

IRR = 5.09%

To find the IRR using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.

I hope my answer helps you

5 0
3 years ago
The type of control system that only be succsseful in attining systrms' objective if we know with certinty the events that take
cricket20 [7]

Answer: Management control system

Explanation:

Management control system could be defined as a system that collects and uses information to analyze the performance of different organizational resources like human, physical, financial considering them all together in the light of organizational strategies pursued. It looks at comparing performances with the standards, plans or objective of the organization to determine if they are line with standards.

6 0
2 years ago
Identify and explain three reasons that an artist would elect to present content through abstract or non-representational form,
alexira [117]
There are at least 3 reasons why an artist would represent their ideas in abstract form. First, they may try to show the essential form or shape of the subject matter as in some paintings of the Group of Seven or Emily Carr in Canada in portraying snowy mountains or forests for example. Then, they may show disfigured people and horses screaming their outrage and dismay at being bombed like the painting of Guernica by Picasso to show outright rejection of the terrible bombing of Guernica in Spain by the Nazis in WWII. Also, color in an abstract painting can show the emotions of the painter such as in dark forests by Emily Carr to capture the feeling of being inside a dense forest of being closed in yet surrounded by wonderful vegetation.
6 0
3 years ago
A model of sea ice coverage is made with sketches and diagrams. it shows that ice cover increased in the antarctic and decreased
yaroslaw [1]

This would be a conceptual model.

3 0
3 years ago
Read 2 more answers
the promotional tool that stimulates consumer purchasing and dealer interest by means of short-term activities, such as trade sh
Len [333]

Through transient actions like trade fairs and event sponsorships, sales promotion is a tactic that encourages customer purchase and dealer engagement.

<h3>What is Sales Promotion?</h3>

A transitory campaign or offer is used by a company as part of a sales promotion to raise interest or demand in its product or service.

A company may decide to utilize a sales promotion (or "promo") for a variety of reasons, but the main one is to increase sales. Sales increases could be required to meet a quota as a deadline draws near or to spread word of a new product.

Let's examine several sales promotion types in more detail, as well as the advantages and disadvantages of adopting each style of promotion.

12 different categories of sales promotions exist. Although not all of them are appropriate for every industry, product, or service, each one offers distinct opportunities to increase sales and forge stronger bonds with clients by utilizing various sales psychology techniques. Each presents a comparison of sales methodologies and offers an unusual perspective on spin selling.

To learn more about the, Sales Promotion visit:

brainly.com/question/15900481

#SPJ4

8 0
1 year ago
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