The ending balance of the retained earnings account appears both in the statement of stockholders’ equity and the balance sheet.
<h3>Where does retained earnings appear?</h3>
Retained earnings is the profit left after dividends have been paid. It is the profit that is not paid out to shareholders as dividends.
A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity at a point in time. The retained earnings appears in the equity section of the balance sheet.
The statement of stockholders’ equity records the owners equity and changes to the owners equity during a financial year.
The income statement records a company's income and expenses in a financial year. It is used for determining if a firm is operating at a profit or a loss.
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Answer:
C) $40.000 Decrease
Explanation:
The accounting equation states that: Assets = Liabilities + Equity, so in this case the Assets must decrease in the same amount that change the other side of the equation, $40.000.
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.
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Answer and Explanation:
In the given case, the second will would be destroyed non-intentionally by the testatrix that represent the person who writes the will. Also the second will would have be intended to revoke the first will
In addition to this, Testatrix intends the second will to be value also at the same time she dont want the first will to be probated
So the second will would be upheld because of testamentary motive.
Answer:
4 minutes.
Explanation:
The rate of flow from the tap is 2 gallons every six second
which comes out to be 1 gallons per 3 seconds.
so for 80 gallons we can simply
3 * 80 = 240 which is 240 seconds.
Thus it would take 4 minutes to fill up the 80 gallon tub.
