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timofeeve [1]
2 years ago
6

Help me please due in 30 minutes !

Mathematics
1 answer:
scoundrel [369]2 years ago
5 0

Answer:

B

Step-by-step explanation:

You might be interested in
The information given below was extracted from the accounting records of Sunray Traders, a partnership business with Sunny and R
Crank

The preparation of the Profit and Loss Appropriation Account for the year ended February 28, 2022, is as follows:

<h3>What is the Profit and Loss Appropriation Account?</h3>

A profit and loss appropriation account is a special account prepared for the distribution of the partnership's profit and loss for the period.

For Sunray Traders Partnership, the profit and loss appropriation account is detailed below.

<h3>Profit and Loss Appropriation Account</h3>

For the year ended February 28, 2022

                                        Sunny      Raymond       Total

Net Profit for the year                                         R900,000

Interest on capital       R84,000      R24,000    (R108,000)

Annual Salaries         R307,500    R246,000   (R553,500)

Share of profits         R119,250     R119,250  (R238,500)

<h3>Question Completion:</h3>

(c) The partners are entitled to the following monthly salaries from 01 March 2021 to 30 November 2021:

Sunny R25 000 Raymond R20 000

Note: The salaries of the partners were increased by 10% with effect from 01 December 2021.

d) The balance of the profit and loss must be shared equally between Sunny and Raymond.

Prepare the Profit and Loss Appropriation Account for the year ended February 28m 2022.

<h3>Data and Calculations:</h3>

                                              DEBIT        CREDIT

Capital: Sunny                                   R1 000 000

Capital: Raymond                                  600 000

Current a/c: Sunny (01 March 2021)       40 000

Current a/c: Raymond (01 March 2021) 60 000

Drawings: Sunny             R300 000

Drawings: Raymond         400 000

Net profit = R900 000

Sunny's Salaries = R307,500 (R25,000 x 9 + R25,000 x 1.1 x 3)

Raymond Salaries = R246,000 (R20,000 x 9 + R20,000 x 1.1 x 3)

<h3>Capital Accounts Balances:</h3>

                                        Sunny      Raymond       Total

Capital accounts      R1 000 000  R600 000   R1 600 000

Drawings accounts       300 000    400 000        700 000

Net Capital accounts R700 000  R200 000     R900 000

Interest on capital       R 84 000    R24 000       R108 000

Thus, the profit and loss of Sunray Traders Partnership are shared equally as agreed.

Learn more about partnership accounts at brainly.com/question/22693552

#SPJ1

3 0
2 years ago
Given f (x) = 8 (3-x) , what is the value of f (-1)​
nikdorinn [45]

Answer:

8(3-(-1)) = 32

Step-by-step explanation:

3 0
3 years ago
How do I solve this inequality?
ch4aika [34]
The correct answer is: x ≥1
7 0
3 years ago
7n + 5n2 + 10 – 7n<br><br> Simplify the expression
Travka [436]

Answer:

10n+10

Step-by-step explanation:

7n-7n+5n2+10

5n2+10

5n*2+10

10n+10

Hope this helps :D

#Team Rainbows

7 0
3 years ago
Help!!! Please Answer
adell [148]

Answer:

d sorry if I'm wrong...

6 0
3 years ago
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