I do online college if that counts and on campus.
Entry to close the income summary account at the end of the year:
At the time of closing the Income Summary account, the Income Summary account is debited and Retained earnings account is credit with the amount of Net Income. Net Income can be calculated as follows:
Net income = Revenue – Expenses = 201,000-111,700 = $89,300
Hence the entry to close the income summary account at the end of the year shall be as follows;
Income Summary Debit $89,300
Retained earnings Credit $89,300
Answer:
if Andre orders 500 boxes at a time his anual inventory cost with holding cost included should be $150,030.
Explanation:
Answer:
70
Transition to a post- industrial economy
46
Median weekly earnings are higher for those with a college education
Education
De facto segregation
Credential society
Professional degree
Kindergartners learning how to behave in class
