Answer:
the answer is 2.046.000
Explanation:
Basically you have to do all the journal entries that hit the AR account and then sum up the movements
Firstly Sales
Sales 3.000.000
AR 3.000.000
Cash sales ( 20% that were sold in cash)
AR 600.000
Cash 600.000
Write off 27.000
Ar 27.000
Once you have that sum all the movements for AR
Beginning balance 165.000
Sales 3.000.000
cash sales -600.000
Write off -27.000
Total 2.538.000
then minus ending balance that was given of 492.000
2.538.000-492.000= 2.046.000
The type of portfolio that the young investor who is not
afraid of risk choose is the portfolio with a high percentage of stocks. Stocks
are able to return higher compared to others and this makes it give a high risk
because of its performance of providing losses or either profit. The answer is
letter D.
Undistributed profits that have accumulated in the company over time are called : Retained earnings.
<h3>What is retained earning?</h3>
Retained earning is the amount of net income left over for the business after it has paid out dividends to its shareholders.
Retained earnings are the amount of profit a company has left over after paying all its :
- Direct costs
- Indirect costs
- Income taxes
- Dividends to shareholders.
Businesses can use these earnings to reinvest into the company for expansion through the purchase of property, plant and equipment or to pay off its debts.
Therefore, retained earnings is the distributed profits that have accumulated in the company over time.
Learn more about retained earning here : brainly.com/question/7127439
Answer:
Cost per equivalent unit: $60
Explanation:
Cost per equivalent unit = (Cost of Beginning Work in Progress Inventory + Total production cost during the period) / Equivalent Units of Production (EUP)
Total Production Cost = $90,000
Equivalent Units of production (EUP) = 1,300 + 400 x 50% = 1,500 units
Cost per equivalent unit: $90,000 / 1,500 units = $60
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