Answer:
The balance of retained earning is $130,000.
Explanation:
At the year end an adjusted trail balance is prepared, in which all the temporary accounts are closed and their balances are transferred to the permanent accounts. The adjusted trial balance must verify that debit and credit sides total is equal.
All the revenue and Expenses accounts are closed in Income summary account from where the net balance is transferred to the retained earning account.
Ending Balance of retained earning = Opening balance + Revenue - Expenses - Dividend
Ending Balance of retained earning = $80,000 + $125,000 - $60,000 - $15,000
Ending Balance of retained earning = $130,000
B.windshields
the other will all cause some sort of contamination
Tara and her parents should make deposits of $450 every month into a college savings account.
Answer:
30.8
Explanation:
The solution of factor-rating score for Ling Services is provided below:-
Factor-rating score = (Weight for Factor A × Rating for Factor A) + (Weight for Factor B × Rating for Factor B) + (Weight for Factor C × Rating for Factor C)
= (0.50 × 30) + (0.20 × 46) + (0.30 × 22)
= 15 + 9.2 + 6.6
= 30.8
So, we have calculated the factor-rating score for Ling Services by using the above formula.
