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madreJ [45]
3 years ago
6

Help plzzzzzzzzzzzz! I need help with this

Business
2 answers:
Novosadov [1.4K]3 years ago
8 0
I believe your answer is b
V125BC [204]3 years ago
7 0
Simple answer is B.
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For Sunland Co., beginning capital balances on January 1, 2020, are Nancy Payne $18,900 and Ann Dody $24,000. During the year, d
natita [175]

Answer and Explanation:

The preparation of the partner capital statement and the owner equity section is presented below:

<u>Partner capital statement </u>

<u>Particulars           N. Payne        Ann Dody         Total</u>

Beginning

balance                $18,900          $24,000           $42,900

Less: Drawings    -$8,700         -$5,200            -$13,900

Balance left           $10,200       $18,800              $29,000

Add: Net income

share 50% 50%     $14,350       $14,350             $28,700

ending balance       $24,550    $33,150             $57,700

Now the balance sheet is

<u>Sunland Co,</u>

<u>Partial balance sheet</u>

<u>Dec 31,2020</u>

<u>Owner capital</u>

Partner capital balance    $29,000

Add: Net income              $28,700

Total owner equity            $57,700

7 0
2 years ago
Decisions today are becoming _____ complex, due to _____ uncertainty in the decision environment. Question 25 options: 1) less,
denis-greek [22]

The answer is option 4 more and increased.

Explanation:

Decisions today are becoming more complex, due to increased uncertainty in the decision environment.

Decision making is planning, organizing, directing and controlling the functions of a manager at achieving organizational goals.

It provides more information and alternatives, improves the quality of decisions and helps in strengthening the organization.

In the decision phase of the decision making process the managers construct a model that reduces the problem. The decision rights identify and define the framework for how they will be made through operating process and support tools.

6 0
3 years ago
Suppose the government imposes a $10 per month tax on cell phone service. If the demand curve for cell phone service is perfectl
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6 0
2 years ago
Activity-based costing accumulates overhead in one cost pool, then:_____.a. assigns the overhead to products and services by mea
Gekata [30.6K]

Answer:

c. allocates overhead to activity cost pools, and it then assigns the activity cost pools to products and services by means of cost drivers.

Explanation:

The activity based costing is the costing that helps to allocated the indirect cost or we can say the manufacturing overhead cost with the help of the many cost drivers  or the many activity cost pools

Like if we allocate the setup cost so we have to allocated with the number of machine setups.

For the inspection cost, the number of inspections is required so that the allocation could be done

5 0
3 years ago
Which of the following items are allowed when calculating an individual taxpayer's alternative minimum tax?a. Standard deduction
blsea [12.9K]

Answer:

The correct answer is letter "D": All of the above.

Explanation:

Alternative Minimum Tax (AMT) is an action taken by the Internal Revenue Service (IRS) to encourage every taxpayer to pay at least the minimum amount possible out of the income received. This includes a series of deductions that are not limited to <em>standard deductions</em>, <em>personal exemptions, medical and dental expenses, charitable donations, qualified taxing interest, </em>and <em>casualty losses</em>.

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2 years ago
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