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Degger [83]
3 years ago
14

A shareholder invested in a mutual fund and has signed a letter of intent to invest $25,000. Her original investment was $13,000

, and her current account value is $17,000. For her to complete the letter, she must deposit A) $27,000. B) $8,000. C) $13,000. D) $12,000.
Business
1 answer:
Delvig [45]3 years ago
5 0

Based on the information given for her to complete her letter, she must deposit D) $12,000.

<h3>Deposit:</h3>

Using this formula

Deposited amount=Amount invested-Original investment

Where:

Amount invested=$25,000

Original investment=$13,000

Let plug in the formula

Deposited amount=$25,000-$13,000

Deposited amount=$12,000

Inconclusion for her to complete her letter, she must deposit D) $12,000.

Learn more deposit here:brainly.com/question/1752098

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Below is the complete list of accounts of Cobras Incorporated and the related balance at the end of March. All accounts have the
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Answer:

Cobras Incorporated

Trial Balance as at March 31.

                                             Debit          Credit

Supplies                                 $1,100

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Explanation:

A Trial Balance is used to check mathematical accuracy in ledger Accounts. It represents a list of Balances : Debit and Credit extracted from the Ledger Accounts.

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