Answer:
$36,000
Explanation:
Given that,
Beginning retained earnings = $22,000
Beginning Common Stock account = $30,000
Net income = $24,000
Dividend declared and paid = $10,000
Ending retained earnings:
= Beginning retained earnings + Net income - Dividends paid
= $22,000 + $24,000 - $10,000
= $36,000
Therefore, the amount of its retained earnings at the end of the year would be $36,000.
Answer:
for cash payment
Explanation:
the debit voucher are the documentry evidence of cash payment the voucher are prepared to keep records of various cash payment
Answer:
$76,440
Explanation:
Calculation to determine the proper amount of net income as of December 31, 2018
Net income $87,000
Less Adjusted for insurance ($4,050)
($16,200*3/12)
Less Adjusted for deferred income ($2,700)
Less Adjusted for supplies ($2,100)
Less Adjusted for interest ($1,710)
($57,000*9%*4/12)
Net income (Adjusted) $76,440
Therefore The the proper amount of net income as of December 31, 2018 will be $76,440
Answer:
contractual vertical
Explanation:
A vertical marketing system can be defined as a form of cooperation that exists between the different levels that makes up a distribution channel. The individuals in the channel ensure that they work in unity inorder to accelerate the rate of efficiency.
The three elements that constitutes a a vertical marketing system include:
- Producer
- Wholesaler
- Retailer
In a corporate vertical marketing system a single organization is responsible for production, development, marketing, and distribution of a particular product. All levels of the distribution channel is handled by a single company.
Answer:
I believe it's...
A) Watching your favorite TV show on a Saturday evening.
and
F) Free riding on a group project.
Explanation:
Coordination problems are problems that result in multiple outcomes, so the one facing the problem(s) must act carefully.