Answer and Explanation:
1. Interest Revenue $23,000
Sales Revenue $510,000
To Income Summary $533000
(Being closing of revenues accounts are closed)
2. Income Summary $453,000
To Sales returns $20,000
To Sales Discounts $7,000
To Cost Of goods sold $310,000
To Freight out $2,000
To Advertise Exp $15,000
To Interest Exp $19,000
To Salaries & Wages $55,000
To Utility $18,000
To Depreciation $7,000
(Being closing of expenses accounts are closed)
3. Income Summary $80,000
To Retained Earning $80,000
(Being profit is recorded)
4. Retained Earning $30,000
To Dividends $30,000
(Being closing of dividend is recorded)
Water, like in the movie rango. Other things are food, wood, and metals
Answer:
The answer is: B) $21 billion and $4 billion, respectively
Explanation:
The formula for calculating gross domestic product (GDP) is:
GDP = C + I + G + (X - M) = $30 billions
where:
- C = private consumption
- I = investment = $5 billions (private savings) - $1 billion (government deficit = $7 billions in taxes - $5 billions spent - $3 billions transferred) = $4 billions
- G = Government expenses = $5 billions
- X = exports = 0
- M = imports = 0
GDP = C + I + G + (X - M)
$30 billions = C + $4 billions + $5 billions + $0
C = $30 billions - $4 billions - $5 billions = $21 billions
Answer:
How do you envision this knowledge and skill with pro formas will give you an advantage over other job candidates?
Explanation:
If you know about proformas, you are a specialist in companies that issue a profit announcement and make it available to the public, particularly to potential investors. Additionally, you are able to assess the potential value of a proposed change, such as an acquisition or a merger
Answer:
Financial Need - <u>Josie created an FSA ID and completed a long application form online. The form asked for a lot of financial details about Josie and her family.</u>
<u />
FAFSA - <u>Kunal recently learned that he is going to receive a student loan. Now he needs to attend a session which he will learn how the loan process works, as well as his responsibilities.</u>
<u />
Entrance Counseling - <u>Megan is planning to pursue an undergraduate degree in chemistry. But since her father lost his job five years ago, the family had been unable to save up enough for Megan's education.</u>
