The following information is provided for Sacks Company before closing entries. Cash $ 12,000 Supplies 4,500 Prepaid rent 2,000 Salaries expense 4,500 Equipment 65,000 Service revenue 30,000 Miscellaneous expenses 20,000 Dividends 3,000 Accounts payable 5,000 Common stock 68,000 Retained earnings 8,000 What is the amount of total shareholders’ equity? Multiple Choice a. $5,000. b. $78,500. c. $68,500. d. $83,500.
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Business, 22.06.2019 06:30
If the findings and the results are not presented properly, the research completed was a waste of time and money. true false
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Business, 22.06.2019 07:30
Why has the free enterprise system been modified to include some government intervention?
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Business, 22.06.2019 13:40
After much consideration, you have chosen cancun over ft. lauderdale as your spring break destination this year. however, spring break is still months away, and you may reverse this decision. which of the following events would prompt you to reverse this decision? a. the marginal cost of going to cancun decreases.b. the marginal cost of going to ft. lauderdale decreases.c. the marginal benefit of going to cancun increases.d. the marginal benefit of going to ft. lauderdale decreases.
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Business, 22.06.2019 19:40
Which term describes an alternative to car buying where monthly payments are paid for a specific period of time, after which the vehicle is returned to the dealership or bought? a. car financing b. car maintenance c. car leasing d. car ownership
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The following information is provided for Sacks Company before closing entries. Cash $ 12,000 Suppli...
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