subject
Business, 09.09.2020 22:01 genyjoannerubiera

After these closing entries what will be the balance in the retained earnings account? Total Revenues $ 125,000 Total Expenses 60,000 Retained Earnings (beginning) 130,000 Dividends 15,000

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 19:00
For each of the following cases determine the ending balance in the inventory account. (hint: first, determine the total cost of inventory available for sale. next, subtract the cost of the inventory sold to arrive at the ending balance.)a. jill’s dress shop had a beginning balance in its inventory account of $40,000. during the accounting period jill’s purchased $75,000 of inventory, returned $5,000 of inventory, and obtained $750 of purchases discounts. jill’s incurred $1,000 of transportation-in cost and $600 of transportation-out cost. salaries of sales personnel amounted to $31,000. administrative expenses amounted to $35,600. cost of goods sold amounted to $82,300.b. ken’s bait shop had a beginning balance in its inventory account of $8,000. during the accounting period ken’s purchased $36,900 of inventory, obtained $1,200 of purchases allowances, and received $360 of purchases discounts. sales discounts amounted to $640. ken’s incurred $900 of transportation-in cost and $260 of transportation-out cost. selling and administrative cost amounted to $12,300. cost of goods sold amounted to $33,900.a& b. cost of goods avaliable for sale? ending inventory?
Answers: 1
question
Business, 22.06.2019 20:00
Describe a real or made-up but possible example of a situation where an employee faces a conflict of interest. explain at least two things the company could do to make sure the employee won't be tempted into unethical behavior by that conflict of interest. (3.0 points)
Answers: 3
question
Business, 22.06.2019 20:00
An arithmetic progression involves the addition of the same quantity to each number.which might represent the arithmetic growth of agricultural production
Answers: 3
question
Business, 22.06.2019 20:00
Double corporation acquired all of the common stock of simple company for
Answers: 1
You know the right answer?
After these closing entries what will be the balance in the retained earnings account? Total Revenue...
Questions
question
Mathematics, 23.06.2019 22:00
question
Mathematics, 23.06.2019 22:00
question
Mathematics, 23.06.2019 22:00
Questions on the website: 13722360