subject
Business, 29.03.2021 16:00 leshayellis1591

An adjusted trial balance for a sole proprietorship is given below. There were no new capital contributions during the year. Debit Credit Cash Accounts Receivable Prepaid Rent Merchandise Inventory Accounts Payable Salaries Payable Notes Payable ​Lorenzo, Capital ​Lorenzo, Withdrawals Sales Revenue Cost of Goods Sold Salaries Expense Rent Expense Selling Expense Supplies Expense Total What will be the final balance in the​ company's Lorenzo, Capital account after recording the closing ​entries?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 11:50
What is marketing’s contribution to the new product development team? a. technical expertise needed to translate designs into an actual product/service. b. deep customer insight that leads to product ideas. c. ability to assess financial viability d. feedback on design as well as how customers will actually use the product e. technical expertise needed to translate concepts into product/service designs.
Answers: 2
question
Business, 22.06.2019 12:50
Demand increases by less than supply increases. as a result, (a) equilibrium price will decline and equilibrium quantity will rise. (b) both equilibrium price and quantity will decline. (c) both equilibrium price and quantity will rise
Answers: 3
question
Business, 22.06.2019 19:30
Consider the following two projects. both have costs of $5,000 in year 1. project 1 provides benefits of $2,000 in each of the first four years only. the second provides benefits of $2,000 for each of years 6 to 10 only. compute the net benefits using a discount rate of 6 percent. repeat using a discount rate of 12 percent. what can you conclude from this exercise?
Answers: 3
question
Business, 22.06.2019 22:00
The following table gives the map coordinates and the shipping loads for a set of cities that we wish to connect through a central hub.,(7,(4,(7,(6,(2,( 2,) for the location of the proposed new central hub, the coordinates should be near: x==) if the shipments from city a double, for the location of the proposed new central hub, the coordinates should be near: x==.926.865.017.21
Answers: 1
You know the right answer?
An adjusted trial balance for a sole proprietorship is given below. There were no new capital contri...
Questions
question
Mathematics, 19.06.2021 08:50
question
Mathematics, 19.06.2021 08:50
question
Physics, 19.06.2021 08:50
question
Computers and Technology, 19.06.2021 09:00
question
English, 19.06.2021 09:00
question
Physics, 19.06.2021 09:00
question
Mathematics, 19.06.2021 09:00
Questions on the website: 13722361