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beauty2624
30.10.2020 •
Business
A company reported the following amounts and balances: Beginning capital balance $45,000, Net Sales $420,000, Cost of Goods Sold $273,000, Total Expenses $112,000, Net Income $35,000, Ending Cash Balance $22,000, Withdrawals $7,200, Ending Accounts Receivable $27,000. What is the Ending Capital Balance
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Ответ:
Ending Capital Balance= $72,800
Explanation:
Ending Capital Balance is is the amount left in an account whether , positive or negative, at the end of an accounting period and calculated as Beginning Capital Balance+Net Income-Withdrawals
Particulars Amount
Beginning Capital Balance $45,000
Add:
Net Income $35,000
deduct:
Withdrawals $7,200
Ending Capital Balance $72,800
Ответ:
confidence interval
Step-by-step explanation: