Amy is a sole trader and had assets of 569400 and, Cost Accounting

+44 141 628 6080
[email protected]

Amy is a sole trader and had assets of 569400 and

Amy is a sole trader and had assets of $569,400 and liabilities of $412,840 on 1 January 20X8. During the year ended 31 December 20X8 she paid $65,000 capital into the business and she paid herself wages of $800 per month.

At 31 December 20X8, Amy had assets of $614,130 and liabilities of $369,770.What is Amy's profit for the year ended 31 December 20X8?

Request for Solution File

Ask an Expert for Answer!!

Cost Accounting: Amy is a sole trader and had assets of 569400 and

Reference No:- TGS01142051

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

How are schools important in the struggle for power

Question: How are schools important in the struggle for power and status?

How sociological models help understand mental illness

Based on the chapter by Allen Furr on the sociology of mental illness, How do sociological models help you understand mental illness differently

What is meant by indigenismo

Question: What is meant by indigenismo (Keywords in Week 2)? What is las cronicas de castas (Cope)?

How coastlines are vulnerable to multiple climate change

Even though are coastlines are very vulnerable to multiple climate change impacts, the good news is that because most of our urban settlements

Which are forms of media bias

Question: Which of the following are forms of media bias? (Select all that apply)

Discussion about idea of the tramp stamp

Jane is doing a study about tattoos. She is interested in studying the idea of the "tramp stamp" (a tattoo in the small of a woman's back).

Review the real-life cat and mouse chase

Real-Life Cat and Mouse Chase: Understanding the Perceptions and Attitudes of Street Vendors of Metro Manila towards MMDA Regulation No. 03-004

Request for Solution File

Ask an Expert for Answer!!

Cost Accounting: Amy is a sole trader and had assets of 569400 and

Reference No:- TGS01142051

Have a Question? (oR Write a Review)

Recent Questions Asked Cost Accounting

Q : Discuss the components hardware and software of a

Q : How do the two cost accounting systems differ in accouting

Q : What creates an agent-principal

Q : The train should reach a full load speed of 100 km per hour

Q : Amy is a sole trader and had assets of 569400 and

Q : Identify and analyse the market for a particular service of

Q : How do you write bag of rice to cook dinnershe used 35kg of

Q : Explain how each of the assumptions of perfect competition

Q : In 2010 iceland experienced an epic volcanic eruption from