What is the balance in owners equity
Copper Company's owner's equity at the beginning of August 2010 was $300,000. During the month, the company earned net income of $60,000 and owner's drawings were $20,000. At the end of August 2010, what is the balance in owner's equity?
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The balance sheets at the end of each of the first two years of operations indicate the following:Total current assets year 2006 600,000 year 2005 $560,000
New Rich Company was incorporated at the beginning of this calendar year. Its articles of incorporation authorized 500,000 share of common stock.
On the statement of cash flows prepared by the indirect method, a $50,000 gain on the sale of investments would be A deducted from net income in converting the net income reported on the income statement to cash flows from activities B.
On January 1, 2010, Magilla Inc. granted stock options to officers and key employees for the purchase of 20,000 shares of the company's $10 par common stock at $25 per share.
Martinez Company’s ledger shows the following balances on December 31, 2010. 5% Preferred stock—$10 par value, outstanding 20,000 shares $ 200,000.
The Ottey Corporation issued 10-year, $4,000,000 par, 7% callable convertible subordinated debentures on January 2, 2010. The bonds have a par value of $1,000.
your salary in year 1 is 60,000 you deposit 10% at the end of each year into a savings account that earns 7% nominal interest . your salary increases 5% per year. what values does your savings account show after 40 years?
Companies are spending more money for great benefits, for all employees to be covered equally. The demographic composition of the workforce is a major issue that organizations face.
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