Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 16, 2024

Capital of a business decreases if there is an increase in A . Drawings B . Income C . Gains D . Fresh capital

Capital of a business decreases if there is an increase in

.

Drawings

.

Income

.

Gains

.

Fresh capital

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Changing Face Of American BankingDeregulation, Reregulation, And The Global Financial System

Authors: Ranajoy Ray Chaudhuri

3rd Edition

1137365811, 9781137365811

More Books

Students also viewed these Accounting questions

Question

★★★★★

A little exchange economy has just two consumers, named Kenand Barbie, and two commodities, quiche and wine. Kens initial endowment is 3 units of quiche and 2 units of wine. Barbies initial endowment...

Answered: 1 week ago

Question

★★★★★

In Example 2.2 we analyzed 50 processing times (listed in Table 2.4) for the development of price quotes by the manufacturer of industrial wheels. The intent was to determine whether the success or...

Answered: 1 week ago

Question

★★★★★

In a series of Bernoulli trials with success probability p, find the probability that k successes in a row occur prior to n failures in a row. (Hint: Let be the event of interest, namely, k...

Answered: 1 week ago

Question

★★★★★

The managing partner of a CPA firm is approached by the CEO of a major client in the firms headquarters office in New York City. The CEO cant use two tickets to the Super Bowl between the Denver...

Answered: 1 week ago

Question

★★★★★

For each of the following (1) identify the type of account as an asset, liability, equity, revenue, or expense: (2) identify the normal balance of the account; and (3) select debit (Dr) or credit...

Answered: 1 week ago

Question

★★★★★

Management of Mittel Company would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the first quarter of operations during the current year...

Answered: 1 week ago

Question

★★★★★

In "The New Momism," Susan Douglas and Meredith Michaels chart a "set of ideals, norms, and practices" that have emerged and gained in strength since the 1980s. Propagated in large part by mainstream...

Answered: 1 week ago

Question

★★★★★

getBarbrood ustuprates of bloq mont triog rose heyro 11. Eliminate the parameter from the parametric equations - x(t)=t 1, y(t) = log(2t). (OS)=(S)

Answered: 1 week ago

Question

★★★★★

6. What resources are available to the front office manager? Rank the importance of these resources in providing service to guests and supervising employees. 7. How does the front office manager...

Answered: 1 week ago

Question

★★★★★

Choose a local or international organisation with which you are familiar. All of your answers must be based on this organisation. You must be able to easily obtain the required background information...

Answered: 1 week ago

Question

★★★★★

Paul, Sarker, and Essam (2016) identified four types of supply chain disruption risks. Based on course readings and your experience, in 3/4 paragraphs, address the following: Which are the greatest...

Answered: 1 week ago

Question

★★★★★

Can you summarise your strategic intent clearly, simply and briefly?

Answered: 1 week ago

Question

★★★★★

Where using tools like SWOT and PESTLE, are they adding to the thinking, or just there because someone thinks they should be?

Answered: 1 week ago

Question

★★★★★

Are your conclusions clear and supported by the narrative you have written?

Answered: 1 week ago

Previous Question Next Question