Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Financial A + B .DOCX @ Tp Chnh sa Xem Chn nh dng Cng c Tr gip Chnh sa ln cui ngy hm qua

image text in transcribed

Financial A + B .DOCX @ Tp Chnh sa Xem Chn nh dng Cng c Tr gip Chnh sa ln cui ngy hm qua lc 23:44 Press F11 to exit full screen, 100% - Vn bn thu Times New... 12 BIU 12 09-10 EX 12 13 14-1-15 16 17 10 19 Page 2 of 11 START UP EXPENSES CAPITAL EQUIPMENT Equipment $500 Furniture $400 Fixtures $100 Other $150 Total Capital Expenses: $1,150 LOCATION EXPENSES Office Space $4,455 Utility Deposit $660 Legal Fees (Incorporation and Permit) $600 Prepaid Insurance $700 Pre-opening Payroll $70,000 Total Location Expenses: $76,415 OPENING INVENTORY Inventory ADVERTISING/PROMOTIONAL EXPENSES $0 Website Domain Advertising $20 $300 PR Promotional Products $400 Total Advertising Costs: $720 TOTAL START-UP COSTS: $78,285 2 Chia S Chnh sa +

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Managerial Accounting

Authors: James Jiambalvo

5th edition

1118078764, 978-1118078761

More Books

Students also viewed these Accounting questions

Question

Should common costs be allocated?

Answered: 1 week ago

Question

What is the major requirement for a glacier to form?

Answered: 1 week ago

Question

Describe the factors that create the retirement risk.

Answered: 1 week ago

Question

Identify the three broad steps in the retirement planning process

Answered: 1 week ago