At the end of its first month of operations, Michael's Consulting Services reported net income of $25,900. They also had account balances of: Cash, $18,600; Office Supplies, $2,150 and Accounts Receivable $10,300. The owner's total investment for this first month was $5,150. There were no owner withdrawals in the first month Calculate the ending balance in the Owner's Capital account to be reported on the Statement of Owner's Equity.

Sunset foods relies on a highly centralized functional structure to ensure consistency in the quality and taste of its products and to drive down costs via process innovations. however, as a consequence of its highly compartmentalized structure, the firm has found it difficult to transfer information and ideas from one department to the next. with the launch of its new line of breakfast foods coming up, how can sunset improve its ability to collaborate without sacrificing the benefits of its current structure

Rebel technology maintains its records using cash-basis accounting. during the year, the company received cash from customers, $43,000, and paid cash for salaries, $23,500. at the beginning of the year, customers owe rebel $1,000. by the end of the year, customers owe $6,600. at the beginning of the year, rebel owes salaries of $5,600. at the end of the year, rebel owes salaries of $3,300. determine cash-basis net income and accrual-basis net income for the year.

How much more output does the $18 trillion u. s. economy produce when gdp increases by 3.0 percen?