Answer:
credited ; debited ; retained earnings or capital account
Explanation:
The closing entries are as follows
Sales Revenue A/c Dr XXXXX
To Income Summary XXXXX
(Being revenue account closed)
Income summary A/c Dr XXXXX
To Expenses A/c XXXXX
(Being expenses accounts are closed)
Income summary A/c Dr XXXXX
To Retained earning XXXXX
(Being the difference is credited to retained earning)
Answer:
A) Elle and Adam are most likely to have a similar level of job satisfaction.
Explanation:
Data given in the question
Comfortable living cost = $40,000
Charles earning per year = $24,000
Anna makes per year = $30,000
Elle makes per year = $50,000
Adam makes per year = $75,000
As per the above data we can see that the elle and the adam earns more income as compare to other person that represents that they both have same level of job satisfaction
Hence, the first option is correct
Answer:
D. An unclassified balance sheet is one whose items are broadly grouped into assets, liabilities, and equity.
Explanation:
A balance sheet can be defined as a financial statement used in reporting an organization's assets, capital, liabilities, debt and equity at a specific period of time.
An unclassified balance sheet is one whose items are broadly grouped into assets, liabilities, and equity.
This ultimately implies that, an unclassified balance sheet is typically used to report an organization's assets, liabilities and equity without separating or grouping them into specific classes (sub-classification of assets, liabilities or equity). Therefore, the financial items are only listed in an order of liquidity with their total.
An unclassified balance sheet is mainly used by small businesses and for internal reporting of financial items.
Answer: $1.49
Explanation:
First, we would calculate the diluted shares outstanding which will be:
= 200,000 + 12,000(6/36)
= 200,000 + 12,000(1/6)
= 200,000 + 2,000.
= 202,000
Diluted earnings per share = Net income / Diluted shred Outstanding
= 300,000 / 202,000
= $1.49
I think you’re looking for : The Money Laundering Control Act of 1986 which I believe is filed under 18 U.S.C. § 1956 and 18 U.S.C. § 1957