1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Elza [17]
2 years ago
5

Which of the following statements regarding the income statement columns on the worksheet is false?

Business
1 answer:
Alex2 years ago
5 0

Unearned revenue is recorded as a liability on a company's balance sheet.

What is an income statement?

A company's revenues, expenses, and profitability are summarized in an income statement over time.

On a company's balance sheet, unearned revenue is recorded as a liability.

It is also known as a profit-and-loss (P&L) statement or an income statement.

It shows your revenue from selling products or services as well as your expenses for generating revenue and running your business.

Hence option b is correct as stated above.

Learn more about income statements here.
brainly.com/question/13463210

#SPJ1

You might be interested in
The country of Baurisia has, until now, been self-sufficient in both grain and meat. However, with growing prosperity in Baurisi
meriva

Answer:

D) It is more economical for Baurisians to import meat than grain.

Explanation:

The argument states that meat consumption in Baurisia is steadily increasing while domestic production is not.

There are two alternatives:

  1. import more grains to feed more animals and produce more meat (the argument favors this option),
  2. or simply import more meat.

But if importing meat is cheaper than importing grains, then there is no need to import more grains in order to feed animals and later get meat from them, you just simply and directly import meat.

4 0
2 years ago
Please do your best. 75% of my grade
jeyben [28]

Answer:

Question 5 is rent

Question 6 is utilities

3 0
3 years ago
When retained earnings are not enough to meet their long-term funding needs, businesses may be able to raise funds by:
eimsori [14]

Answer:

A.selling common stock.

Explanation:

A business raises capital through debt or equity. Debts represent borrowed funds, which include bonds and loans. Equity represents the owner's funds, which comprises of shares and retained earnings.

Should a business not have enough funds for its long term needs, it can sell more shares to the existing shareholders or the general public.  Shares represent ownership of the company. Selling common stock means that the company will receive the funds it requires in exchange for ownership rights.  Shareholder earns dividends as a reward for providing capital to businesses.

4 0
3 years ago
Why you believe it is important to align it with the organization's core goals and strategic direction?
OverLord2011 [107]

Answer:

Managers must ensure that their individual goals and work - as well as that of their direct reports - is in line with the overarching strategy. Then, you can ensure that your people are driving progress daily. Proper strategic alignment ensures the work of your best talent is being effectively and efficiently utilized

4 0
3 years ago
Use the drop-down menu to complete each statement. The property in a mixed market economy likely is . Most of the property in co
spin [16.1K]

1. Private and public

2. Government

3. less

7 0
3 years ago
Read 2 more answers
Other questions:
  • You are on your way to meet with your manager about changing your work schedule, when you see a spill on the floor. what would y
    5·1 answer
  • A bond is aa.financial intermediary. b.certificate of indebtedness. c.certificate of partial ownership in an enterprise. d.None
    9·1 answer
  • What is the primary source of revenue for the government?
    11·1 answer
  • Pasha Company produced 50 defective units last month at a unit manufacturing cost of $30. The defective units were discovered be
    6·1 answer
  • To support herself while attending school, Daun Deloch sold stereo systems to other students. During the first year of operation
    12·1 answer
  • The Dina Corp. has applied overhead to jobs during the period as follows:Jobs finished and sold$ 46,000Jobs started and in proce
    7·1 answer
  • Which cell organelle is most similar in function to an organism’s nervous<br> system? true or false
    10·1 answer
  • SRC Refrigeration Company manufactures and sells refrigerator display units for flowers. A salesperson for the company is callin
    12·1 answer
  • Folklore Music manufactures harmonicas. Folklore uses standard costs to judge performance. Recently, a clerk mistakenly threw aw
    8·1 answer
  • The demand for ski rentals falls when the price of lift tickets increases. This is an example of?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!