because they are the ones that provide me goods and services.
Amounts withheld from employee's earnings for the employee income tax is considered a liability by the employer until the government is paid
What is liability?
Liability means the obligation that one party owes another, whose settlement requires the indebted party to transfer cash or equivalent value of other benefits commensurate to the liability to the other party.
In this case, the employees owe the government income taxes, whereby the employees have discharged the obligation by having the employers deduct them from their earnings.
The onus is now on the employers to make payments in respect of the income taxes withheld to the tax authority, prior to which the taxes are treated as the employer's liability.
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Missing options:
(A) assets. (B) liabilities. (C) salary expense. (D) revenue.
Answer:
Select the course of action
Explanation:
Because it’s the next step after collecting relevant information and evaluating each alternatives
Answer:
trim ratio = 1.15 and bearish
Explanation:
given data
stock = 1,455
decline = 1,553
volume in advancing issues = 852581
volume in declining issues = 1,058312
solution
we get here the trim ration is express here as
trim ratio = (stock ÷ decline) ÷ ( advancing issues ÷ declining issues ) ...............................1
put here value and we get trim ratio
trim ratio = 
solve it we get '
trim ratio = 1.15
and here we see trim is greater than 1 so
it is bearish
Answer:
d. Accounts payable and accruals are tied directly to sales.
Explanation:
Additional funds needed method determines the amount that the company needs to finance the increase in total sales.
In response to the increase in sales, the company has to increase its assets to achieve that goal. The increase in total assets is partly offset by an increase in liabilities and the other part is offset by an increase in retained earnings.
The only true statement of the AFN equation is the option d), and the other options are not right.
