Answer:
Depreciation is called its net cost or carrying amount.
Answer:
The correct answer to the following question is option B) the salary of the corporation president.
Explanation:
In the given question , all the options except option (B) , would be assigned to a particular product , while segmenting on a income statement. A product advertising cost which a company incurred while promoting the product, the direct material cost which a company while in the production of project and a production managers salary would also be included in the product cost. A corporations president who is in the higher level of management in the company, is responsible for making decisions regarding company's vision , strategy development , public relations etc , his or her salary would not be included in product cost.
<span>Investment spending will lead to the change. Investment, in this case, is any sort of spending in capital that will further a business's goals, such as in a new building or new machines as part of that building. The increased investment will lead to an increase in capacity, which can increase both aggregate supply and demand.</span>
Answer:
$398,040
Explanation:
The computation of the balance in Retained Earnings at September 30, 2022 is shown below:
= Retained earnings balance on September 1, 2022 + revenues generated - expenses incurred - dividend paid
= $524,520 + $74,400 - $44,640 - $7,440
= $398,040
The purchase of equipment is not consider for calculating the ending retained earnings balance.
Answer:
resources are a type of knowledge used in the mind and/or brain. basically gathering information from sites, text, stories, books, etc.
Explanation:
