When skilled labor is plentiful, plenty of land is available, and there is an abundance of building materials. What usually happens is an increase in the construction of buildings.
<h3>What is skilled labor?</h3>
This is one of the factors of production. It is the manpower and the physical strength that is needed in the production of goods and services.
When it is in abundance as well as other factors, people would build more house and other forms of construction.
When skilled labor is plentiful and the amount that is paid for labor is fair, more people would be willing to build houses and engage in other forms of construction
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Answer:
Quick Books Online uses smart learning in its reconciliation tool to help find any rogue transactions by recognizing if transactions have been excluded erroneously from bank feeds. Because bank feeds includes all transactions of bank account. What 2 reasons might mean a transaction needs to be excluded in bank feeds?
Explanation:
Answer:
Zero
Explanation:
Under the accrual method, revenue is recognized once the recognition criteria is met. These includes;
- the goods have been delivered or the service rendered
- the affiliated cost for such revenue can be reliably measured
When revenue is earned but cash is yet to be received,
Debit Accounts receivable
Credit Revenue account
When cash is received,
Debit Cash account
Credit Accounts receivable.
Since the items were delivered in April, any amount received as revenue in March will be deferred. As such, no revenue will be recognized in the income statement for March.
Answer:
The correct answer is False.
Explanation:
The amortization operation consists of regularly distributing the repayment of the principal (C0), together with the interest accrued throughout the life of the loan. The periodic payments made by the borrower are therefore intended to reimburse, extinguish or amortize the initial capital. This justifies the name of the depreciation transaction and the depreciation terms that are usually assigned to these payments.