The amount by which government expenditures exceed revenues during a particular year is the?

Annissa has been working in the Boulevard Building Company for seven years. She is dedicated to her work and tries to follow the

Brums [2.3K]

Answer: True

Explanation:

The following statement is true, i.e. In accordance to the equity theory, she will try to change the working habits. The equity theory mostly concentrates on evaluating whether the allocation of commodities and resources is impartial to both of the relational partners. Here, equity is evaluated by contrasting the ratio in between the costs and rewards for each individual.

3 0

3 years ago

The following is the adjusted trial balance of Wilson Trucking Company.

Troyanec [42]

Answer:

PART 1: Wilson Trucking Company reported Net Income of $15,854 for the year ended December 31, 2017.

PART 2: As per the statement of changes in equity, K. Wilson Capital Account Balance as at December 31, 2017 is $190,124

* Please note that figures in brackets represent negative values.

Explanation:

PART 1

Wilson Trucking Company

Income Statement for the year ended December 31, 2017

Revenue

Trucking Fees $115,500

Less Expenses:

Depreciation expense of Trucks $(26,043)

Salaries expense $(54,170)

Office supplies expense $(9,500)

Repairs expense -Trucks $(9,933)

Net Income $15,854

PART 2

Wilson Trucking Company

Statement of changes in Equity for the year ended December 31, 2017

K. Wilson Capital Account Balance as at December 31, 2016 $193,270

Add: Net Income for the year $15,854

Less: K. Wilson withdrawals during the year $(19,000)

K. Wilson Capital Account Balance as at December 31, 2017 $190,124

7 0

3 years ago

Select the false statement from the following.

lesantik [10]

Answer: Option C.

General,selling and administrative cost cannot be assigned to a cost object.

Explanation:

General, selling and adminstrative cost is the total of both direct and indirect selling cost, administrative cost and all general cost of the organisation. This cost include all the non production cost that they company incured at a specific time bond i.e cost to sell, cost to deliver product and services, rent, cost to manage the company, marketing expenses, salaries, accounting, bonuses e.t.c.

It is not assigned to a cost object because it is general ,cost of selling, and administrative cost.

7 0

2 years ago

Jason and his family were invited to dinner by a family friend who had just opened a high-end restaurant. Jason and his family w

mixer [17]

Answer:

C) is the answer in my opinion

7 0

3 years ago

Read 2 more answers

If a firm has an incentive to increase supply now and decrease supply in the future, then the firm expects that the

blondinia [14]

If a firm has an incentive to increase supply now and decrease supply in the future, then the firm expects that the prices for the firm's product will be lower than the prices that have been set in the present. In the present case as the supply is increased, the prices are higher as the demand is higher. Then at later point of time when the supply is decreased, then demand also decreased, then the prices are likely to come down.

3 0

2 years ago