When an employee works in year 1 but is paid in year 2, the company must recognize an expense in years 1 only.
An expense is the monetary value of tasks that an organization causes to create income. As the well-known saying goes, "it costs cash to bring in cash.
Normal expenses incorporate installments to providers, worker compensation, manufacturing plant leases, and hardware devaluation.
Organizations are permitted to discount charge deductible costs on their annual government forms to bring down their available pay and hence their assessment obligation.
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Answer:
Correct answer is D.
$4375
Explanation:
Amortization of actuarial gain or losses = Net actuarial gain/remaining service life
= 87500/20
Amortization of actuarial gain = $4375
Answer:
a) 469.40%
b) 18.15%
Explanation:
a)
Total nominal growth rate = 
thus,
Total nominal growth rate = 
= 469.40%
b) Total real growth rate = 
now,
Real earned income in 1976 = 
= 
= $20,267.54
and,
Real earned income in 2016 = 
= 
= $23,947.21
Therefore,
Total real growth rate = 
= 18.15%
