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Montano1993 [528]
2 years ago
7

Write the definition in your own words

Business
1 answer:
In-s [12.5K]2 years ago
8 0

The definition in my own words are:

  • Cash Basis of Accounting: is type of accounting that  that makes use of revenues and expenses at the time cash is received.
  • Accrual Basis of Accounting: The accrual basis of accounting focus on recording revenues .
  • Matching Principle: can be regarded as  accounting concept that focus on  companies report expenses .
  • Time-Period Principle: is one that a business should report the states that financial results of its activities .
  • Accounting Period:  serves as the period of time  that is used for accounting functions, this can be a fiscal year.

<h3>What is accounting?</h3>

Accounting serves as the process which involves the  recording as well as summarizing business and financial transactions.

Learn more about Accounting  on:

brainly.com/question/1383956

#SPJ1

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solmaris [256]
The answer to this is D. Hope this helped :)
5 0
3 years ago
From an economic perspective, a student’s decision to go to the movies instead of studying for a test indicates that in the stud
shepuryov [24]

Answer:

It  means that the  marginal cost of going to the movies is less than the marginal benefit of going to the movies.

Explanation:

If the student chooses to go to the movies, it means that he thinks he has less to lose when he foregoes studying for a test. Even though logically it may appear that the latter would be a better option, according to him, the 2 or so hours at the movies would provide an extra value like if he went with a family member who he cares about. That probably beats the cost of staying up late to revise for the test.

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3 years ago
A company purchased land for $70,000 cash. Real estate brokers' commission was $5,000 and $7,000 was spent for demolishing an ol
xxMikexx [17]

Answer:

UNDER THE HISTORICAL COST OF PRINCIPLE THE COST OF LAND WOULD BE $82,000

Explanation:

Historical cost principle is one of many principle that is used in the accounting , where it states that the value of the asset which will be recorded in the asset side of the balance sheet will be based on the original amount of price which was incurred to acquire the asset at the time of purchase. In this we will include the broker's commission and amount spent for demolishing old building

COST OF LAND = purchase price + broker commission + cost on demolishing

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3 0
3 years ago
The Tapestry™ Segmentation system divides and sorts small geographic areas into categories using 60 or more demographic and life
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Answer: (A) Geo-demographic

Explanation:

The Geo-demographic is basically refers to the market segmentation that is used for classifying the different types of localities or the resident based on the demographic principle and the characteristics.

It is the process of studying regarding the population and also the geographical areas by using the various types of clustering techniques.

According to the given question, the Tapestry is one of the segmentation system that divide the geographical areas into the different types of categories and geographical segmentation is one of the markets research tool that is used in the above given example.  

 Therefore, Option (A) is correct answer.

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What challenges do immigrants face when arriving in the united states?
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