I think it might be C, but i'm not sure
Answer:rr56iomivt
Explanation:
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Answer:
a) Calculate the first year’s net earnings under the cash basis of accounting, and accrual basis of accounting.
cash basis accrual basis
total revenue $23,900 $31,600
operating expenses $12,010 $16,100
<u>prepaid insurance $2,690 </u>
net earnings $9,200 $15,500
b) the accrual basis always provides more useful information because transactions are recorded when they actually occur, not when cash flows (collections or payments) are directly associated to them. This is why the IRS only allows cash basis accounting for certain small businesses or sole proprietorships.
Answer:
C.
Explanation:
As a current liability. Are obligations of the company that are expected to get paid whitin the period of one year and include liabilities such as Accounts payable, short term loans, bank overdraft, interest payable and the other liabilities of the company that are current.
The action to be taken will be to issue another warning to the manager and tell him that he will be terminated if his behavior continues.
<h3>What is the notice issue meant for?</h3>
It is to serve as a caution and warning to the manager on the unwanted behavior at the cafeteria.
Therefore, the action to be taken will be to issue another warning to the manager and tell him that he will be terminated if his behavior continues.
Read more about notice issue
<em>brainly.com/question/2748145</em>
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