Answer:
The net operating income for the month under variable costing is $500,000
Explanation:
Note : I have attached the full question as an image below
<span> 1.A depositor in a bank or </span>credit union has only a few hundred dollars in deposits, he or she is indirectly an equity investor through the bank's stock portfolio. 2.<span>Investing in the </span>stock market<span> is a way of life in the United States</span>
Answer:
Any transaction in cash, either paid or received eg. bought goods from supplier on cash.
Some time supplier offers customer the credit so he can pay later. Bought goods from supplier which are payable in 30 days.
Revenue expenditure is short-term expenditure used to run daily operations eg. Rent, Salaries. These are treated as expense in SOCI.
Where as capital expenditure is one-time large expenditure which generate revenue for company in future. eg Plant and Machinery, Equipment, Furniture. These are capitalized as in SOFP as they meet the definition of Asset (ie Future economic benefits will flow to entity).
Answer:
if i step on an ant will i go to jail for murder
Explanation:
