Deffered Revenues, will not increase or decrease the fund balance of general fund during the fiscal year, as it is revenue which has not been earned yet, and cannot be shown as incomes in the Income statement, thus it is a liability which will be due if the service is not complete.
Other financing sources may increase or reduce the fund depending upon what kind of finance has been provided.
I don’t know what you’re telling me to do here! Where’s the question ?
Consumer research, product development, communication, distribution, pricing, and service are all most accurately described as <u>core "marketing" activities.</u>
Marketing is a social and administrative process by which people and gatherings acquired what they require and need through making, offering and trading results of significant worth with others.
Your core marketing strategy for your private business must include making a guarantee to tackle your optimal client's most prominent problem.It's tied in with marketing and advancements. That is, the work you put into bring issues to light about your image, increment interest for your item or administrations and lift deals.
Answer:
<u>Slapshot Company</u>
<u>Income statement for the month of June</u>
Sales ( 1,890 x $360) $680,400
Less Costs of Sales ($378,000)
Gross Profit $302,400
Selling Costs :
Commissions $68,040
Other Selling Expense $64,700
Administrative Expense $53,800 ($186,540)
Net Income $115,860
Explanation:
The Income statement shows the <em>Profit</em> earned during the reporting period. This is determined as Gross Profit (Sales - Cost of Sales) minus the Operating Expenses.
The information given shows that Denelle is conducting a trend analysis.
<h3>What is a trend analysis?</h3>
It should be noted that attend analysis simply means a technique that's used t predict future investment.
In this case, Denelle reviews holiday sales from the last five years to determine how much inventory to purchase and how many employees to schedule during peak sales times.
Learn more about trend analysis on:
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