Answer:
b. $5,600
Explanation:
A cash basis taxpayer will report revenues and expenses when they are actually collected or paid for. The business transaction is not directly related to the moment that the payment occurs (unlike accrual accounting).
in this case, Ralph should report all the income related to monthly rental payments = $5,000 (Nov. 2008 - Oct. 2008) + $600 (the three last months of rent) = $5,600. Security deposits are not considered rental revenue, so they should not be reported as such.
Answer:
the government, workers, and businesses of Country D
Explanation:
This reading describes a high inflation scenario where the general prices of goods and services is increasing more rapidly than household income. The problem with high inflation is that it reduces overall demand, which in turn lowers the entire GDP since consumption is by far the largest component of the GDP (in every single country, including D).
Once consumption starts to fall, a domino effect takes place and the businesses are negatively affected, and they are forced to lay off workers, and the government is also affected because their revenue decreases and their spending increases.
Madd, aa, and Sadd are examples of: b. voluntary health agencies. An organization that offers assistance or services to people, groups, or nations and is made up of volunteers or runs with their help.
Over 100,000 community health workers work for the Voluntary Health Association of India (VHAI), a non-profit organization that has been active in India for more than 40 years. It has 24 State Voluntary Health Associations as members. The goal of voluntary health agencies, often known as patient advocacy groups, is to improve and safeguard the health of a particular population group or to fight a certain illness, disability, or collection of illnesses and disabilities. Trade associations, trade unions, intellectual societies, professional associations, and environmental organizations are typical examples. There are 333 charities close to India. Generally speaking, a voluntary organization works to strengthen civil society. In the end, the members are the owners, but unlike owners of for-profit businesses, they accept responsibility for programs to address social needs even when they don't personally benefit financially from them.
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Answer:
Date Account Title and Explanation Debit Credit
XXXX Cost of goods sold $5,800
To manufacturing overhead $5,800
(Entry for unapplied overhead transfer to cost of goods sold)
An agent and broker is one type of marketing intermediary that brings together buyers and sellers and assists in negotiating an exchange but does not take title to the goods.
<h3>What are agent and broker?</h3>
Agents and brokers are described as the traders that conduct the trade of goods, or can associate with buying and selling processes. It is important to mention that agents and brokers form an important link in influencing a supplier, trading of products, and movement of goods.
The agents and the brokers do not possess the goods but act as an important intermediary who makes it easy to buy and sell. In other words, the agents and the brokers bring the sellers and the buyers together so that an effective negotiation process can be conducted.
It can be concluded that an agent and broker is one type of marketing intermediary that brings together buyers and sellers and assists in negotiating an exchange but does not take title to the goods.
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