Answer:
D. a gain of $1,000,000 and an increase in income tax expense of $350,000.
Explanation:
Given that
The gain is $1,000,000
And, the taxes is $350,000
So here the income statement that disclose the impact is that
There is a gain of $1,000,000 and also at the same time the income tax expense is rise by $350,000
Therefore the option d is correct
hence, the same would be considered
Answer:
C. Bank interest payment
Explanation:
Lynette will not compute the interests earned on his amount in his checkbook.
A banking fee will reduce the amount in the statement to the checkbook
A penalty exceeding transaction limit will also reduce the amount in the statement to the checkbook
ATM withdrawal not logged in the checkbook could also increase the check book figure and reduce the bank statement instead.
Thus the answer is C. Bank interest payment.
Answer:
option a
Explanation:
owner keeps all the profits
Answer:
You can find your answer in attached document.
Explanation: