The T-Account can be made as follows with the credit of $3,754. The expenses are deducted from the balance as the total credit available.
<h3 /><h3>What is Expense?</h3>
Expenses are the costs that are paid by businesses, these costs are incurred for the operations of business. The expenses are paid from the cash/ bank balance available at the business.
It is recommended that the expenses are in a control and are lower than the revenue generated by the business.
T-Account
Operating Expense Account
$420
$250
$100
$250
Petty Expenses Account
$150
$100
Asset Account
$1500
$650
$334
The account are made according to the nature of expenses, there are two expenses that are not to be classified as an expense instead they need to be treated as a capital expenditure that is to be posted in Asset account.
Expenses with one off event and small amount and in general in nature are posted in petty expenses
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Answer:
لقد تم خداعك للتو ، لقد تم خداعك للتو ، لقد تم خداعك للتو ، لقد تم خداعك للتو أيها الزنجي
Explanation:
Answer:
A vertical analysis income statement uses Sales as a base and makes everything else a percentage of sales.
Vertical Analysis Statement
Amount Percentage
Sales $1,500,000 100%
Cost of Goods sold ($900,000) 60%
Gross Profit $600,000 40%
Cost of Goods sold percentage = 900,000 / 1,500,000
= 60%
Gross Profit percentage = 600,000 / 1,500,000
= 40%
Epa rules require capture of 80% of the refrigerant from a small appliance sealed system with a non-operating compressor if technicians are using: <span>Self-contained (active) process. </span>This requirement makes it easier for the technicians to install a safe and environmentally friendly product for the customer and speed up the time of the procedure.
