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2 years ago

E first phase of the writing process involves writing a rough draft of your message.

1 answer:

6 0

This stament is true in my opinion because in order to make a story you have to go by the steps so like you have to write a rough draft

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"Snoop Company sells collectibles. The following information summarizes Snoop Company's operating activities for the most recent

Mkey [24]

Answer:

The answer is $30000

Explanation:

$ $

Sales 195000

Less cost of sales

Opening stock 12000

Add purchases 97000

109000

Less closing stock 6000

103000

Gross profit 92000

Less operating expenses 62000

Operating income 30000

The operating income is $30000

4 0

3 years ago

After the formation of a free trade area for its member countries, the United States found that its high-cost furniture producer

Damm [24]

Answer: Trade creation

Explanation:

Trade creation is the increase in economic welfare which occurs when a country joins a free trade area, like the customs union. Trade creation will happen when the ltariff barriers has been reduced which leads to lower prices.

Trade creation leads to lower cost on producers which will lead to a rise in economic welfare and consumer surplus. Trade creation also leads to expansion of trade.

6 0

2 years ago

Which of the following would not be (True) in the event that a newly admitted partner pays more than book value for his/her inve

ddd [48]

Answer:

c. Record no revaluations, bonus, or goodwill

Explanation:

As new incoming partner is giving more than the investment required it means there is some goodwill or revaluations or bonus involved which requires to be treated in the books otherwise it will be assumed that accounts are not properly reported and capital accounts will not be justified. Third option says no revaluations, bonus or goodwill will be recorded which is wrong.

4 0

2 years ago

During the year a donor pledged $1,000,000 in funds to a not-for-profit private charter school. The school will receive the pled

KonstantinChe [14]

Answer:

D) It would not be recorded.

Explanation:

FASB means Financial Accounting Standards Board.

Financial Accounting Standards Board is a private, non-profit organization standard-setting body whose primary purpose is to establish and improve Generally Accepted Accounting Principles (GAAP) within the United States in the public's interest. The Securities and Exchange Commission (SEC) designated the FASB as the organization responsible for setting accounting standards for public companies in the US.

No matter what kind of restriction a donor might impose, FASB standards require nonprofits to report finances in a way that makes it clear which funds have donor restrictions and which funds come without donor restrictions. FASB standards are in three categories: “unrestricted,” “temporarily restricted,” and “permanently restricted.”

Unrestricted are those items that have no donor-imposed restrictions

Temporarily Restricted are those items that were received with a donor-imposed restriction that will be satisfied in the future (generally within one year)

Permanently restricted assets are funds of a nonprofit organization that must be used in designated ways and whose principal cannot be touched.

Since the school will recieve the pledge ONLY if it is able to raise $500,000 in funds over the next year, then the pledge would not be recorded

3 0

2 years ago

Based on this research, which activity is this

Aneli [31]

Answer: conducting lectures in sustainable agriculture

Explanation: the description states that they help with environmental rights there for leading to agriculture and showing why they would support this activity

5 0

2 years ago