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trasher [3.6K]
3 years ago
8

The cost incurred by a firm through the foregone earnings on capital invested is a(n):

Business
1 answer:
Yuri [45]3 years ago
5 0
The answer is sunk cost
This incurred cost usually could not be recovered in any way.
For example, let's say for the business operation, you make  a prepaid rent for a building for the whole year.
In this situation, the prepaid rent could be considered as a sunk cost because it's already incurred and not recoverable anymore
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Answer:

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After posting the journal entries to the ledger, what is the balance of the Cash account?
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