The budget making process rests with the Congress.
In the United States, the budget making process rests with the Congress. This budget process is where the president submits a budget request to the Congress, and the the House of Senate pass the budget resolution. Thus, a national budget calculates how much is expected to be spent and gained during a period of time.
In the budget, the revenue estimate and the spending plans of the government are outlined. When the spending is higher than expected revenues, it is called a budget deficit and then the government needs to borrow funds to cover the deficits.
Hence, option A is correct.
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They are called the revenue agency
Revenue agency had full jurisdiction in all territories within the nation.
The agency is a federal owned organization that founded in 2003, and has been expanded ever sicne from around 3,000 employees to the 40,000 employees that we see today.
Answer:
Merchandise inventory is an asset reported on the balance sheet and represents the cost of products purchased for sale.
Explanation:
Merchandise inventory is the stock of the company and the same is to be reported under the current asset side of the balance sheet also the asset contains normal debit balance. In addition to this, it shows the cost of product buy for sale
Therefore the last option is correct
Answer:
The answer is given below;
Explanation:
Preference stocks 950*50 Dr.$47,500
Paid in capital in excess of par-preference shares Dr.$ 13,300
(64-50)*950
Common Stocks 1,900*10 Cr.$19,000
Paid in capital in excess of par-common stocks Cr.$41,800
(64*950)-(1900*10)
An individual is a member of the population of interest. A variable is an aspect of an individual subject or object.
