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3 years ago

Were taxes are recorded on the income and expense statement

Business

1 answer:

podryga [215]3 years ago

8 0

Answer:

Debit side of the income and expense statement

Explanation:

Tax is an expense. An expense should be recorded on the debit side of the income and expense statement.

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A(n) _____ is central to individuals and organizations of all sizes and ensures that information can be shared across all busine

Ann [662]

An enterprise system is central to individuals and organizations of all sizes and ensures that information can be shared across all business functions and all levels of management to support the running and managing of a business. And large-scale application software packages that support business processes, information flows, reporting, and data analytics in complex organizations.

3 0

3 years ago

The largest capital market security outstanding in 2019 measured by market value was:_______

yulyashka [42]

The largest capital market security outstanding in 2019 measured by market value was cooperate stocks.

<h3>What is cooperate stocks?</h3>

Corporate stock, can as well be described as the equity security, which serves as the instrument that is been utilized by corporations in order to raise capital.

However to purchase stock in the company, the buyer is entitled to voting rights , hence The largest capital market security outstanding in 2019 measured by market value was cooperate stocks.

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8 0

1 year ago

Which of the following best describes equilibrium?

QveST [7]

Answer:

C. A situation where no economic agent would benefit by changing his or her behavior

Explanation:

An economic equilibrium is when the agents are optimizing their decisions and opposing market forces are equal. This point allows the economic agents to maximize their utility and any change from this point will cause all agents to move away from potential maximum benefits.

In a natural equilibrium there is usually no government intervention so option A is false. Option B gives only one agent potential benefits and as such there is no equilibrium. Option D is conditional and may or may not happen as when the agents find missing information they would optimize again and move to an equilibrium.

Hope that helps.

3 0

3 years ago

Why is it best to pay expenses for your business with a check, not with cash?

TEA [102]

Because you have proof of what you payed.

5 0

3 years ago

Sparks Corporation has a cash balance of $19,500 on April 1. The company must maintain a minimum cash balance of $16,000. During

Ganezh [65]

Answer:

Cash borrow = 10500

so correct option is a. $10,500

Explanation:

given data

Ending cash balance = $16,000

Beginning cash balance = $19,500

expected cash receipts = $68,000

Cash disbursements = $82,000

solution

we know that Ending cash balance is express as

Ending cash balance = Beginning cash balance + Cash receipts - Cash disbursements + Cash borrow .............................1

we get here Cash borrow put here value

$16,000 = $19,500 + $68,000 - $82,000 + Cash borrow

solve it we get

Cash borrow = 10500

so correct option is a. $10,500

4 0

2 years ago

Were taxes are recorded on the income and expense statement ​

Were taxes are recorded on the income and expense statement