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Sloan [31]
3 years ago
5

Consider the following list of items: Food Electric bill Clothing Health insurance These are all examples of:

Business
2 answers:
Gnom [1K]3 years ago
8 0

These are all expenses because they cost you money each month.

anygoal [31]3 years ago
6 0

The correct answer is B. Expenses

Explanation:

In the economy, expenses refer to the money paid for some product or service; especially, in terms of spending money that is necessary for a company to work or for an individual to meet basic needs. In the case of companies, expenses include wages or advertising; on the other hand, individual expenses include food, entertainment, health insurance bills, clothing, transportation, among others. This implies the list of items includes examples of expenses as these are items or services people paid for to met their needs.

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Answer:

company gained a gross profit of $2 million

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Data provided in the question;

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3 years ago
A local theater company sells 1,500 season ticket packages at a price of $250 per package. The first show in the 10-show season
swat32

Answer:

Dr cash    $375,000

Cr unearned revenue      $375,000

Dr unearned revenue     $37,500

Cr revenue                                    $37,500

Explanation:

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However,the cash proceeds should be debited to cash while it is also credited to unearned revenue

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