Answer:
$16,700
Explanation:
The computation of net income is shown below:-
Total expense = Insurance + Maintenance + Utilities + Depreciation
= $8,000 + $800 + $1,800 + $4,000
= $14,600
Expense of rented unit = Total expense ÷ Units
= $14,600 ÷ 2
= $7,300
Here, we assume 2 units
Net income for reporting = Rental income - Expense of rented unit
= $24,000 - $7,300
= $16,700
Answer:
Date Account titles and description
20 No entry
26 No entry
31 No entry
31 No entry
Explanation:
1. Only $5,500 was submitted by Brett. No incorporated financial transaction
2. Owner not prepared to pay $5.500
3. Also Brett's provision for vehicle prices to be winterised will be $75.
4. Once Brett paid the salary ' under the table, ' the employee was willing to work $3 less per hour. Salary only fee not charged or due.
Thus, no log entry as well as T accounts have been completed.
Its is B) eliminate certain types of debt.
This is the correct answer of E d g e n u i t y as well
Answer:
Executive budget
Explanation:
The Executive Budget is a budgetary system that aims to link budgetary-resource allocation and management to the City Council's strategies.
The name which is given to the limitation of government where they are allowed to only protecting private property and enforcing contracts and market activity and is considered a pure capitalism is known as laissez-faire capitalism
<h3>What is Laissez-faire capitalism?</h3>
This refers to the economic principle which refers to the free market capitalism which resists possible intrusion by the government into market affairs.
With this in mind, we can see that from the given description, we can see that the type of capitalism which was talked about is laissez-faire capitalism.
Read more about capitalism here:
brainly.com/question/25879591