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3 years ago

Rent expense that is paid with cash appears on which of the following statements?

Business

1 answer:

GaryK [48]3 years ago

6 0

Answer:

(E) Both B and D

Explanation:

Any expense related to current year will be part of income statement, as whether paid or not, therefore, option B is correct.

Now, when any expense is paid in cash it decreases the cash balance and accordingly shall be shown as part of operating activities in cash flow statement.

Under indirect method of cash flow statement, net income is considered under which, rent expense is already deducted, therefore, no separate treatment required, and in direct method, the treatment is to deduct such cash paid under operating activities.

Thus, it will also be part of cash flow statement.

Therefore, correct option is

(E) Both B and D

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GREYUIT [131]

Answer:

monthly data series in a GDP

Explanation:

A GDP is defined as the actual domestically manufactured or produced products or the services provided in a financial year which describes or estimates the financial status or economic status of a country. GDP stands for Gross domestic product.

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There are at least 3 reasons why an artist would represent their ideas in abstract form. First, they may try to show the essential form or shape of the subject matter as in some paintings of the Group of Seven or Emily Carr in Canada in portraying snowy mountains or forests for example. Then, they may show disfigured people and horses screaming their outrage and dismay at being bombed like the painting of Guernica by Picasso to show outright rejection of the terrible bombing of Guernica in Spain by the Nazis in WWII. Also, color in an abstract painting can show the emotions of the painter such as in dark forests by Emily Carr to capture the feeling of being inside a dense forest of being closed in yet surrounded by wonderful vegetation.

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Jane is afraid of crowds. If her therapist uses systematic desensitization technique, Jane will be asked to

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melisa1 [442]

The bill of lading is the type of receipt that provides information showing that 2,000 air filtration units had been delivered to its warehouse.

<h3>What is a bill of lading?</h3>

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To learn more about bill of lading, visit:

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