Answer:
- The adjustment causes an increase in an asset account and an increase in a revenue account.
- Accounts receivable is usually increased when accruing revenues.
- They refer to revenues that are earned in a period, but have not been received and are unrecorded.
- They refer to earnings which have been earned but not yet billed.
Explanation:
Accrued revenue refers to cash earned for selling a good or delivering a service yet the cash has not been received and the transaction was not recorded in the books as revenue. This means that the cash has been earned but it has not been billed to the customer it was earned from.
When the books are being adjusted for this, the accounts receivable - which is an asset account - will increase to show that cash is owed. Revenue will also increase as this was cash earned from delivering a good or service.
Answer:
i don't know if the is correct or not but I'll give it a shot at answering. most vehicles are powered by gasoline (obviously) but we often refer to it as gas although it isn't even a gas. it's a liquid, but humans just like renaming things i guess. anywho gasolines state of matter is NOT a gas but we just shortend it to "gas." (hoped this helped lol)
Let x be the original price of an item. For the first case, the employee avails the 25% first then the 10%.
Price: (0.75x)(0.90) = 0.675x
For the second case, the 10% discount is availed first then, the 25%.
Price: (0.90x)(0.75) = 0.675x
Thus, whichever is the case, the price would be the same. The answer is letter D.
Answer:
The answer is 14.87%
Explanation:
Solution
Given that:
A large company stock had an average return of =12.59%
The average risk free rate = 2.58%
A small company stocks average is =17.45
The next step is to find the risk premium on small-company stocks for this period
Thus,
The risk premium on small-company stocks = Average return on small-company stocks - average risk-free rate
So,
Risk premium on small-company stocks = .1745 - 0.258
=0.1487
Therefore the risk premium on small company stocks for the period was 14.87%
<span>The correct answer is
False</span>
Explicit collusions are
not legal because they lead to cartel like behavior. This is because they
involve a situation where a small group of oligopolists recognize their mutual interdependence
and act to coordinate their behavior in the form of a cartel
