Answer:
B is the correct option, because it indicates that rent expense was only recognized in the books of account when paid for in cash.
Explanation:
Cash basis of accounting simply implies that an organization that adopts it recognizes income when received and expense when paid for in cash.
The above is different from accrual basis,where income is recognized when earned(when obligation is discharged by the seller) and expense when incurred(when the goods involved or services have been received)
All other options except B have something to do with payment on account,hence they are wrong.
Answer: the difference between two numbers can be obtained by subtracting the smaller number from the bigger number.
• Here, - 0.4 is the smaller number, and 44.4 is the larger number.
• Therefore, the difference between the two is 44.4 - (- 0.4).
• Now, in mathematics, - and - makes a +.
This implies that, 44.4 - (- 0.4) = 44.4 + 0.4 = 44.8
∴ The required difference is 44.8.
Explanation: follow meif you want to help more
Interest in sustainability initiatives has increased in recent years, is a true statement.
<h3>What is sustainability?</h3>
Sustainability can be defined as using resources in a way that is available for the current generation as well as the future generations.This also means that the resources will not be depleted in the future.
The people are making sure that they use the resources in a more careful and efficient manner and do not waste any resources or pollute the environment.
There are various organizations like WTO that help spread awareness of this initiative.
Learn more about sustainability, here:
brainly.com/question/13353436
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<u>Answer:</u>
<u>Cost reduction; leading to profit for the company/business.</u>
<u>Explanation:</u>
Remember, a cash flow is an indication or indicator of the amount of money coming into and out of a business.
Thus, effective purchasing Implies buying the right items needed for operations at <em>the right/fair price </em>so as to reduce the total cost of operations, which invariably leads to more Profit since there's reductions in costs.
