Answer:
$100
Mona Lisa painting
Explanation:
To start with, I will list the 3 primary functions of money, which are;
store of value,
unit of account, and
medium of exchange.
Going by the above, I would say that 2 of the 4 options presented before us are money, why so?
A $100 bill is definitely money, no much explanation is needed here, because it's used daily as a means of exchange between people
2. Euro is not a form of money in the US. While it is a form of money in many other places, it's not in the US because it doesn't satisfy the "medium of exchange" criteria of function of money. Euro can not be spent in a store or anywhere in the country, without it having been first exchanged into dollars
3. Mona Lisa painting, part of the functions of money is to store value, and I believe very much, a painting is a good store of money in that regard.
4. American Express credit card is not a form of money because unlike money
being used essentially, to pay for goods and services directly, a credit card is more or less, a store of wealth that is lent by the bank
The information needed to make the journal entries to record the wages and salaries expenses comes from THE PAYROLL REGISTER.
Each bussiness set up has a payroll register. The payroll register is used to keep the record of pay periods, the information contained in the register include: dates, employee names, hours worked, gross pay, net pay, deductions, etc.
The answer is: Discretionary access control (DAC)
In Discretionay access control, the authentication to control a certain program or files that is shared on group setting would be given only to select few individuals from the group.
This type of control is used to supervise the operation so the owner could protect the project from those who wish to sabotage the project from within the group.
The Income Statement is $18,500
Construction of Baker income statement
Revenue
Service Revenue $65,200
Total Revenue $65,200
Expenses
Other operating expenses $41,000
Supplies Expense $1,100
Insurance expense $2,100
Rent Expense $2,500
Total Expenses $46,700
Net Income $18,500
($65,200-$46,700)
Inconclusion the Income Statement is $18,500
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