Answer:
The correct answer is letter "C": households and noncorporate businesses have left after paying taxes and non-tax payments to the government.
Explanation:
The disposable income is the money left by a person or organization after paying all taxes. Some deductions that can impact the amount of disposable income are deductions on jobs for such things as health insurance. The disposable income is the net amount earned in people's paychecks. for the government, disposable income is non-tax money.
Answer:
C. Total debits are equal to total credits
Explanation:
When the end-of-period spreadsheet is complete, the adjustment columns should have:
Total debits equal to total credits.
When this happens, the trial balance is considered to be balanced.
If revenues are greater than expenses, then income statement will give a credit balance. If expenses are bigger than revenues, your income statement will show a debit balance.
Answer:
variable costs.
variable costs.
fixed cost
variable costs.
fixed cost
Explanation:
Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments
If production is zero or if production is a million, Mortgage payments do not change - it remains the same no matter the level of output.
Hourly wage costs and payments for production inputs are variable costs
Variable costs are costs that vary with production
If a producer decides not to produce any output, there would be no need to hire labour and thus no need to pay hourly wages.
If no pizzas are delivered, there would be no need for boxes. thus boxes of pizza is a variable cost
the salary of the programmer is not dependent on the level of output. thus it is a fixed cost
