Answer:
The correct answer is D) GDP = National Income + Indirect Business Taxes + Depreciation + Net Foreign Factor Income.
Explanation:
The GDP by the income approach is the sum of the Compensation of Employees or payment to workers; Gross Operating Surplus or remuneration to capital (to capital owners); Mixed Income or compensation that does not differentiate the payment to the worker and the capital (for example, self-employed workers); and, taxes less subsidies on production and imports or Net Taxes on products that correspond to the Government.
Answer:
Assets = Liabilities + Equity
1) services on account
+35,000 (A/R) + 35,000 Service revenue
2) collection of 27,000
-27,000 (A/R)
+27,000 (cash)
net effect of zero
3) acquisition of equipment through promissory note
+20,000 (equipment +20,000(note payable)
4) -3,500(cash) - 3,500 utlities expense
Explanation:
Asset will be affected when cash, equivalent of cash, or right or property than can be used to produce cashflow is acquired or used
Liabilities is affected whe nwe take debt like in #3
Equity when the company generated revenue or expenses.
It will also be affected when investment fro mowners are made.
Answer:
Ouran Highschool Host Club
Explanation:
Third one.............................