The correct option is A
<u>Explanation:</u>
Under the accrual basis of an accounting system, an expense has to be booked in the period in which it is incurred whether such an expense has been paid or not.
<u>The following Journal Entry will be passed in the books of accounts of a company:
</u>
Wages account will be debited with an amount of 5000 and Wages Payable account will be credited with an amount of 50000
Thus, the correct answer will be option A from the given options.
Answer: fragmented
Explanation: A fragmented industry is one in which many companies compete with themselves and there is no single or small group of companies which dominate or influence the industry. In this industry no organization exercise influence on other organization in the industries. In or other word, it is an industry in which no single organization has enough share of the market to be able to influence the industry's direction.
Answer:
Superintendent, Principal, teacher, student
Explanation:
I believe the answer is: it gives a special tax break to employees who are saving primarily for retirement.
This make the taxpayers able to maxmize their purchasing power prior to their retirement. Which allow them to do things such as putting more money down on their mortrage, improve their standard of living, increasing their life saving, or putting of some of their income in various type of investments.
