Answer:
Should Manny send his client the bill in December or January?
Send the bill in January because in cash method accounting recognized when payments are made.
In december he recognized only income because is in advance.
Explanation:
The cash method of accounting requires that sales be recognized when cash is received from a customer, and that expenses are recognized when payments are made to suppliers.
In game theory, economic participants are referred to as "players". Game theory consists in the use of mathematical models in order to predict the behaviour of rational decision-makers in cooperative and competitive environments.
Answer:
Flow-through.
Explanation:
Flow-through is basically how to limit taxation or avoid double taxation. In terms of business, it is passed to the owner / investors.
The answer to your question is True
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