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lozanna [386]
3 years ago
11

What kinds of business transactions are NOT summarized in a sole proprietor's books? A. Credits. B. Expenses or deductions. C. G

ross income. D. Sole proprietor's wages.
Business
1 answer:
yan [13]3 years ago
4 0

Answer:

D. Sole proprietor's wages.

Explanation:

The owner of the business is the sole proprietor on the other hand sole proprietor is not an employee. Therefore he receives no salaries as he is the person who is an owner of any company or an organization. Any sum he takes from the company is considered to be withdrawn amount.

Hence, Sole Proprietor's wages are not listed in the ledger of the sole proprietor. So, the correct answer is D.

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Communities and countries with greater income inequality tend to have higher rates of crime and higher rates of drug use. These
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False Communities and countries with greater income inequality tend to have higher rates of crime and higher rates of drug use. These relationships are examples of positive correlations

<h3>What is  income?</h3>

Income is the consumption and saving opportunity gained by an entity over a given time period, which is usually expressed in monetary terms. Income is difficult to define conceptually, and definitions vary across fields.

Income is defined as the amount of money received by a person, group, or company over a specific time period. A salary of $70,000 per year is an example of income.

Income is money received by an individual or business in exchange for labor, the production of a good or service, or the investment of capital. Individuals typically earn money through wages or salaries, whereas businesses make money by selling goods or services for more than their cost of production.

To know more about  income follow the link:

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7 0
1 year ago
What’s key function of a business involves finding targeting attracting and connected with the right customers
Vlada [557]
The answer would be marketing. A business' execution inside the market looks for its prosperity or disappointment. Marketing is all concerning looking, focusing on, pulling in, and interfacing with the best possible clients. in order to center around and achieve the best possible clients, elevating supervisors became acquainted with the potential markets, check item properties, see contenders' advancing ways, and promote viably.
4 0
3 years ago
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If the objective of your life insurance program is to get the greatest death protection now for your insurance dollars, you shou
Vladimir79 [104]
I think the answer is a term insurance
7 0
3 years ago
A linear production possibilities curve indicates which of the following?
lilavasa [31]

Answer:

I think ur answers are A, B, and C.

Explanation:

Hope this helps!

6 0
2 years ago
Complete the following statements using either "debit" or "credit":
Gekata [30.6K]

Answer:

a Debit

b Credit

c Debit

d Credit

e Credit

f Credit

g Debit

h Debit

i Debit

Explanation:

The rules are that increase in assets such as cash account ,delivery equipment,accounts receivable are debited while the reverse is done for reduction in assets.

The increase in liability accounts and revenue such as accounts payable and revenue account delivery fees are normally credited while the reverse applies to decrease in liabilities.

The increase in expense is normally debited while the reduction in expense is a credit.

The increase in capital account is a credit

4 0
4 years ago
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