<u>Answer: </u>Option 2 discretionary
<u>Explanation:</u>
Spending can be mandatory spending or discretionary spending. Mandatory spending means the spending on essentials goods such as food. Discretionary spending means the spending on recreation and entertainment where people have additional money in hand after meeting their necessary expenses.
In this speech Obama speaks about the non essential expenses when they are controlled more investments can be made. He says when all the departments cut down their discretionary expenses then can result in economic growth.
Answer:
d. Shareholders equity increases $ 16,000
Explanation:
Two months rent needs to be adjusted. The total payment made was for $ 48,000 for a six month period. The monthly rent is $ 48,000/6 = $ 8,000
The adjustment amount is thus $ 8,000 * 2 months = $ 16,000
The adjusting entry is:
Rent expense Debit $ 16,000
Prepaid rent Credit $ 16,000
So this results in decrease in prepayment and an increase in rent expense. \Due to an increase in expenses, the net income decreases by the same amount.
The only option of increase in shareholders equity, is not valid as a reduction in net income shall result in a decrease in shareholders equity.
24) B
25) A
Don't want to give you too many answers, since I see it's a test. Hope this helps you out though. Good luck on your test
- Just Peachy
Answer:
B. This genetic mutation codes for the production of a protein that provides resistance to the disease.
Explanation:
