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3 years ago

The saving habits of ben and arthur best illustrate which principle of saving?

1 answer:

5 0

This principle gives idea that an exact amount of money today has different buying power than the same amount of money in the future. This is because of both the opportunity to earn interest on the money and because the drive inflation will prices up. The two Best illustrate their saving habits are the length of time money is invested matters and the rate of return matters.

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Amounts withheld from employee's earnings for employee income tax is considered a _____ by the employer until the government is

Komok [63]

Amounts withheld from employee's earnings for the employee income tax is considered a liability by the employer until the government is paid

What is liability?

Liability means the obligation that one party owes another, whose settlement requires the indebted party to transfer cash or equivalent value of other benefits commensurate to the liability to the other party.

In this case, the employees owe the government income taxes, whereby the employees have discharged the obligation by having the employers deduct them from their earnings.

The onus is now on the employers to make payments in respect of the income taxes withheld to the tax authority, prior to which the taxes are treated as the employer's liability.

Find out more about liability on:brainly.com/question/17090843

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Missing options:

(A) assets. (B) liabilities. (C) salary expense. (D) revenue.

7 0

2 years ago

On the TV show Shark Tank, pitcher Donny McCall presented his company Invis-A-Rack, which produces a cargo equipment holder for

solong [7]

Answer:

The correct answer is Modular.

Explanation:

The commercial systems of the service companies are gaining complexity over time, having a modular and integrated solution natively generates competitive advantages and saves time and effort in the different procedures.

A modular and integrated system allows clarity about the information that is handled in each area, the relationship between them and how the different processes of the company are integrated. A modular and integrated system translates into, unify data, optimize costs and work efficiently.

5 0

3 years ago

The classical viewpoint of management emphasized ways to ___

ki77a [65]

Manage work more efectively

7 0

3 years ago

Which is the result of entering a debit in an expense account?

Arlecino [84]

Explanation:

when a payment is made the entries recorded are debit prepaid expenses

3 0

2 years ago

Waterway Industries reported the following information for 2016: October November December Budgeted sales $950000 $890000 $11000

MakcuM [25]

Answer:

At November 30, 2016, budgeted Accounts Receivable is $445,000

Explanation:

In October, Sales: $950,000

Customer amounts on account are collected: 50% x $950,000= $475,000

At 31 October, Accounts Receivable = 50% x $950,000= $475,000

In November, Sales: $890,000

Customer amounts on account are collected = $475,000 + 50% x $890,000 = $920,000

At November 30, 2016 budgeted Accounts Receivable = 50% x $890,000 = $445,000

8 0

3 years ago