Answer:
The answer is True.
Explanation:
Income statement ultimately shows the profit or the loss of the Organizational activities.
The data used in the preparation of the income statement are based on the accounting information are are always based on accounting information.
If peanuts cost .25 per bag, you would divide $10 by .25 to determine how many bags you are able to buy.
Net pay is how much you made in a year after taxes YTD Net pay is how much you've made from January to the last day of the pay period before taxes
Answer: B) cars and petrol
