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3 years ago

Imports of goods and services are items that _ in the united states _ the rest of the world.

1 answer:

7 0

Imports of goods and services are items that households, firms, and governments in the United States buy from the rest of the world.
Correct answer: B
Import is part of international trades, which denotes the change in ownership of material resources and services between one economy and another.

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The following revenue and expense account balances were taken from the ledger of Wholistic Health Services Co. after the account

vova2212 [387]

Answer:

Wholistic Health Services Co.

Income Statement for the year end February 28, 2019

Service Revenue $270,900

Less: Supplies Expense $3,000

Gross Income $267,900

Less operating Expenses:

Insurance Expense $4,000

Depreciation Expense $9,000

Miscellaneous Expense $6,000

Utilities Expense $1,760

Rent Expense $4,200

Wages Expense $213,000

$237,960

Net Income $29,940

Explanation:

Income statement shows the performance of the company in a year. It provides the details of revenue, expenses and profits for the year. All the expenses are deducted from the revenue to determine the net earning of the business.

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3 years ago

Equipment costing $37,200 is purchased at the beginning of the year for cash. Depreciation on the equipment is $6,200 per year.

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Answer:

$16000

Explanation:

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3 years ago

Which is of the following is NOT an example of a non profit organization?

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D) all of the answers

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3 years ago

The _____ lists the beginning and ending balances of key equity accounts and describes the changes that occur during the period.

andrey2020 [161]

It should be noted that statement of retained earnings gives lists of the beginning and ending balances of key equity accounts.

<h3>What is statement of retained earnings?</h3>

The statement of retained earnings can be regarded as a financial statements which provides details changes in the volume of retained earnings over some period.

statement of retained earnings describes the changes that occur during the period.

Learn more about statement of retained earnings at:

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2 years ago

If you have fully funded your 401(k) and profit-sharing plans up to the allowable limits, then you may want to put away more mon

jenyasd209 [6]

Answer:

annuity

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3 years ago

Imports of goods and services are items that​ _____ in the united states​ _____ the rest of the world.

Imports of goods and services are items that _ in the united states _ the rest of the world.