Answer:
The Federal Trade Commission Act is a law passed in 1914.
Answer:
My answer is A) C) and D)
Explanation:
If I am wrong please tell me.
Answer:
Operating activities
Explanation:
The operating activities deal with the purchase and sale of merchandise to the customers plus it also involves the expenditure incurred for day to day operations like - wages and salaries expenses, administrative expenses, selling and other general expenses
By performing day to day activities, the company is enabled to generate the revenues through which the company could accomplish its goals and objectives.
Answer:
Dr Profit and loss account $454,000
Cr Retained earnings $454,000
Explanation:
Preparation of the Journal entry to close net income for Riverbed Corporation
Based on the information given we were told that the Corporation reports net income of the amount of $454,000 on December 31 this means the Journal entry to close the account will be recorded as:
Dr Profit and loss account $454,000
Cr Retained earnings $454,000
