Answer:
B. Retained Earnings
D. Accumulated Depreciation
F. Wages Payable
H. Interest Payable
Explanation:
Retained earnings will be reported in the Equity section of the balance sheet.
Accumulated depreciation will be reported in the Fixed assets section of the balance sheet and will be used to calculate Net Book Value.
Wages and Interest payable are both current liabilities to reflect that the company owes wages and interest payments.
Answer:
b. depreciation reduces both the pretax income and the net income.
Explanation:
A financial statement is a written report that quantitatively describes a firm's financial health. Under the financial statements is a cash-flow statement, which is used to record the cash inflow and cash equivalents leaving a business firm.
Cash flow statement, also known as the statement of cash flows, contains financial information about operating, financial and investing activities.
An income statement comprises of the financial information about the income and expenses of an organization over a specific period of time.
Depreciation can be defined as the reduction of cost of a fixed asset systematically until the value of the asset becomes zero.
The Modified Accelerated Cost Recovery System (MACRS) can be defined as a depreciation system that avails business owners or companies the ability and opportunity to recover or recoup the cost basis of physical assets that have experienced deterioration over a specific period of time.
In the United States of America, the Modified Accelerated Cost Recovery System (MACRS) is used mainly for tax purposes because it gives room for faster depreciation of a physical asset in its first years or initial usage and reduces depreciation as it is being used over a long period of time.
Generally, it can be deduced from an income statement that depreciation reduces both the pretax income and the net income of a business firm or an organization.
150 units times 600 units equals 75 units 100 units 200 units 300 units 400 units 506 177 units 35 units data table units 4582 units 240 money $14
Answer:
The word that means finding its food is hunting
