Deffered Revenues, will not increase or decrease the fund balance of general fund during the fiscal year, as it is revenue which has not been earned yet, and cannot be shown as incomes in the Income statement, thus it is a liability which will be due if the service is not complete.
Other financing sources may increase or reduce the fund depending upon what kind of finance has been provided.
Answer:
Option B November 13th
Explanation:
The credit period begins from the day the invoice was received which is November 13th. Though we legally don't owe seller as he has not fulfilled his share or delivered consideration but if he is offering a contract that if you pay me within 30 (say) days we will give you 2% discount which means the consideration is early payment and in this contract the date starts from date of invoice received. So we will have to pay our supplier within 30 days starting from November 13, if we desire a 2% profit.
Answer:
varies depending on the state
Explanation:
For example, the Florida Real Estate Commission's (FREC) fines range from $250 to $5,000.
For first offenders, administrative fines range from $250 to $1,000, and the license can be suspended or revoked.
For repeat offenders, administrative fines range from $1,000 to $5,000, and the license can be suspended or revoked.
Answer:
the answer is B
Explanation:
paying your dept with your credit card well just make more dept.