Answer: False
Explanation: The expenses appear directly in the income statement and indirectly in the balance sheet.
It is useful to always read both the income statement and the balance sheet of a company, so that the full effect of an expense can be seen.
(A)Consumption Tax is the answer.........
Answer: D. do all of these.
Explanation:CARD(credit card accountability, responsibility and disclosure) act is a set of guidelines and rules which guides consumers and help them to better understand their credit cards and reduce and control unfair practices from credit card companies, those rules, also concerns college students.
ALL THE OPTIONS ARE CORRECT REGARDING CARD RULES AND GUIDELINES FOR COLLEGE STUDENTS.
Stocks and bonds purchased by a business executive?
Answer:
$ 0.61 per unit
Explanation:
The unit-of-activity method is one of the asset depreciation methods. Under this method, the depreciable cost of the asset is spread over the units produced. The formula is a more accurate measure of wear and tear.
In this case:
Depreciable cost=(purchase price -salvage value)
=$52000.00 -$3200.00
=$48,800.00
Depreciation per unit= Depricable cost / expected production
=$48,800/80000
=$ 0.61per unit