Answer:
Expenditures
Explanation:
Wages are expenses. They are debited in the expenditures account. A general fund is used by the government to record the cash transactions as expenses or revenues. Therefore wages will be recorded as expenditures of the given period.
Fund balance is determined by accumulated expenditures over revenue.
Fund accounting includes general ledger , endowment ,grant. And general ledger has income and expense
Answer:
product line
Explanation:
The variety of yougurts is an example of product line as yogurts are one of the products sold by the firm along with milk and coffee.
When a budget is revised by adding a new quarterly budget to replace a previous one, this is a D. Rolling budget.
<h3>What is a rolling budget?</h3>
This is a type of budget that is considered continuous and perpetual because it captures the needs of the company over a longer period.
For instance, a rolling budget might be for a year but divided into 4 parts for each quarter such that as each quarter comes along, the company will simply start using the next quarterly budget.
Find out more on rolling budgets at brainly.com/question/23209198.
Answer:
A. $ 600
Explanation:
Computation of office supplies purchases during February
The formula for calculating the purchases is:
Opening Inventory + Purchases - Expenses = ending inventory Supplies
$ 800 + Purchases - $ 1000 = $ 400
By solving the equation, the purchase value is calculated at $ 600
Another approach is to see that the change in supplies inventory balance is a reduction of $ 400, The expenses of $ 1000 is contributed by a reduction in supplies of $ 400 and the remaining balancing amount of $ 600 is the purchases
