Answer:
Total comprehensive income = $2,250,000
Explanation:
Note: See the attached excel file for the single, continuous multiple-step statement of comprehensive income for 2021.
Multiple-step income statement is an income statement that employs multiple subtractions in the process of calculating the net income. Multiple-step income statement shows the gross profit and separates the operating revenues and expenses from the nonoperating revenues, expenses, gains, and losses.
They most likely drop the prices
Answer:
A. "Not be at fault if there is a collision". Normally when someone runs a red light you don't have enough time to swerve or slow down and you might just collide with them but it's not your fault. The person who ran the red light would be at fault.
1. Dr Merchandise inventory 25100
Cr Accounts payable 25100
(To record purchase of inventory on account)
2. Dr Merchandise inventory 530
Cr Cash 530
( To record freight cost )
3. No entry
4. Dr Accounts payable 3600
Cr Merchandise inventory 3600
( To record purchase return)
5. Dr Accounts payable ( 25100-3600) 21500
Cr Cash 21500
(To record paid the amount due).
Answer:
they provide additional information about the visual