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Darina [25.2K]
3 years ago
11

The money spent by firms in order to produce and sells their goods and services is called

Business
1 answer:
Marina86 [1]3 years ago
6 0
Advertising is money spent by companies to sell goods and services.
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A city with a 12/31 fiscal year-end requires that restaurants buy a license, renewable yearly. Proceeds of the license fees are
stiks02 [169]

Answer:

c) $210

Explanation:

Revenue is recognized in the year in which it is intended to finance an activity.

The Cash collected During 2014 relating to licences will be used to finance the salaries for the inspectors during 2014 and cash collected during 2014 = $210 (30+180)

8 0
2 years ago
Winter Company earned revenues of​ $150,000 in cash and​ $200,000 on account during 2018. Of the​ $200,000 on​ account, $63,000
ICE Princess25 [194]

Answer:

$235,000

Explanation:

Under the accrual accounting system, expenses are recognized in the period incurred and not necessarily in the period cash is paid.

Revenue is also recognized in the period earned and not necessarily when cash is collected.

Total revenue in 2018 = $200,000 + $150,000

= $350,000

Net income is the difference between the revenue and expense

Net income in 2018 = $350,000 - $115,000

= $235,000

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3 years ago
What happens when you move a section header
german
Nothing really just the header moves where ever you move it to lol
5 0
3 years ago
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Required information [The following information applies to the questions displayed below.] Desmond is 25 years old and he partic
MrRa [10]

Answer:

Saver's credit = $0

Explanation:

He is not entitled to any saver's credit, as he is not married and his AGI is greater than $32,000. Therefore the Saver's credit is equal to zero. Is also important to consider that Desmond is a head of a household and his AIG is between 31,126 and 48,000.

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________ now command about 45 percent of all retail sales in the united states. factory outlets joint agreements franchises acqu
butalik [34]

___ now command about 45 percent of all retail sales in the United States.

Franchises

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