Prepaid expenses, should be decreased by the benefits that were used up during the accounting period.
A prepaid expense is a form of balance-sheet asset that results from a company making advance payments for services or products that will be received in the future. Prepaid expenses are registered as assets, but their valuation is deducted from the income statement over time. Unlike traditional expenses, the prepaid expense will provide value to the business over the duration of several accounting periods. Prepaid expenses should be reduced by the benefits used during the accounting period.
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Answer:
The goal of the Employment Act of 1946 was to be achieved through free competitive enterprises.
Explanation:
The Employment Act of 1946 anchored the stability of unemployment on the US federal government, which it set out to achieve through competitive enterprises.
Answer:
“Literacy is the first step towards freedom, towards liberation from social and economic constraints. It is the prerequisite for development, both individual and collective. It reduces poverty and inequality, creates wealth, and helps to eradicate problems of nutrition and public health
Explanation:
Answer: Chronicles and travelogues are different. Chronicle is basically a historical fact or account or events are organised in a chronological order. Travelogues are a chronological way of representing things.
The answer is Mecca I know that because I just had a test on that subject.
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