The term amateur describes work done by non professionals.
Answer:
It is defined as an ability of an individual to use digital platforms like various social medias and internet efficiently and effectively.
Explanation:
Digital literacy can be understood as an ability of a person to search, calculate and create various information through various digital platforms such as on a computer or with the help of the Internet. Initially, digital literacy of a person was only examined by their ability to use the computer, but now, with the advent of the internet and social media, the ability to use the internet and social media both on computers as well as on mobile phones are considered as complete digital literacy.
Answer:
Huffman Corporation
Income Statement for the year end December 31, xxxx
Service revenue $13,900
Less: Expenses
Salaries expense $3,100
Advertising expense <u>$700 </u>
Total Expenses <u>($3,800)</u>
Net Income <u>$10,100</u>
Explanation:
Following account are the balance sheet accounts, so these are not used in the preparation of income statement.
Retained earnings 3,700
Cash $ 4,200
Equipment 10,700
Common stock 7,900
Accounts payable 2,250
Answer: The correct answer is "(E) $200,000.".
The proper cash flow to show in a discounted-cash-flow analysis as occurring at time 0 would be: <u>"(E) $200,000.".</u>
Explanation: At time 0, the course of time does not occur therefore there is no discount.
Answer:
B) the allowance account and estimates are used.
Explanation:
When a company uses the allowance method, it will record an adjusting entry for the losses it anticipates from bad credits given to customers. The bad debts expense account is debited and the allowance for doubtful accounts (contra asset) is credited. Then as time passes and the amount of bad debts is exactly determined, another adjusting entry is necessary depending whether the estimate was correct or not, or if it was under or over estimated.