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WITCHER [35]
3 years ago
9

Do entities report​ revenues, expenses,​ gains, and losses in net income or other comprehensive​ income? Explain.

Business
1 answer:
I am Lyosha [343]3 years ago
3 0

Answer:

Revenue Expenses in net income

Gain / losses in Other comprehensive income

Explanation:

Revenue and Expenses of an entity is reported in the net income section of income statement. the second section of income statement deals with unrealized gains / losses and any gain or losses from discontinuing operations as well. Net income also added to the other comprehensive income to calculate total net income or total comprehensive income.

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In EduTech, a software company, the views and suggestions of managers are considered unquestionable and employees never go again
tamaranim1 [39]

Answer:

Power Distance

Explanation:

Power Distance -

It refers to the distribution of the power and strengths within any organisation if referred to as power distance .

In most of the scenario the distribution of power is very unequal and unfair .

Most of the high power people tends to dominate over others and misuse their strengths in a very unfair manner .

Hence , from the given scenario of the question ,

The manager of the company has all the power and tends to dominate over others and others people tends not to go against his order .

Hence , the correct term is power distance .

8 0
3 years ago
On January 15, Walton Company sold merchandise on account for $3,000 with terms 3/10, n/30. On January 20, the customer returns
Margaret [11]

Answer:

The amount received in cash is $2,328

Explanation:

The amount which is received in cash is computed as:

On January 20, the amount of $600 goods returns from customer, so the remaining balance is

= $3,000 - $600

= $2,400

On the remaining balance, the discount which is evaluated as the payment is received within the discount period which is January 25. So,

= $2,400 x  (100% - 3%)

= $ 2,400 x  97%

= $ 2,328

7 0
3 years ago
7. John earned $2,500 as a life guard over the summer. This was his only job and income taxes were deducted from his paychecks b
guapka [62]
My answer is choice d.
7 0
3 years ago
What particular business conditions and/or strategy might make telling or not telling the more advantageous option?
const2013 [10]

Telling employees gain motivates personnel to do their high-quality work. after they realize there are possibilities for advancement, they will do their process to a better standard to electrify those who are looking.

4 everyday business-level strategies emerge from those choices: (1) huge cost management, (2) wide differentiation, (three) targeted cost leadership, and (four) centered differentiation. In rare cases, companies are able to provide both low costs and particular capabilities that customers discover acceptable.

Put clearly, business strategy is a clear set of plans, actions and desires that outlines how a commercial enterprise will compete in a selected market, or markets, with a product or number of products or services.

Learn more about business here: brainly.com/question/24448358

#SPJ4

8 0
2 years ago
During December, Rainey Equipment made a $658,000 credit sale. The state sales tax rate is 6% and the local sales tax rate is 1.
crimeas [40]

Answer:

Debit: Accounts Receivable 707,350

Credit: Sales Revenue 658,000

Credit: Sales taxes payable ([6% + 1.5%] × $658,000) = $49,350

Explanation:

3 0
3 years ago
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