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polet [3.4K]
3 years ago
6

The balance of the revenue account is transferred to the

Business
1 answer:
miv72 [106K]3 years ago
6 0
Credit side of a the balance of revenue account is transferred
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A state provides a city with a grant of $500,000 for a special "meals for the homeless" program. The city will receive payment f
alina1380 [7]

Answer:

When it incurs expenditures under the grant

Explanation:

According to the revenue recognition principle, the revenue is recognized when it is earned plus in this question the matching principle is also applied that refers that when revenue is recognized so at the same time the expenditure should also be recorded i.e on same period the revenue and the expenditure should be matched.

8 0
3 years ago
A difference between the static budget and the flexible budget is called the ________. a. total variance. b. volume variance. c.
Sphinxa [80]

Answer:

b. volume variance.

Explanation:

Volume variance can be defined as the difference between the static budget and the flexible budget.

It mainly occurs as a result of the difference between the actual volume and the budgeted volume derived from the static budget.

5 0
4 years ago
A company rents a building with a total of 50,000 square feet, which are evenly divided between two floors. The company allocate
shtirl [24]

Answer:

$8,000

Explanation:

The computation of the monthly rental expense allocated is shown below:

Rent allocated to 1st floor:

= $30,000 × 2 ÷ 3

= $20,000

There is 50,000 square feet i.e. equally divided between first floor and second floor. so 25,000 square feet for each floor.

Now  

Rent allocated to 10,000 square feet:

= ($20,000 ÷ 25,000) × 10,000

= $8,000

8 0
3 years ago
historically, demand has averaged 2546 units with a standard deviation of 149. the company currently has 2610 units in stock. wh
Minchanka [31]

The company with 79 units in stock have a Service Level of 97 The z score is used to determine by how many standard deviations the raw score is above or below the mean. The z score is given by: Given that: μ = 40, σ = 20, hence for x = 79: From the normal distribution table, P(z < 79)  = P(z < 1.95) = 97.44% Hence the company with 79 units in stock have a Service Level of 97.

Flexibility/limberness refers to the anatomical form of movement in a joint or series of joints, and length in muscle mass that cross the joints to bring about a bending movement or movement. Flexibility varies among human beings, particularly in phrases of versions in muscle duration of multi-joint muscle tissue. Flexibility in a few joints may be superior to a exceptional degree through exercising, with stretching a not unusual exercise difficulty to keep or decorate flexibility. The joints in a human frame are surrounded by synovial membranes and articular cartilage which cowl, cushion and nourish the joint and surfaces of each.[1] growing muscular elasticity of the joint's variety of mobility will increase flexibility.

LEarn more about stock

brainly.com/question/25818989

#SPJ4

5 0
2 years ago
If an organization does not develop programs in-house, then the development group of the information system (IS) department will
Nitella [24]

Answer:

C) Business and systems analysts

Explanation:

Business and systems analysts primarily work with users, operations, and vendors to acquire and install licensed software and to set up the system components around that software.

They can be found in the information system (IS) department of an organization.

4 0
4 years ago
Read 2 more answers
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