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Julli [10]
4 years ago
13

Select the account classification that matches with the description.

Business
1 answer:
Trava [24]4 years ago
5 0

Answer:

E. Revenues

Explanation:

The sale of products or services brings about revenue to the business.

The revenue according to the accrual concept is recognized when an entity has performed its obligation of delivering goods or rendering services to its customers.

Sale revenue has the expenses deducted from it in a bid to ascertain the company's profitability or the bottomline

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A store has clearance items that have been marked down by 20%. They are having a sale, advertising an additional 30% off clearan
DedPeter [7]

Answer: the correct answer is 56% of the original price.

Explanation: Let's say the original price is 100 - (0.20*100) = 80. the price is now 80 with the discount. The new discount is now 80- (0.30*80) =80-24 = 56. If 100 is 100%. How much is 56 of 100 in terms of percentage and the answer is 56%.

5 0
4 years ago
Which of the following are true if you pay only the minimum amount each month towards your credit card bill?
Ira Lisetskai [31]
The answer is would be d because all credit cards have an interest rate and that will keep going up if you only pay a little bit at a time
5 0
3 years ago
Read 2 more answers
True or false: Underapplied or overapplied overhead occurs because overhead is applied to jobs using a predetermined rate based
Masteriza [31]

There are different kinds of rules. Underapplied or overapplied overhead occurs because overhead is applied to jobs using a predetermined rate is a true statement.

<h3>What is Underapplied overhead?</h3>

This is known too be when the amount of a specific OH applied is said to be less than full amount of actual MOH for that specific period.

Overapplied overhead is known to be when the amount of OH applied is said to be more than full amount of actual MOH for that specific period.

Learn more about overapplied overhead  from

brainly.com/question/4930275

3 0
3 years ago
A country currently has a population of 100 million and an annual growth rate of 3.5 percent. If the growth rate remains constan
pogonyaev

Answer:

D. 400 million

Explanation:

Current Population of the country = 100 million

growth rate per year = g = 3.5%

Number of Years = n = 40 Years

Population after 40 year  = ?

To calculate the population after 40 year use following formula:

Population after 40 years = Current year population x ( 1 + growth rate )^ number of years

Population after 40 years = Current year population x ( 1 + g )^{n}

Population after 40 years =  100 million x ( 1 + 0.035 )^{40}

Population after 40 years =  100 million x ( 1.035 )^{40}

Population after 40 years =  100 million x 3.959259

Population after 40 years =  395.93 million

Population after 40 years =  400 million ( Rounded off to nearest hundred )

6 0
4 years ago
All of the following are normally found in a corporation's stockholders' equity section, exceptAll of the following are normally
sukhopar [10]

Answer:

b. Unearned Rent

Explanation:

Shareholders Equity is the residual amount of Assets after deducting the Liabilities.

The Unearned Rent is a Liability and is not found in the Shareholders Equity Section.

Liabilities are Present obligations of an entity that arise as a result of past events, the settlement of which will result in out flow of economic benefits from the entity.

6 0
3 years ago
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