Answer:
Correct option is (c)
Explanation:
An accountant will record only those cost in the financial statements that have incurred on account of carrying out the business.
In this case, option (a) and (b) are opportunity cost of carrying out shoe shine business. These are the income that John could have earned if he did not start shoe-shine business.
Cost of shoe polish is an operating expense incurred to run his shoe-shine business. So this cost will be included by the accountant in the financial statements.
Frequently a piece of air contamination over California.
contaminations discharged in California can float over the Pacific Ocean. This essential truth uncovers the significance of a worldwide way to deal with protecting air quality. At the point when those unsafe gases flow starting with one continent then onto the next ,they offset gains in other's air quality especially if they are striving to cut emissions by certain percent.
This is the order in which tertiary level degrees are given
Answer:
The correct answer to the following question is dialogue manager .
Explanation:
DDS is know as decision support system , which can be described as the set of integrated computer tools, which helps a decision maker in retrieving useful information by allowing decision maker to interact directly with the computer and this retracted information would be useful in making unstructured and semi structured decisions. This system is really easy to use and one of its component is dialogue manager which would allow a decision maker to easily get access to information and manipulate dds.
Answer:
$300
Explanation:
When insurance is paid in advance, the entries required are
Debit Prepaid Insurance
Credit Cash account
As time elapses and the insurance expires,
Debit Insurance expense
Credit Prepaid Insurance
Amount of insurance expense as at 31 December (6 months between 1 July and 31 December)
= 6/12 * $600
= $300
The insurance expense on the annual income statement for the first year ended December 31 is $300.
