Answer: A) TO PERSUADE
Explanation:EDGE 2022 CORRECT
The end of the accounting period fell on a payday for Romero Industries but not for Rose Industries.
Explanation:
Unpaid wages are normally the percentages paid to hourly employees but not yet charged to employers.
According to the cumulative basis of accounting, outstanding wages received by workers but not yet deposited in their accounts must, through an accrual change entry to be entered or recorded:
-
Debit Wages Expense
- Credit Wages Payable or credit Accrued Wages Payable
Expense of wages is an account of income statement. Wages Payable or Accrued Wages Payable is a current account with a balance sheet account documentation.
Answer:
The income before taxes for Discounted Supplies Inc is calculated as follows:
Sales - $100,000
less Variable cost - $24,500
less Fixed cost: Controllable & Uncontrollable & Unallocated - $25,500
less Operating cost - $16,400
Net Income = $33,600
Explanation:
The net income is the income before taxes. It is arrived at after deducting variable and fixed costs of sales, including operating cost.
It is based on this figure that income taxes will be levied.
The net income or income before taxes is regarded as the bottomline profit or returns or earnings that is distributable to stakeholders, including the government for taxation and the shareholders in form of dividends.
It shows the result of the efforts in running a business. A positive income before taxes shows that costs are being efficiently managed. It leaves a compensation for investors and the economy as a whole.
Answer:
An environmental impact statement, under United States environmental law, is a document required by the 1969 National Environmental Policy Act to protect the environment.
Therefore, the main purpose of an environmental impact statement is to make sure that the policies in the Act is implemented.
It also lists out the various endangered species in the area on either private or government territories and how best to preserve them from extinction.
