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Pepsi [2]
2 years ago
8

How is owner’s equity affected when is paid for expenses?

Business
1 answer:
Kobotan [32]2 years ago
4 0

Answer:

Profit and loss are directly linked to the amount of money the company is spending to run its business -- its operating expenses. So changes in operating expenses naturally affect owner's equity.

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How can you employ one of the most powerful interactive business tools on the<br> Internet today?
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Answer:

<em>Online shopping one of the most powerful interactive business tools on the Internet today.</em>

Explanation:

Today on internet most powerful interactive business tools is online marketing and shopping. The products and goods and services are easily available on internet and just with the help of delivery person anything can be easily delivered to the doorstep.

There are many intermediaries attached to this business and hence making it super profitable. Therefore, b to c business is on a boom these days and the customers needs are satisfied just sitting at home.

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In a spreadsheet, there are many features that help you edit quickly.<br> O True<br> O False
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Answer:True

Explanation:There are many form a quick editing hoped this helped ;) ... In a spreadsheet, there are many features that help you edit quickly.

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Identify which basic principle of accounting is best described in each item below. (a) Norfolk Southern Corporation reports reve
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Answer:

The answers are,

For A. It's the revenue recognition principle in which revenue is recognised when it is earned, now when the cash is realized.

For B. Its the matching concept in which all expenses related with earnings are debited against it to find the profit or loss.

For C. It's full disclosure principle in which all events in material nature has to be disclosed. We can say that going concern effects this as well, as if any event affect the continuity of an entity, it has to be disclosed as well.

For D. It's the historical cost principle in which you account the assets and expenses at the price you paid for them. When the value increases over time, you can reevaluate and adjust it.

Explanation:

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What is the largest source of revenue in california?
MArishka [77]
The three largest sources of revenue are personal income taxes, sales and use taxes, and corporate income taxes (in that order).
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Which of the following most correctly demonstrates the opportunity cost of
Svetllana [295]

The opportunity cost of choosing to live in a rural area instead of an urban area is the accessibility to greater choices which is in terms of entertainment, food, and shopping. Thus, statement B is correct.

<h3>What do you mean by opportunity cost?</h3>

In microeconomic theory, the opportunity cost of a particular activity alternative is the loss of price or advantage that could be incurred through engaging in that activity, relative to engaging in an alternative activity providing a better return in value or advantage.

The opportunity cost of choosing to live in a rural area instead of an urban area is the accessibility to greater choices in terms of entertainment, food, and shopping. Thus, statement B is correct.

Learn more about Opportunity cost here:

brainly.com/question/1549591

#SPJ1

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