<u>Answer:</u>
<em>An adjusting entry that increases an asset and increases a revenue is known as Accrued Revenue.</em>
<u>Explanation:</u>
when an organization has earned income yet hasn't yet gotten money or recorded a sum receivable For the<em> situation of gathered incomes</em>, we get money after we earned the income and recorded an advantage.
The modifying section for a collected income consistently incorporates a charge to an advantage account (increment a benefit) and an a worthy representative for an<em> income account (increment an income).</em>
Answer: the correct answer is (A) Both a $180,000 cash inflow and a $55,000 cash outflow should be recorded in the financing section because both transactions involve stockholders' equity items, and all cash flows must be reported gross.
Explanation:
The important thing here is that all cash flows must be reported gross.
Answer:
The decision making of a consumer goods does not change because the amount of a good consumer wants at a particular point in time is determined by some factors
Explanation:
The decision of a consumer does not remain constant, this is because, the quantity of a good consumer demand at a particular point in time is determined by several factor
Now, in the place where i am working in an MNC as a contract role. While my working period my consumption of goods increased as i was earning my own money and i did not have think more than once before purchasing any particular kind of goods
Now after that time ends, i have to collect money from my parents and now my thoughts and behavior towards consuming changed greatly.
Possibly medium exchange or lots or loans?