Answer: Labor and Capital.
Explanation:
Another way in which factory workers and factory owners can be referred to, is the laborers and the capital.
The factory workers are the laborers, because they carry out job and get paid salary/wages.
The factory owners are the ones that supply the capital needed in the factory and gain profit from their investment.
Answer:
$101,500
Explanation:
Net Sales $2,030,000
Allowance for uncollectible Accounts ($2,030,000*5%)=$101,500
The amount of uncollectible accounts to be reported in income statement shall be $101,500
B
a demand deposit lets you withdraw money without advice notice
The type of insurance money that Malik has received indicates life insurance and the correct option is D.
<h3>What is life insurance?</h3>
Life insurance is an agreement wherein a policyholder will pay everyday premiums in alternate for a lump-sum demise benefit that can be paid to the policyholder's beneficiaries. The lump-sum gain is paid while the policyholder passes away or a selected amount of time has passed.
Hence, The type of insurance money that Malik has received indicates life insurance and the correct option is D.
learn more about life insurance here:
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