Answer:
a.Capital expenditure, replacement component
b.Capital expenditure, replacement component
c.Revenue Expenditure, not applicable
d.Capital expenditure, replacement component
e.Capital expenditure, additional
f.Revenue Expenditure, not applicable
g.Capital expenditure, additional
Explanation:
Capital Expenditure involve the addition or replacement on assets that <u><em>increases flows of economic benefits or Income earning</em></u> capacity.
Revenue Expenditure involve repairs or maintenance of assets in order to <u><em>maintain the ability to earn income or economic benefits</em></u> and not to increase it.
Answer:
(A)
cash 85,000
unearned revenues 85,000
(B)
unearned revenues 40,000
subscroption revenues 40,000
Explanation:
(A)
Unearned revenues are a liability. It increases from the credit, so in this entry, we increased cash by the amount received and also increase unearned revenue for 85,000
WHY ARE LIABILITIES?
The payment made by customer in-advance generates an obligation to the NYT. The journal is forced to deliver their newspaper to these people, it has an obligation, which is certain and quantifiable in dollars, that fits in the definition of liabilities.
(B)
HOW UNEARNED BECOME EARNED?
Once time past AKA newspapers are delivered, the obligation decrease and part of the annual subscription become revenues
According to the IRS website, the number of days that refunds are deposited to an account is 21 days. When it goes beyond that, there might be certain errors or problems in the transaction. Once you file for refund, it will take 24 hours before the request will reach the IRS or when mailed, it will take around 4 weeks.
When analyzing a proposed project, a cash flow that is not affected by the decision to accept or reject the project is called <u>sunk cost</u>
<h3>what is sunk cost?</h3>
They are costs incurred not directly related to the realization of the project. that is, the company affects these costs, regardless of whether or not the project is carried out. An example may be the costs incurred when hiring a marketing agency to carry out a demand study for a new product that the company wants to launch, before making a decision on the project, These costs should not be taken into account when evaluating the project.
For more about sunk cost here brainly.com/question/14848662
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<span>This office manages the country's money. The budget is important because all of the government programs are given a certain amount of money in it. It must be followed so we have enough money to do what is needed in this country. Welfare, security and other important programs are in the budget.</span>
