Answer: The Indians migrated over 30,000 years ago.
Answer:
(a) Belief that a company will remain in operation for the foreseeable future.
Accounting assumption or principle: Going concern assumption
(b) Indicates that personal and business record-keeping should be separately maintained.
Accounting assumption or principle: Economic entity assumption
(c) Only those items that can be expressed in money are included in the accounting records.
Accounting assumption or principle: Monetary unit assumption
(d) Separates financial information into time periods for reporting purposes.
Accounting assumption or principle: Periodicity assumption
(e) Measurement basis used when a reliable estimate of fair value is not available.
Accounting assumption or principle: Historical cost principle
(f) Dictates that companies should report all circumstances and events that make a difference to financial statement users.
Accounting assumption or principle: Full disclosure principle
Dividends from a mutual insurer fall under the categories of non-taxable dividend. The dividends are not subjected to tax because they are considered to be a return of premium. It required under the law that the mutual fund insurers must invest over 50% of their capital in tax exempt investments. Due to this fact, mutual insurer dividends are not subjected to tax.
Answer:
<u>a. It can be a source of competitive advantage.</u>
<u>Explanation:</u>
<em>Remember</em>, a diverse workplace is one where you find a diverse range of individuals from different cultures, gender, race, age, sexuality, language, educational background, etc all working together to achieve the goals of the organization.
By having this diversity in the workplace an organization can rightly tap into the wealth of experience of its staff in understanding how to better position their products or services into the market.
Answer:
retained earnings at the beginning of the period plus net income minus dividends.
Explanation:
As we know that
The ending balance of retained earning = Beginning balance of retained earnings + net income earned - cash dividend paid
While calculating the ending balance, we added the net income and deduct the cash dividend paid to the beginning balance of retained earning account so that the ending retained earnings balance could come
