Answer:
D) $25,000.
Explanation:
The Accrual Basis of Accounting is the process in which income earned or expenses incurred are recorded at the time the transaction takes place, whether or not the cash has been exchanged.
Net Income is derived by subtracting Expenses from Revenue.
N.B. Prepaid Expenses are Advance Payments towards expenses and are a Balance Sheet Items and will not be recorded under Net Income Calculations until the Expenses are realized.
So, The Net Income can be calculated as follows;
Revenue $60,000
Less: Expenses $35,000
Net Income $25,000
Hence Option D will be correct answer.
#NETINCOME
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The financial burden of having young children can substantially lower a family's income and increase its chances of falling into poverty. But as children reach school age, that financial<span> penalty decreases significantly, according to a recent study by the left-leaning public policy organization.
I hope my answer has come to your help. God bless and have a nice day ahead!
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Answer:
a. By Differential Analysis
Accept Order or Reject Order
Per Unit: Accept Order Reject Order Differential effect on income
Revenue: $ 0 $7.20 $7.20
check the attached file
Answer:
the social cost of production exceeds the private cost of production.
Explanation:
The cost of natural resources for which the firms are not required to pay, for example, river, lake, atmosphere, etc. The use of public utility services such as roadways, drainage systems, etc. The cost of 'disutility' created through pollution (air, water, noise, environment).
Answer:
A correlation of 0.654 means that 65.4% of the difference in number of trash being collected can be explained by the differences in the number of volunteers
Explanation: