Answer:
False
Explanation:
The cost incurred to startup the business before realization of benefit from the business is called startup cost.
On the other hand organization cost ia a cost which is incurred to organize the business operations.
Startup cost can be amortized over a specific period of time. But the organizational cost is charged when it is incurred, it can not be amortized.
Service Revenue.................................65000
Rent Revenue..........................................6000
To Income Summary.....................................................71000
Income Summary..........................78900
To Depreciation Expense..............................................7000
To Salaries Expense.......................................................56400
To Utilitites Expense.........................................................15500
Retained Earnings.....................................................................7900
To Income Summary...............................................................................7900
the poerson save 60 dollars
The new price is 90 dollars
Explanation:
There is several so I’d go with 3
Hope this helps! :)
