Answer:
a. Bonds payable Liability account
b. Equipment Asset account
c. Accounts payable Liability account
d. Salaries payable Liability account
e. Common stock Equity account
f. Retained earnings Equity account
g. Cash Asset account
h. Accounts receivable Asset account
i. Sales revenue Equity account
j. Inventory Asset account
Explanation:
All the assets account is debit in nature, so the equipment, cash, account receivable and Inventory accounts are debit in nature and these are classified as asset.
All the account with credit nature is either classified as Liability or Equity accounts. Equity accounts are common stock, retained earning and sales revenue. Liabilities accounts are bond payable, account payable and salaries payable.
Hi! When is this due and how can I help?
Answer: B- Decrease
Explanation: the cycle time will decrease when there is no other changes made with buffers process and the utilization of process increases.
Answer:
The correct option is;
Revenues minus expenses
Explanation:
The Net Income (NI), of a business is calculated by first calculating the company's total revenue, then deducting from the calculated company's total revenue, the following items to find the earnings before tax;
1) Operating costs
2) Business expenses
3) Operating costs
The net income is then found by deducting the tax from the calculated net earnings.
The Net Income is also known as the bottom line of the business as it comes at the bottom line after subtracting the expenses, interests, taxes, from the total revenue.
