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3 years ago

Describe the reason that accrued expenses often require adjusting entries but not in every situation. g

Business

1 answer:

Mkey [24]3 years ago

7 0

Answer:

Following are the solution to the given question:

Explanation:

Accrued Expenses:

The expenses accumulated were costs pending only at the conclusion of the financial day to be paid. Your financial reports would be made around an accrual basis, meaning the revenue would be booked appropriately without receiving the money. Likewise, the costs incurred during the existing fiscal year will be booked irrespective of if they're not paid.

Usually, know that such a cost is incurred only at end of the fiscal year until we have been paid.

When at the conclusion of a fiscal year we won't receive this bill, therefore the costs will have to be modified directly. In case the payment is not received.

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A company has issued 100,000 options of which 50,000 are "in the money at an average exercise price of $15.00. The Company’s sto

nikitadnepr [17]

Answer:

20,000 shares

Explanation:

The computation of given question is shown below:-

Dilutive number of shares:-

Proceeds from the options issue = 50,000 × $15

= $750,000

Shares issued = 50,000

Treasury shares purchased from proceeds of the options

= ($750,000 ÷ $25)

= 30,000

Dilutive number of shares outstanding = Shares issued - Shares purchased back

50,000 - 30,000

= 20,000 shares

8 0

3 years ago

Which type of investment offers both capital gains and interest income?

arlik [135]

Bondholders regularly receive interest income at a preset interest rate, or coupon rate, for a specified period of time. This is the bond’s maturity period.<span> Holders can also sell the bonds in the bond market at their current market price.
So the Answer is BONDS
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7 0

3 years ago

Read 2 more answers

on a visit to Russia you re offered a dessert that combines sweetened cheese with candied fruit and almonds you' re being served

valkas [14]

You're being served a Pashka

5 0

3 years ago

The owner of a small color television set offers to sell it to a neighbor for $75. As the neighbor stands there thinking about t

NNADVOKAT [17]

If he was the first to say he wanted the product and the seller wants to sell it as fast as possible than yes. But not technically it would be a kind of verbal understanding and agreement.

8 0

3 years ago

Intellectual capital alludes to substantial resources and assets of a venture that are caught by traditional accounting reports.

Alex787 [66]

Answer: False

Explanation:

Intellectual capital simply refers to the intangible assets and the resources that helps in the contribution to the value of a particular company or enterprise and help such company to gain competitive advantage over its counterparts.

It should be noted that these assets and resources aren't caught by the traditional accounting reports.

The above statement means that the statement in the question is wrong. Intellectual capital are not caught by traditional accounting reports.

8 0

3 years ago