Answer:
The correct answer is letter "D": the beginning balance of owner's equity.
Explanation:
The statement of owner's equity reports the changes in a company's capital balance during a certain period. Thus, the transactions that increased or decreased stakeholder's equity is portrayed in this section. In the statement of owner's equity, the income earned during the current period is added to the beginning capital balance and the owner's equity withdrawals are deducted.
<em>The statement of owner's equity shows at its head the Beginning equity balance -initial money invested in the company over a period.</em>
Answer:
D) Both a and b.
Explanation:
COPPA means Children's Online Privacy Protection Act of 1998, it is a federal law in the United States that became effective on April 12 2000. This law is used as pertaining to the collection of personal information of individuals under age 13. For a company that is based in US, it is required that their website must include privacy policy on how to seek parental consent, what this information will be used for, and the responsibility to protect the privacy of children online.
Most companies does not allow children under age 13 to have access to their services because of what it entails in complying with the law.
He can make a motion for <span>a judgment not withstanding the verdict.
This motion can be use to render the decisions made by the jury during the trial. This require the judge to withstand the decision notwithstanding the jury findings and give enough time for the attorney and the team to plan the next move for baker.</span>
Answer:
Option A-The revenue must be recognized on 31 August.
Explanation:
The accrual concept says that the income must be recognized when they are earned not when the amount is received and expenses when they are incurred not when they are paid.
So according to accrual concept, the entity must deliver its share to recognize sales that is servicing the car. When the entity will service the car then it should recognize the revenue otherwise not. So in accrual basis accounting the date of payment is irrelevant for recognition of revenue and expenses.
The characteristic of value that is represented here is <u>C. Situs.</u>
<h3>What is Situs?</h3>
Situs refers to the location of the property in legal terms. The location of an asset adds or subtracts value from the property. Some properties are located in urban areas where the demand is much more than in suburbs or rural areas. Such properties attract equivalent values based on their locations.
<h3>Answer Options:</h3>
A. Scarcity
B. Nolo Contendere
C. Situs
D. Caveat Emptor
Thus, the characteristic of value represented in this scenario is not scarcity, nolo contendere, or caveat emptor, but <u>Option C. Situs.</u>
Learn more about the location of a real estate at brainly.com/question/26010601
