Yes the answer is ymb+x because he traveled to new york your welcome
Answer:
Total income: $4,000
Other (22%) = $4,000 * 0.22 = $880
Rent (33%) = $4,000 * 0.33 = $1,320
Savings (25%) = $4,000 * 0.25 = $1,000
Utilities (8%) = $4,000 * 0.08 = $320
Groceries (12%) = $4,000 * 0.12 = $480
How much more money does Andre budget for savings than for groceries and utilities?
As seen above, Andre spends $800 in groceries and utilities ($320 + $480), and he sets aside $1,000 for saving, so he budgets $200 more for this purpose.
Answer:
The correct word for the blank space is: expense recognition principle.
Explanation:
The expense recognition principle establishes when expenses and revenues must be recorded in the accounting books of a company. Under the accrual basis of accounting method, revenues are recognized when earned and expenses whenever consumed. While using the cash basis accounting method, revenues are recognized when earned and expenses when they are paid to suppliers not when invoices are sent.
In both cases, <em>expenses and revenues are recognized during the same period when they take place. That is the reason why the direct write-off method fails to fulfill the expense recognition principle because bad debt can be recognized as an uncollectible account not necessarily in the same period where the debt instrument was issued.</em>
True. Rocks are not created or destroyed they are recycled.
