I believe the answer is d., the federal budget.
Answer:
b. $765000
Explanation:
Depreciation is a non-cash item and as such will not be considered in the computation of the amount to be disbursed in the month.
Given that the company pays for 70% of its purchases in the month of purchase and the remaining 30% in the next month for direct materials, it means the company will pay 70% of the material purchase in August and 30% of July's purchase in August.
Hence, The budgeted cash disbursements for August are
= 70% * $530,000 + 30% * $370,000 + $160000 + $73,000 + $50,000
= $765,000
Answer:
D
Explanation:
The matching principle requires that revenues earned and expenses incurred in generating those revenues should be reported in the same income statement
the purpose of this is to avoid misstating earnings
Answer:
923×1000
Explanation:
multiply 923 and 1000 because they are the prices and then u will get ur answer
