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3 years ago

What is the effect of an accrued expense (such as salaries expense) adjustment on the income statement and the balance sheet?

Business

1 answer:

CaHeK987 [17]3 years ago

7 0

Answer: A. Expenses are increased

B. Net income is reduced

E. A liability (such as salaries payable) will be increased.

Explanation:

An accrued expense is an expense that is witten when it was incurred even before it's eventually paid. e.g wages payable.

The effect of an accrued expense such as salaries expense adjustment on the income statement and the balance sheet is that there'll ba na increase in expense. Also, there'll be an increase in liability such as the salaries payable. Since there is an increase in liability, thus will bring about a reduction in the net income.

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Categorize each statements as a component of Gross Domestic Product (GDP): consumption, investment, government, or net exports.

Viefleur [7K]

Answer:

'Government Expenditure' not 'Government' is a component of GD[

Explanation:

GDP is the total value of goods & services produced in an economy during an year.

As per Expenditure method :

It is calculated as 'expenditure' done by all sectors of economy as "<em>one person expenditure is other person income</em>".
4 sectors are : households , firms, government ,rest of the world.
Their respective demand expenditures are : Private Final Consumption Expenditure , Government Final Consumption Expenditure, Investment (Gross domestic Capital Formation) , Net Exports.

4 0

3 years ago

What term tells us how frequently a product is completed?

Annette [7]

It is Cycle Time that tells us how frequently a product is completed.

<h3>What is Cycle time?</h3>

Cycle time is a measurement of how long it takes a company to produce a good or provide a service. Learning how to determine cycle time will help you improve your production processes. This page provides a definition of cycle time, an explanation of its importance, step-by-step directions, and an example to assist you in calculating the cycle time for your company.

Cycle times can point out places where a business might simplify its procedures in order to increase sales and speed up the production of goods. Cycle times can be used to pinpoint the particular problem that might be causing the output to be sluggish.

Consequently, the phrase "cycle time" describes how frequently a product is finished.

Thus, the cycle time term tells us how frequently a product is completed

For more information on<u> cycle time</u>, refer to the following link:

brainly.com/question/15970682

#SPJ4

4 0

1 year ago

Square Hammer Corp. shows the following information on its 2018 income statement: Sales = $206,000; Costs = $123,000; Other expe

EastWind [94]

Answer:

a. What is the 2018 operating cash flow?

$31,200 + $14,000 = $45,200

b. What is the 2018 cash flow to creditors?

-$13,100 - $3,100 = -$16,200 (it is negative since interests and principal were paid to creditors)

c. What is the 2018 cash flow to stockholders?

-$10,000 + $4,600 = -$5,400 (it is negative since more dividends were paid to stockholders than new equity raised)

d. If net fixed assets increased by $22,000 during the <em>year, what was the addition to NWC?</em>

net capital spending = depreciation + increase in fixed assets = $14,000 + $22,000 = $36,000

cash flow from assets = cash flow to creditors + cash flow to stockholders = -$16,200 - $5,400 = -$21,600

change in net working capital = operating cash flow + cash flow from assets - net capital spending = $45,200 - $21,600 - $36,000 = $12,400

Explanation:

net income = $206,000 - $123,000 - $7,900 - $14,000 - $13,100 - $16,800 = $31,200

8 0

3 years ago

Changing the basic motivational function is a-

tresset_1 [31]

I believe that the correct answer is A.) Strategy of attitude change.

My reason being was because It says motivational function , motivation is a mental thing and so is your attitude.

I really hope that this helps you out a lot.

6 0

3 years ago

Read 2 more answers

Think of some way you can be an example as a Christian both at school and at home. Write two or three paragraphs of about 250 wo

vazorg [7]

i dont like writing super long paragraphs so here is a list
1) Comunity work
2) helping the elderly
3) obeying your parents
4) paying attention in class

8 0

3 years ago