Answer:
A) $14,000.
Explanation:
In the profit or loss statement, the key elements are sales and expenses and the net of these two gives the net income.
Given
Service Revenue = $40,000,
Wages Expense = $25,000
Net Income = $1,000
Total expense = $40,000 - $1,000 = $39,000
The total expense is made of the wage expense and other expenses.
Therefore, other expenses = $39,000 - $25,000
= $14,000
Answer:
is a level stream of equal payments through time.
true. The payments will remain at the same levle for the entire period of the annuity until maturity.
Explanation:
is a debt instrument that pays no interest.
FALSE the annuity does provide interest for each period when is prepared.
Has no value.
FALSE the annuity can be saled in the secondary market pretty much anitime.
is a stream of payments that varies with current market interest.
FALSE the payment will be the same regardless of the interest rate.
I believe your answer would be D.) A female accountant with a Master's degree in Business Administration.
.. And also, Why did u send me a friend request?
Answer:
$109,700
Explanation:
Pharoah Company Outstanding checks on bank reconciliation:
Formula for Outstanding checks on bank reconciliation will be:
Outstanding checks on bank reconciliation = Total checks outstanding+Checks issued during month -checks cleared during the month
Hence,
= $42,200+$263,900-$196,400
= $109,700
Therefore the amount of outstanding checks on Pharoah Company's bank reconciliation should be $109,700
Answer:
Raise the income tax, which gives citizens less money to spend, and buy more services from civilian - owned businesses, which creates more jobs.
Explanation:
To prevent inflation, Lilliput's government should raise the income tax, which gives citizens less money to spend and buys more services from a civilian-owned business, which creates more jobs.
In this way, it can increase employment and reduce consumer spending which in turn will prevent inflation.
