Answer:
The correct choice is C)
The journal entry to record receipt of the grants funds will include: A credit to Deferred Inflow of Resources—Grant Proceeds in the amount of $450,000.
Explanation:
If a business receives a grant for acquisition of some assets, there are a couple of options to present such grant in the financial statements:
- To present it as deferred income; or
- To deduct the grant from the carrying amount of an asset acquired
Cheers!
Answer:
c
Explanation:
purchasing ships to transport goods oversees
1.) A- Carbon Dioxide
2.) D- Requiring governmental agencies to prepare environmental assessments and impact statements
I know for a fact these are correct because i just took the practice quiz.
<span> Dave Jones is a missionary salesperson. The missionary salesperson provides information to an individual who will influence the purchase decision and this is exactly what Dave is doing: he educates the customers and build goodwill for the firm and by doing so he influences the purchase decision. </span>
Answer:
1. The three types of business mentioned are – Manufacturing, Retail store and School
2. She means that whenever there is loss both Ashley’s father and aunt get tensed.
3. They sell their product on sale to increase the revenue
4. Sale is better than having no sale at all as it caters the immediate financial requirement without ant further invetsment
Explanation:
1. The three types of business mentioned are – Manufacturing, Retail store and School
2. She means that whenever there is loss both Ashley’s father and aunt get tensed.
3. They sell their product on sale to increase the revenue
4. Sale is better than having no sale at all as it caters the immediate financial requirement without ant further invetsment