Answer:
Ayayai Corp.
Statement of Comprehensive Income
For the Year Ended xxx, 202x
Net income $187,500
Other comprehensive income:
<u>Unrealized gain on AFS securities $85,000</u>
Comprehensive income $272,500
Explanation:
In order to prepare a statement of comprehensive income we first need to determine net income after taxes = $250,000 x (1 - 25%) = $187,500
Unrealized gains or losses are not taxed until they are actually realized (either make profit or lose money).
Since Summer Leasing received funds in advance, they should record the transaction as Debit Cash for the $11,400 and credit Unearned Revenue. Though they received the cash it is technically unearned revenue because they have not provided the service just yet to earn the money. Once the rent has been used, the money will leave unearned revenue and move to revenue.
Answer: • Aggregate demand increased after 2009.
• Aggregate demand increased between 2010 and 2011.
• The economy experienced a sharp drop in growth between 2008 and 2009.
Explanation:
Answer:
1st may of 2020, lol let not....
Answer:
why do people feel more compelled to work with a leader who demonstrates responsibility?
People feel more compelled to work with a leader who demonstrate responsibility because such leader leads by example as a matter of fact most people are always ready to work without being forced to as a result of act of willingness displayed by such leader
Explanation:
