Answer:
<u>Riverbed Company</u>
<u>Income statement for the year July 31, 2022</u>
Service revenue 61,900
<u>Add Other Incomes</u>
Rent revenue 8,500
70,400
<u>Less Expenses</u>
Salaries and wages expense 52,000
Utilities expense 22,600
Depreciation expense 3,500 (78,100)
Net Income / Loss (7,700)
Explanation:
In the Income Statement, we record Revenues and Incomes only. This Statement is used to calculate the Profit earned during the Reporting Period.
Advertising is when you present something and people like it sale means to give things away
Answer:
<u><em>Local Income Taxes. </em></u>This taxes are used to fund city programs and community improvement.
If Burberry mills sold stock to an insurance company to raise needed financing for expansion and new product development, then he is making a private placement. It is the method of raising funds or capital by selling securities, bonds or stocks directly to any private investor instead of being a part of public offering. These private investors are typically insurance companies, mutual funds, pension funds and large banks. This placement is not needed to be registered with the SEC or the Securities and Exchange Commission since it is being offered only to selected individuals. Also, a detailed financial statements are not needed to be disclosed.
Answer:
Planning
Explanation:
Project planning refers to all you do to set up a successful project. It's the process you're going through to set the steps needed to define your project goals, clarify the scope of what needs to be done and develop the task list to do that.