Easily over <span>120000 , I do not think their are any statistic or too accurate sources to go by but it is a estimate.</span><span />
Because they are always converted to an income summary throughout the closing process, revenue and expense accounts are known as nominal accounts.
so the statement is false
Revenue Definition:
Revenue in financial accounting refers to an inflow of funds, typically from sales or services provided by commercial activity. It is also known as sales or business turnover. In other terms, revenue refers to the amount of money that a company or organization receives. For instance, certain businesses may receive income from royalties, interest, or copyright fees. While for some businesses, money may come from the services they provide to clients. Donations from groups, corporations, and people are referred to as revenue for non-profit organizations.
Operating Revenue Examples:
- Sales.
- Fees or Commission Earned.
- Service Revenues.
Expenses Definition:
A money outflow is known as an expense or expenditure in financial accounting. As an illustration, a tenant's expenses can include rent. Parents' expenses could include the cost of their children's tuition. Expenses for a business include things like electricity bills, bank fees, sales expenses, phone bills, repairs, and services.
List of expenses in accounts frequently observed when preparing financial statements:
- Cost of goods sold.
- Legal fees.
- Depreciation.
Learn more about Revenue and expense accounts here
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Credit, capacity, collateral, and capital
Answer:
Please find the complete solution in the attached file.
Explanation:
I think he felt that skin was attributable to climate and did not affect one's intelligence, character and personality so he was not a racist. While areas of the world like Latinamerica and Africa for example have many people with brown or black skin, they are every much as capable as people from more northern climates with white skin. The fact that, for example the Latin american areas had advanced civilizations like the Incas and Aztecs, the former with 1000's of kilometers of roads tying their empires together and the Aztecs with their monumental temples and both with advanced agriculture based on astronomical observations shows this is the case.
