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Arlecino [84]
3 years ago
5

Identify which items belong on the income statement. multiple choice Accounts receivable, net income, and dividends Revenue, exp

enses and net income Cash, accounts receivable, and common stock Dividends, beginning retained earnings, ending retained earnings
Business
1 answer:
sesenic [268]3 years ago
7 0

Items that belong in the income statement include:

  • Revenue, expenses and net income

<h3>The Income Statement </h3>
  • Is used to calculate the total income earned by a company in a given period.
  • Lists the revenue and expenses.

The net income will then be calculated by deducting the expenses from the revenue.

In conclusion, the income statement shows revenue, expenses, and income.

Find out more about the income statement at brainly.com/question/14818051.

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strayer partnered with top employers, business leaders, and recruiters to identify ________ that are critical to performing your
gregori [183]

In the business environment, partnering with top employers, business leaders, and recruiters to identify skills that are critical to performing your best, across all industries is a relevant strategic advantage.

Through the knowledge and experience of great leaders and recruiters, a new organization is able to identify the skills needed for its employees to achieve the best performance.

Some of these skills might be:

  • Communication skills.

  • Good interpersonal relationship.

  • Creativity.

  • Proactivity.

The employee's skills will be essential for the formation of an organizational culture, which should be focused on cooperation, ethics, respect and employee appreciation, in order to achieve greater motivation and productivity.

Learn more here:

brainly.com/question/13996722

8 0
3 years ago
At December 31, 2017, Windsor Corporation had a projected benefit obligation of $819,000, plan assets of $437,000, and prior ser
bogdanovich [222]

Answer:

$382,000

Explanation:

Calculation to Determine the pension asset/liability at December 31, 2017

Using this formula

Pension asset/liability =Projected benefit obligation - Plan assets

Let plug in the formula

Pension asset/liability=$819,000 - $437,000

Pension asset/liability=$382,000

Therefore the Pension asset/liability at December 31, 2017 will be $382,000

3 0
3 years ago
A customer makes a $1,500 purchase at ApplianceWorld, paying with a credit card. ApplianceWorld is charged a 2% fee by the credi
DedPeter [7]

Answer:

Debit Cash $1,470

Debit  Expense - Credit card fee $30

Credit  Sales revenue - $1,500

Explanation:

The sales revenue for Appliance world will be $1,500 as this is the gross sale made at point of sale.

  • Since, this sale is made via credit card, the credit card fee will be <u>deducted</u> from the sales revenue,
  • Difference will be <u>cash received</u> after deducting the credit card fee from sales revenue.

The fee charged by credit card company is the <u>expense</u> for ApplianceWorld:

The fee would be charged at the purchase made by the customer i.e. $1,500×2% = $30

The cash that would be recovered to ApplianceWolrd will be $1,500 - $30 =  $1,470 (net of the credit card fee).

<u>Journal entry</u>

Debit (increase) Cash $1,470

Debit (increase) Expense - Credit card fee $30

Credit (increase) sales revenue - $1,500

3 0
4 years ago
Today, hector is 22 years old than his sister. in five years, he will be 3 times as
san4es73 [151]
In five years his sister will be nine and he will be twenty-seven. currently, she is four. I'm not sure if this is the answer to your question as you did not finish writing it?
7 0
3 years ago
The process of benchmarking against an organization’s established norm, which may be based on best practice, state or national s
Alex

Answer:

The correct answer is A.  a PI project may be appropiate.

Explanation:

Benchmarking is a continuous and systematic process that makes a comparative evaluation of products or services in organizations that show best practices in a given area, with the aim of transferring knowledge of best practices and their application.

Benchmarking should not be confused with espionage or competition, so the concepts of best practices and area of interest should be very clear. In this sense, for the organization it becomes an appropriate process, since it allows you to know to what extent it may be convenient to consider the actions against the established norm.

8 0
3 years ago
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