Answer:
yes
Explanation:
As we know that the unearned revenue is a liability account that contains the normal credit balance also the sales revenue i.e. a revenue account contains the normal credit balance.
So if the unearned revenue is incorrectly listed as a sales revenue so still the trial balance is in the balance as both accounts have a credit balance
Therefore, the given statement is true
<u>Part 1)</u> who has the absolute advantage in car washing?
Let
x------> number of cars that Mateo can wash in 1 hour
y------> number of cars that Tyler can wash in 1 hour
we know that
x=2
y=3
so
y> x------> Tyler has the absolute advantage in car washing
therefore
<u>the answer part 1) is </u>
Tyler has the absolute advantage in car washing
<u>Part 2)</u> who has the absolute advantage in lawn mowing?
Let
x------> amount of lawn that Mateo can mow in 1 hour
y------> amount of lawn that Tyler can mow in 1 hour
we know that
x=1
y=1
so
y=x-----> neither has the absolute advantage in lawn mowing
therefore
<u>the answer part 2) is </u>
Neither has the absolute advantage in lawn mowing
An organisation or a firm is an entity comprising multiple people with a collective goal related to external business environment. An organisation responds to the structure of its industry by choosing competitive strategy. Competitive strategies involves ways of competing in an industry using measures meant to outdo other competitors.
The amount of paycheck is often called Net pay
Answer:
The correct answer is letter "A": is reported in the Other Revenues and Gains section of the income statement.
Explanation:
The Other Revenues and Gains section of the Income Statement all those income a firm earned given a period as a result of transactions that do not belong to the company's business. They are also called non-operating revenue. A typical example of a non-operating revenue is the interest earned for selling on credit.
Therefore, <em>the proceeds from a common stock investment sold at a gain will be recorded in the Other Revenues and Gains section of the Income Statement.</em>