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Answer:
A. Trading account
Explanation:
A trading account is usually prepared at the last accounting day. It shows the outcome of the entire business dealings within the financial year. The trading account reveals the gross profit or loss incurred by the entrepreneur. Gross loss is incurred when the cost of goods sold is higher than the returns from sales. The debit side of the trading account shows all the expenses and purchases made while the credit side of the trading account shows the net sales and the worth of the remaining stock at the end of the accounting year.
Salary, which is a direct expense is recorded on the debit side of the trading account. The gross profit or loss obtained from the trading account is moved to the profit and loss account.
Answer:
Summary
Explanation:
While animals cannot predict the weather many have their ways to sense when the weather is changing and how to keep themselves out of danger. One example ot this is how sharke will swim into deeper waters to avoid the hard currents. They may not know that a hurricane is coming but they know that the currents are stronger and they want to get away from that pull. Many animals have learned how to survive on their instinct. Worms will come out of the ground when it rains so they do not drown in their holes. Birds have learned that they can make the same sound when hitting thie beaks against the ground. This makes the worm think that it is raining and the bird now has its next meal.
