Which of the following items appear on more than one financial statement?
A. Ending Cash and ending Retained Earnings
B. Sales Revenue and ending Retained Earnings
C. Ending Cash and beginning Retained Earnings
D. Beginning Cash and Sales Revenue
Answer: A
You might also like to view...
The more similar two competitors are from a customer perspective, the more likely customers are to switch from one to the other
Indicate whether the statement is true or false
How can the visual impact of a televised press conference be enhanced?
What will be an ideal response?
Delour Inc. was incorporated in 2013 and adopted a calendar year. Here is a schedule of Delour's net Section 1231 gains and (losses) reported on its tax returns through 2018. 201320142015201620172018$(4,900)$-0-$-0-$-0-$(12,000)$-0-In 2019, Delour recognized a $50,000 gain on the sale of business land. How is this gain characterized on Delour's tax return?
A. $50,000 ordinary gain. B. $50,000 Section 1231 gain. C. $16,900 ordinary gain and $33,100 Section 1231 gain. D. $12,000 ordinary gain and $38,000 Section 1231 gain.
Which of the following is not a reason why ethics is central to leadership?
A. the process of influence B. the impact leaders have on establishing the organization's values C. the need to engage followers to accomplish mutual goals D. the existence of bottom-up communication