Depreciation expense is found on the ________ and accumulated depreciation is found on the ________

A) income statement; income statement.
B) balance sheet; income statement.
C) income statement; balance sheet.
D) balance sheet; balance sheet.

C

Business

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A sole proprietor has generated $100,000 in profits. Assume she pays $20,000 in taxes on these profits and keeps the rest for herself. She then must pay income taxes on $80,000

a. true b. false

Business

One of the major sources of channel conflict is goal divergence

Indicate whether the statement is true or false

Business