A revenue expenditure is recorded in an expense account
Indicate whether the statement is true or false.
TRUE
Business
You might also like to view...
Bush Company reported net income of $60,000 for the year. During the year, accounts receivable decreased by $8,000; accounts payable increased by $4,000 and depreciation expense of $5,000 was recorded. Net cash provided by operating activities for the year is
A. $55,000 B. $59,000 C. $77,000 D. $48,000
Business
Which of the following type of program can help reduce workers' compensation claims?
A) COBRA coverage B) wellness C) workplace safety D) employee assistance
Business