Match each qualitative characteristic to one of the following statements.
(a) choose the qualitative characteristic accounting information should provide accurate expectations about future events.
(b) choose the qualitative characteristic accounting information cannot be selected, prepared, or presented to favor one set of interested users over another.
(c) choose the qualitative characteristic the quality of information that occurs when independent observers, using the same methods, obtain similar results.
(d) choose the qualitative characteristic accounting information must be available to decision-makers before it loses its capacity to influence their decisions.

Based on the supply and demand theory, why do medical doctors earn higher wages than child-care workers?

The role of the credit department includes: a. evaluating customers' credit applications to determine whether they meet the company's approval standards. b. approving all credit applications in order to avoid losing sales. c. collecting cash from customers. d. following unwritten approval standards for processing customers' credit applications.

On june 1, 2017, blossom company was started with an initial investment in the company of $22,360 cash. here are the assets, liabilities, and common stock of the company at june 30, 2017, and the revenues and expenses for the month of june, its first month of operations: cash $4,960 notes payable $12,720 accounts receivable 4,340 accounts payable 840 service revenue 7,860 supplies expense 1,100 supplies 2,300 maintenance and repairs expense 700 advertising expense 400 utilities expense 200 equipment 26,360 salaries and wages expense 1,760 common stock 22,360 in june, the company issued no additional stock but paid dividends of $1,660. prepare an income statement for the month of june.