subject
Business, 12.02.2020 00:40 lorenaandreahjimenez

Rushmore Company provided services for $45,000 cash during Year 1. Rushmore incurred $36,000 expenses on account during Year 1, and by the end of the year, $9,000 of that amount had been paid with cash. Assuming that these are the only accounting events that affected Rushmore during Year 1 Multiple Choice The amount of net cash flow from operating activities shown on the statement of cash flows is $ The amount of net loss shown on the income statement is $9,000. The amount of net income shown on the income statement is $9,000 The amount of net income shown on the income statement is $27000

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 17:00
Which basic economic questions deals with the issue of how the incomeof people in various occupations is determined
Answers: 1
question
Business, 22.06.2019 19:40
Banana computers has decided to procure processing chips required for its laptops from external suppliers instead of manufacturing them in their own facilities. how will this decision affect the firm? a. the firm will be protected against the principal-agent problem. b. the firm's administrative costs will be low because of necessary bureaucracy. c. the firm will have more flexibility in purchasing and comparing prices of goods and services. d. the firm will have high-powered incentives, such as hourly wages and salaries.
Answers: 3
question
Business, 22.06.2019 20:30
Before the tools that have come from computational psychiatry are ready to be used in everyday practice by psychiatrics, what is needed
Answers: 1
question
Business, 22.06.2019 21:30
The year-end financial statements of calloway company contained the following elements and corresponding amounts: assets = $34,000; liabilities = ? ; common stock = $6,400; revenue = $13,800; dividends = $1,450; beginning retained earnings = $4,450; ending retained earnings = $8,400. based on this information, the amount of expenses on calloway's income statement was
Answers: 1
You know the right answer?
Rushmore Company provided services for $45,000 cash during Year 1. Rushmore incurred $36,000 expense...
Questions
question
History, 18.12.2020 01:00
question
History, 18.12.2020 01:00
question
Arts, 18.12.2020 01:00
question
Mathematics, 18.12.2020 01:00
question
Mathematics, 18.12.2020 01:00
question
Mathematics, 18.12.2020 01:00
Questions on the website: 13722367