Calm.com. 70 of the Most Useful Websites on the Internet. Search. Single-Step Income Statement. B. Expenses and Losses 1. Expenses involved in primary activities are expenses that are incurred in order to earn normal operating revenues. Under the accrual basis of accounting sales commissions expense should appear on the income statement in the same period that the related sales are reported, regardless of when the commission is actually paid.
In the same way, the cost of goods sold is matched with the related sales on the income statement, regardless of when the supplier of the merchandise is paid. Costs used up (or expiring) in the accounting period shown in the heading of the income statement are also considered to be expenses of that period. The above examples reflect the matching principle and show that under the accrual basis of accounting, expenses on the income statement are likely to be reported at different times than the cash expenditures/disbursements.
Cash payments do not always mean that an expense has occurred. Here's a Tip 2. 3. Additional Considerations Then vs.
Shopping. 25 Killer Websites that Make You Cleverer. It’s easy to forget that we have access to a virtually limitless resource of information, i.e. the Internet. For a lot of us, this is even true at our fingertips, thanks to the ubiquity of smartphones and an ever-increasing push for online greatness by tech engineers all over the world.
As a result, there are countless websites out there that are geared to make you smarter and more brilliant for either a low or no cost. Here are just 25 killer websites that may just make you more clever than ever before. 1. Duolingo This isn’t the first time I’ve recommended this language-teaching website (and app), and it certainly won’t be the last. Duolingo is a free version of Rosetta-Stone that delivers the same results: teaching you another language. 2.
Have you ever wanted to pick up a subject you’re not well-versed in, but you didn’t have the money to invest in a college course? 3. 4. Founded by Michael Chu, Cooking for Engineers goes further than just providing recipes. 5. 6. 7. 8. 9. 10. 11. Information Is Beautiful. Slaughterhouse Five Questions flashcards. GeographyIQ - World Atlas - Home Page. E grammatica | Grammatica Duits.