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Which has been a trend since the 20th century A progressive increases in earnings for the middle class B growing levels of government spending C less government spending on entitlement programs?
Wiki User
∙ 8y ago
growing levels of government spending
Wiki User
∙ 8y ago
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Net income that is not paid to shareholders as dividends increases?
Retained Earnings
Will a net income of 95000 increase or decrease retained earnings?
Since increases in retained earnings mostly come from income accumulation, a net income of $95,000 will increase retained earnings.
Can you debit asset and credit Retained earnings?
Assets are increased with a debit and decreased by a credit. Retained earnings is a credit, as they are an owners equity account and increase with credit.Retained earnings is what a company has after all expenses and dividends (if applicable) are paid. Retained earnings is shown on the Statement of Retained Earnings and is a credit which increases OE.
What increases retained earnings balance sheet?
more revenue or less expense or a combinatio of both
What is it called when the government sets a price on earnings?
Minimum wage.
How does age impact income?
Age affects earnings significantly. Most individuals earn little before the age of eighteen. Earnings tend to increase as workers gain experience and their productivity increases.
Are retained earning increased by net income?
Yes retained earnings are part of net income so in nex fiscal year when more net income arrives it increases the retained earnings as well.
How does rendering of services on account affect the accounting equation?
Rendering services on account increases accounts receivable, as well as equity (retained earnings) For example, a company has provided cleaning services for an amount of $200; the customer is allowed a three week credit assets = liabilities + equity accounts receivable (assets): increases with +200 retained earnings (equity): increases with + 200 +200 = +200
an amount of money paid to the government based on a person's earnings?
income tax
If the retained earnings account increases from the beginning of the year to the end of the year what will happen next?
Net income is greater than dividends
What is a cook chefs earnings?
a cook's earning can be any where between RS. 20000 to 1.5 lakhs. a rookie gets RS. 15000 in job training . as the experience increases the pay increases .SKY IS THE LIMIT.
Why is it during analyzing the transaction revenues and expenses are recorded as increases and decreases to retained earnings?
At your reporting ending period, you will take your net income/loss (Income minus expense) and add/decrease your retained earnings. This is a closing journal entry.
