<span>Because customers often participate directly when it comes to the service process, the success of any technological innovation is highly dependent on customer acceptance. This means that if the customers don't like the product or something about it, a technological innovation will not find a place in the main stream and will be unable to succeed.</span>
Answer:
The answer is $ 200,000
Explanation:
The net income reported by Goodman Auto for the year was,$475,000 - $275,000 = $ 200,000.
The net income is difference between revenue earned by the company and expenses incurred in order to earn this revenue. In the problem goodman auto revenue is equal to 475,000 and expense are 275,000. So the difference between 475,000 and 275,000 will be reported as net income.
A.the income is 2963829
B) Jordan p Walter
C)n/a
D) last 2 year
E) yes
Answer:
D. Revenues will be debited, expenses will be credited, and retained earnings will be credited.
Explanation:
It is provided that, revenues are much more than expenses, therefore the net difference of revenues and expenses will be transferred to retained earnings.
Retained earnings balance will increase as the net income is more.
Therefore, retained earnings will be credited.
further to reverse and close the entire revenues and expenses account it will be reversed, that is
Revenues will be debited and expenses will be credited.
Therefore, correct answer is
D. Revenues will be debited, expenses will be credited, and retained earnings will be credited.
