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Suppose Head Start proponents could show that it saves $2000 per child in reduced need for special education, $3000 per child in reduced need for children to repeat first or second grade, but that these benefits accrue two to three years after program participation. Suppose there are no other benefits and that the program costs $4000 per child. With this data, you
Adjusting Entry
A journal entry made in accounting records at the end of an accounting period to allocate income and expenses to the period in which they actually occurred.
Fees Earned
Income received from providing services, a form of revenue for professionals and businesses engaged in service activities.
Interest Income
Revenue earned from the investment of funds in interest-bearing accounts or securities, such as bonds or savings accounts.
Rent Expense
An expense account recording the cost incurred by a business to rent facilities or equipment.
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