Of the Items Listed,which Would Appear Closest to the Bottom

question 30

Multiple Choice

Of the items listed,which would appear closest to the bottom of the income statement?

• A)Extraordinary items.
• B)Prior period adjustment.
• C)Income from continuing operations.
• D)Discontinued operations.

Identify the materials and structures used in Neolithic dwellings and their cultural implications.

Assess the contributions of indigenous peoples to global agriculture.

Understand the role of environmental factors and technologies in early agricultural communities.

Recognize the artifacts and materials associated with Neolithic livelihoods.

---

Definitions:

Book Value

The value of an asset according to its balance sheet account balance, taking into account the cost of the asset minus depreciation.

Bonds

Fixed-income securities that represent a loan made by an investor to a borrower, typically corporate or governmental, which pays periodic interest payments and the return of the principal at maturity.

Discount

A reduction applied to the normal selling price of goods or services, typically for the purpose of enticing customers or accelerating sales.

Journal Entry

A record in accounting that represents a transaction or adjustment affecting at least two accounts, which is necessary to keep the financial statements accurate.