Which thing most important in our life ?

Catherine sat down will all of her income details from the past year to calculate the total income she had in that period. after she created a consolidated income statement, she deducted some tax-exempt income details from the statement. what term would catherine use for this final income calculation?

About 300 billion dollars in taxes is lost in the united states alone due to an underground economy, which involves paying individuals cash rather than having them on the official payroll. a. true b. false

The following legal claims exist for m. finger co. identify the accounting treatment for each claim as either (a) a liability that is recorded or (b) an item described in notes to its financial statements. 1. m. finger (defendant) estimates that a pending lawsuit could result in damages of $1,250,000; it is reasonably possible that the plaintiff will win the case. an item described in notes to its financial statements. a liability that is recorded. 2. m. finger faces a probable loss on a pending lawsuit; the amount is not reasonably estimable. a liability that is recorded. an item described in notes to its financial statements. 3. m. finger estimates damages in a case at $3,500,000 with a high probability of losing the case. an item described in notes to its financial statements. a liability that is recorded. the amount that m. finger co. should record in its accounting records related to these suits is: