Questions

The single-step income statement emphasizes

1. total revenues and total expenses.

2. Revenues

3. Expenses

4. Net income

The primary advantage of the single step fromat lies in its simple presentation and the absence of any implication that one type of revenue or expense item has priority over another.

The largest proportion of federal revenues comes from personal income taxes. Almost half of all federal revenue (47 percent) comes from individual income taxes.

China's amphibian aircraft, which is stated to be the world's largest, has successfully passed engine tests and is expected to make its maiden flight in the first half of the year 2017.

The Indian Space Research Organization (ISRO) has signed a memorandum of understanding with Bharat Heavy Electricals Limited (BHEL) to help develop low-cost lithium-ion batteries for electric vehicles.

7th may is considered as world's Asthma day .This worked with the theme of "you can controll your asthma"