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.

- Send the box with the lock to Alex. 

- Alex can't open it, but can put another lock on the box. 

- Alex sends this box with the 2 locks back to you, you unlock your lock and send it back to Alex again.

- So there is just Alex's lock on the box and Alex can now open it.

The 112-feet tall bust of ‘Adiyogi’ Lord Shiva at the Isha Yoga Foundation has been declared the world’s largest bust by the Guinness Book of World Records. The Guinness had announced this on its website. The bust at the Isha Yoga Foundation on the outskirts of Coimbatore, Tamil Nadu was unveiled by Prime Minister Narendra Modi on 24 February.

Michael Faraday invented Electric Generator in 1831.

• The operating principle of electromagnetic generators was discovered in the years of 1831–1832 by Michael Faraday.

• The principle later called Faraday's law, is that an electromotive force is generated in an electrical conductor which encircles a varying magnetic flux.

The organ which filters blood in human body are kidneys.