MUST BE 6+ SENTENCES PER CLASSMATE! REPLY DIRECTLY TO THE STUDENT, STAY ON TOPIC, BE POSITIVE, AND DO NOT COMMENT ON ANY TYPE OF GRAMMAR ERRORS!!!
1) In this case I would chose family but my definition may be a bit more loose than most. I believe everyone sharing my species is family and like a village any individual action had a great effect on who we all become. From brothers to bullies and friends and foes every encounter became a lesson shaping my mindset as I progressed through life.
With that being said my friends were definitely the most impactful by far. The things we liked to do together became the things I do now. Even now in the new friendships that I make I gain perspective and I change just a little bit every time
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2) Cash basis. Revenue is recorded when cash is received from customers, and expenses are recorded when cash is paid to suppliers and employees.
Accrual basis. Revenue is recorded when earned and expenses are recorded when consumed.
Both income statements for December and August are calculated by figuring the net income which is by subtracting revenues and expenses. Thus, paying ahead will leave a balance of 1550 per month in rent which was paid in advance.
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