Each year, White Mountain Enterprises (WME) prepares a reconciliation schedule that compares its income statement with its statement of cash flows on both the direct and indirect method bases. In its 2018 income statement, WME reported $695,000 for service revenue from membership fees. WME received $681,000 cash in advance from members during 2018. In its reconciliation schedule, WME should: Multiple Choice Show a $14,000 negative adjustment to net income under the indirect method for the increase in deferred revenue.

Show a $14,000 negative adjustment to net income under the indirect method for the decrease in deferred revenue

Explanation:

Data provided in the question

Service revenue reported = $695,000

Cash received in advance from members = $681,000

By considering the above information we can concluded that

= Service revenue reported - cash received in advance from members

= $695,000 - $681,000

= $14,000

This $14,000 represent the negative adjustment in the net income as per the indirect method which results into decrease in deferred revenue

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answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.