We can observe only a portion of the entire universe. Because the universe is only about 14 billion years old, light has only had about 14 billion years to travel through it. Therefore, the most distant regions of the universe we can see are about 14 billion light-years away. This is the extent of the observable universe, but the entire universe is probably much larger.
According to the Internal Revenue Service, any interest you receive, or that is credited to an account and is available for withdrawal, is taxable in the year you receive it. This money is included in your annual income when you file your taxes, making the tax rate on interest equal to your normal income tax rate.
Accounts receivables and accrued receivables are different types of customer debts that an accountant enters onto a company's income statement or balance sheet. An accountant records all receivables as assets when documenting a companyâs revenues during a specific accounting period, such as a month, quarter or year.xamples. A company designs a print advertisement for a customer and sends an invoice indicating the customer owes $600 for the services provided. The outstanding amount due, $600, is an accounts receivable. The same company earns a $2,000 commission selling advertising space for a client in the month of March.