Answer:
$9,379
Explanation:
using the 2020 tax brackets:
the Comer's gross income = $68,000 + $33,000 + $1,500 = $102,500
taxable income = $102,500 - $24,800 (standard deduction for married couples) = $77,700
taxes owed = $1,975 + [12% x ($77,700 - $19,750)] = $8,929
capital gains = $13,000 - $10,000 = $3,000 x 15% capital gains tax rate = $450
total tax liability = $8,929 + $450 = $9,379
Answer:
B. Credit to sales revenue
Explanation:
As per revenue recognition principle, revenue should be recognized when it is earned and not when cash is received.
As per accrual basis of accounting, revenue is to be recognized when the ownership of the goods has been passed by the seller to the buyer and there is reasonable assurance that payment would be received.
When a sale is effected and goods are delivered with reasonable certainty that payment would be received, following journal entry is recorded:
Accounts Receivable A/C Dr.
To Sales Revenue
(Being equipment sold recorded)
Answer:
"A, B, C = denotes column headers"
"sheet 1, sheet 2, sheet 3 = denotes worksheets"
"1, 2, 3 = denotes row numbers"
"C5 = denotes cell addresses"
Explanation:
For Microsoft Excel and Google spreadsheets for example,
Headers for columns can be numbered alphabetically, and this is why they are called ' A, B, C.' Worksheets can be labelled with numbers,
For example worksheets for Microsoft Excel that mark "Sheet 1, Box 2, Box 3."
Column numbers are followed one by one and in the following order, so the column numbers apply to "1, 2, 3."
The cell addresses are the correspondence of letters and numbers in a table that specifies a certain cell address, for example "C5."
A. putting up what needs to be done until later
Answer:
a. employers are prohibited from retaliating against individuals who file discrimination charges
