Answer:
why just 5 points? :( but thanks for the 5points atleast
Explanation:
Answer:
a. Taxpayers in the scenario:
There are three (3) taxpayers and these are:
- Mr. Josh Kenny
- JK Services
- JK Realty
b. Governments with jurisdiction:
- Mr. Josh Kenny falls under the State of Vermont where he is a resident.
- JK Services falls under the State of Vermont where it is incorporated and operates.
- JK Realty falls under the City of Boston where it is operates.
Answer:
Single agent for the owner
Explanation:
In real estate, broker could play two roles:
- As a single agent
- or as a transaction broker
If the broker play as the transaction broker, that broker will mediate that transaction in a way that mutually beneficial for the seller and the buyer.
But, single agent only represent one side of the party. (either the buyer alone or the sellers alone). Single agent will handle the transaction to benefit only the party it represented.
"Owner broker" means that the broker only represents the Seller. This broker will try to make the price of the property as high as possible for the seller's benefit.
Radiologists have been dictating their patient reports over the years and transcriptionists used to figure out what they are saying. As the healthcare system progresses, technology like EHRs and speech recognition are turning difficulties during the transcription phase into serious challenges. As still many radiologists are dictating and self-editing their reports, there is still significant transcription activity.
Answer:
The adjusting entry that should be recorded at the end of the accounting period:
Debit Unearned revenue $500
Credit Revenue $500
Explanation:
Following the Accrual accounting - an accounting method that revenue or expenses are recorded when a transaction occurs rather than when payment is received or made.
Bobcat Boards and Skis received $800 in advance for future services to be performed. At the end of the month, $300 worth of services were still owed to the customer.
The value of services were performed = $800 - $300 = $500.
The adjusting entry:
Debit Unearned revenue $500
Credit Revenue $500
