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Alla [95]
2 years ago
15

Sarah just completed her 1040EZ tax return form and double-checked it. Now she should _____.

Business
2 answers:
malfutka [58]2 years ago
6 0
Send to IRS by April 15
Readme [11.4K]2 years ago
3 0

Answer:

The correct answer is the option B: send it to the IRS before April 15th.

Explanation:

On the one hand, the 1040EZ tax return form was a shortened version of the  Internal Revenue Service 1040 form whose main purpose was to help taxpayers with basic tax situations to file their income taxes in a fast and easy way with the focus on avoiding exhausting situations. The form was discontinued in 2018 regarding the redesigned of the 1040 Form. Moreover, this form was <u><em>obligatorily send to the IRS before the April 15th</em></u> according to the law in that time.

On the other hand, the Internal Revenue Service is the name given to the U.S. agency that focuses in the collection of taxes and also in the enfocement of the laws regarding taxes.  

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Thao is interested in construction and architecture. She would like to become a Civil Engineer in the future.
JulsSmile [24]

Answer:

i thinks it is a,c,d,e

Explanation:

i dont think science and computer drafting have anything to do with engineering and architecture.

4 0
2 years ago
Read 2 more answers
Marion Inc. has 5,000 shares of 5%, $100 par value, noncumulative preferred stock and 20,000 shares of $1 par value common stock
statuscvo [17]

Answer:

$40,000

Explanation:

Holders of preferred stocks are given preference in terms of dividend distribution. However, the amount of dividend that they will share in the $65,000 dividends declared by the board of directors is only limited to 5% of the total par value (5,000 shares x $100 = $500,000) of preferred stocks, which in this case is only $25,000 ($500,000 x 5%). After deducting the dividends for preferred stocks, the remaining dividends of $40,000 ($65,000 - $25,000) will be distributed to holders of common stocks.

8 0
2 years ago
Krumbly Corporation uses the FIFO method in its process costing system. At the beginning of the month, Department D's work in pr
ss7ja [257]

Answer:

the total cost is $23,200

Explanation:

The computation of the total cost of the 2,000 units transferred is as follows:

= Total cost at that point + other cost

= $13,600 + (2,000 × (1 - 0.40)  × $8)

= $13,600 + 2,000 × 60% × $8

= $13,600 + $9,600

= $23,200

hence, the total cost is $23,200

6 0
2 years ago
Based on the lesson and your research, how would you fund a four-year college degree? In two to three sentences, explain your ch
LekaFEV [45]
You can fund a four-year college degree by either of the following:

1. Loans
Loans can be acquired through federal aid or private means. They must be paid back with interest when the student has graduated. They are guaranteed by the federal government.

2. Scholarships
Scholarships depends on criterias from who will sponsor it. These criterias may include financial need, merits, field of study, etc. There are those who can help students look for a scholarship that fit them like counselors, the government or its agency, community organizations, etc.

3. Work-study programs
They operate with the financial aid office of the school. However, they require the student's determination and financial needs. 
9 0
2 years ago
Read 3 more answers
Suppose Hoosiers, a specialty clothing store, rents space at a local mall for one year, paying $22,800 ($1,900/month) in advance
Tems11 [23]

Answer:

1.

                                                        Debit                       Credit

Prepaid Rent                                   $22,800

Cash                                                                                 $22,800              

2.

                                                                  Debit             Credit

Rent expense(22,800*3/12)                    $5,700

Prepaid Rent                                                                   $5,700            

3.

Prepaid rent=22,800-5,700=$17,100

Rent expense=$5,700

Explanation:

1.

On October 1, , the following journal entry will be recorded in respect of the advance rent paid by the Hoosiers for one year of rent space at local mall:

                                                        Debit                       Credit

Prepaid Rent                                   $22,800

Cash                                                                                 $22,800              

2.

The year end given in this question is December 31 and the prepaid rent is  paid for one year and since the rent is paid on October 1,  therefore, only expense in respect of 3 months i.e. from October to the December  will be recognised in this year in respect of rent expense. Remaining expense of nine months will be recognised in the next year.

The following adjusting Journal entry will be recorded in respect of rent expense in accounts on December 31.

                                                                  Debit             Credit

Rent expense(22,800*3/12)                    $5,700

Prepaid Rent                                                                   $5,700            

3. The year end adjusting balance of prepaid rent and rent expense will be calculated as

Prepaid rent=22,800-5,700=$17,100

Rent expense=$5,700

4 0
2 years ago
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