answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jasenka [17]
2 years ago
13

Janice, age 32, earns $50,000 working in 2019. She has no other income. Her medical expenses for the year total $5,250. During t

he year, she suffers a casualty loss of $7,500 when her apartment is damaged by flood waters (part of a Federally declared disaster area). Janice contributes $10,000 to her church. On the advice of her friend, Janice is trying to decide whether to contribute $1,000 to a traditional IRA. What effect would the IRA contribution have on Janice’s itemized deductions?

Business
1 answer:
Pavel [41]2 years ago
5 0

Answer:

Please see attachment

Explanation:

Please see attachment

You might be interested in
Albert, a nursing assistant, did not violate any laws when treating a patient. However, he was suspended without pay,
Tamiku [17]

Answer: violated organizational ethics

Explanation: because that makes most sense

4 0
2 years ago
You would like to know whether silicon will float in mercury and you know that can determine this based on their densities. unfo
kogti [31]
The answer is 1000

Density formula is weight/volume, so the unit should be gram/centimeter^3. To  convert gram/centimeter^3 into kilogram/meter^3, the <span>conversion factors would be:
</span>(gram/centimeter^3) / (kilogram/meter^3)
= (gram/kilogram) /(centimeter^3/meter^3)
<span>= (gram/ 1000gram) / (centimeter^3/ 100^3 centimeter^3)
= (1/1000) / (1 / 100^3)
= 1,000,000/1000= 1,000</span>
6 0
2 years ago
Read 2 more answers
At the end of the day, the cash register's record shows $2,050, but the count of cash in the cash register is $2,058. the correc
pishuonlain [190]
The correct entry to record the cash sales is 

<span>Debit Cash $2058
       credit                   Cash Over and Short $  8
       credit                   Sales                            $2050

The cash over and short will record the amount of cash that is not recorded during the initial transaction. Almost all stores experience cash over and short daily, and usually will be taken monthly from an account set aside by the stores to cover the mistake by its employees.

</span>
8 0
2 years ago
Flora and Fauna Company estimates its doubtful accounts by aging its accounts receivable and applying percentages to various age
vladimir2022 [97]

Answer:

$6,000

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.  

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Since the Allowance for Doubtful Accounts has a credit balance of $1,200 before adjustment at December 31, 2016, the additional amount to be allowed

= $7200 - $1200

= $6000

This will be posted as

Debit Bad debt expense  $6000

Credit Allowance for doubtful debt  $6000

4 0
2 years ago
In your own words, briefly describe the benefit of each type of alert below: a. Low Balance b. Mobile Deposit c. Unusual Activit
pshichka [43]

Answer:

Explanation:

a. Low Balance: You can set up your bank account for this alert on a threshold which you want to make. This alert inform you about the low balance in your bank account when it touches to the threshold you set up that may be any amount for example 50$ or 500$ or 1000$ so that you know that you shouldn't . It facilitate you to safe from the expenses like OD etc.

b. Mobile Deposit. You always receive a text message whenever you used your smartphone to deposit the check with it. It may be act as a receipt for the check submission while using with your smartphone.It also provide you a facilitation when the check is cleared and deposit received in your bank account

c. Unusual Activity. This type of alert message received while bank detects an unusual activity which could be fraud etc.For example the transactions which are made unusual and which may not be your regular activity with your account.It could also occur when your account transaction has been made outside of your normal living etc area

2.

The most important type of alert would be the Unusual Activity as it involves the risk more that other two alerts.

5 0
2 years ago
Other questions:
  • Jeff starts writing a report for one of his classes. since the report is similar to a previous one he has written, he opens the
    9·1 answer
  • When computing the cost per equivalent unit, the weighted-average method of process costing considers: A) costs incurred during
    5·1 answer
  • A country has a net immigration rate of 3 per 1,000, a CBR of 9 per 1,000, and a CDR of 11 per 1,000. What is the growth rate of
    13·1 answer
  • Seattle Inc. identifies an investment opportunity, which will yield cash flows of $30,000 per year in Years 1 through 4, $35,000
    9·1 answer
  • A firm has $100 million in current liabilities, $200 million in total long-term liabilities, $300 million in stockholders' equit
    15·1 answer
  • A company produces 11,900 units of which 200 are spoiled units because the​ process, even though carefully and efficiently execu
    15·1 answer
  • Printing and copying costs have skyrocketed at your company, and the company will begin charging employees for all hard copies o
    8·1 answer
  • McGaha Enterprises expects earnings and dividends to grow at a rate of 28% for the next 4 years, after the growth rate in earnin
    8·1 answer
  • "analytic solver" ADC also is concerned about cash flow in years 2, 3, 4, and 5. Use Analytic Solver to estimate the distributio
    6·1 answer
  • Preston Corp. is estimating its WACC. Its target capital structure is 20 percent debt, 20 percent preferred stock, and 60 percen
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!