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1 year ago

6

For the office supplies account on the worksheet, the trial balance has a debit balance of $1,200 and a $900 debit balance on th

e adjusted trial balance. What was on the adjustment column for office supplies

1 answer:

oee [108]1 year ago

7 0

Answer: 300 Credit

Explanation:

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An NOL has the potential to lower income and reduce taxes for the taxpayer

iren2701 [21]

Answer:

The correct response is "for the carryover or carryforward year".

Explanation:

NOL usually happens that whenever a taxpayer's corporate taxable income exceeds his corporation yearly revenue. The whole NOL could be utilized to back split from several other taxable incomes, which have become perhaps throughout the future, in other words, managed to carry forward.
Throughout the current environment, and there'll be revenue, NOL would be adapted and the tax burden would be whittled down either by NOL proportion.

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2 years ago

A business may decide to pay employee salaries every week, every two weeks, twice a month, or once a month.

shtirl [24]

Answer:

True.

Explanation:

A business can choose to pay their employees a salary of 1. Weekly 2. Bi-weekly 3. Bi-monthly 4. Monthly. The longer the time for each paycheck, means that you will get payed more each paycheck but less frequently.

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3 years ago

What market structure has many relatively small buyers and sellers, a standardized product, good information to both buyers and

Ganezh [65]

Answer:

Perfect Competition

Explanation:

Perfect competition is a market characterized by many buyers and sellers that have full information and faces no barrier in entry and exit of the markets. It is the ideal form of market structure where competition is at is greatest possible value. The numerous buyers and sellers are engaged in trade of a homogeneous good in the market. It is also characterized by no long run economic profit and no control over prices.

5 0

3 years ago

Read 2 more answers

If a household's income rises by 30%, its budget constraint will A) shift out parallel to the old one. B) pivot at the Y-interce

aliina [53]

Answer:

A

Explanation:

A budget constraint is a graph that shows all the combination of goods a consumer can consume given current prices and income of the consumer.

If income increases, the budget constraint will shift out parallel to the old

If income decreases, budget constraint will shift in parallel to the old one.

6 0

2 years ago

Murphy's, Inc. has 10,000 shares of stock outstanding with a par value of $1.00 per share. The market value is $8 per share. The

EleoNora [17]

Answer:

option B is correct

market price per share be after the dividend is $7.27

Explanation:

Given data

share = 10000

stock value = $1.00 per share

market value = $8 per share

capital in excess = $32,500

common stock account = $10,000

retained earnings account = $42,700

stock dividend = 10%

to find out

market price

solution

we will find here market price / share that is given here formula

Market price is = ( share × market value) ÷ ( share × 1.10)

put here all these value we get

Market price = ( 10000 × 8 ) ÷ (10000 × 1.10)

market price = 80000 ÷ 11,000

so market price = 7.27

hence option B is correct

market price per share be after the dividend is $7.27

4 0

3 years ago