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Mademuasel [1]
3 years ago
8

Andrea is an accountant who lives in the state of Texas. Which tax is she not responsible to pay?.

Business
1 answer:
vladimir1956 [14]3 years ago
7 0

In the states of texas, Andrea is not responsible to pay the inheritance tax as there are no applicability of inheritance tax in texas.

What do you mean by tax?

Tax is an obligatory payment made by the citizens or corporations to the government. These taxes are the major sources of revenue for the government.

As Andrea works as an accountant and lives in Texas, she is exempt from paying the inheritance taxes as this tax is repealed by the state.

Thus, Andrea is not responsible to pay inheritance tax.

Learn more about Tax here:

brainly.com/question/16423331

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Lyon need a different job I think. Cause that what’s 20thousa d less then what my mothers in law makes?
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Imagine working at the Trading Desk at the New York Fed. Explain whether you would conduct open market purchases or sales in res
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b. In this case, its goes for open market purchase operation. This is because an increase in the differential between the discount rate and federal funds rate would encourage the depositary institutions to borrow money from Fed, thereby increasing the supply of money

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When Smartsheet, a producer of software, delayed the introduction of its new app to modify the package, its scheduled TV adverti
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A change in the  product variable caused changes in the promotion variable of the marketing mix.

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3 0
2 years ago
Which of the following costs is an example of a Selling &amp; Administrative (S&amp;A) cost rather than a product cost? Group of
irakobra [83]

Answer:

The answer is B.

Explanation:

Option B. Wages of sales person are the example of a Selling and Administrative cost. Other examples are rents, distribution cost etc.

Option C is wrong. Wages of production machine operators is a direct wage. It will form part of cost of sales.

Option D is wrong. Insurance on factory equipment cannot be attributable to selling cost.

4 0
3 years ago
On January 1, Year 1, the Accounts Receivable balance was $30,600 and the balance in the Allowance for Doubtful Accounts was $3,
Radda [10]

Answer:

The net realizable value of the accounts receivable immediately after the writing-off the uncollectible is $26,900

Explanation:

The formula to compute the net realizable value of accounts receivable is:

Net realizable value = Balance of accounts receivable - Balance in the Allowance for Doubtful Accounts

                                 = $30,600 - $3,700

                                 = $26,900

The amount of uncollectible which is written off will not be deducted from the balance of accounts receivable as this amount is already included in Allowance for doubtful account.

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