If your business operates in more than one state or in a large area, it's a good idea to register the trademark with <span>USPTO.</span>
The descriptions to cases that will possibility be addressed by a Trial Balance are:
- can detect the accuracy of the accounting process(possible)
- can help check whether the debit side is equal to the credit side(possible)
- can help prepare the income statement(possible)
- helps serve as a proof of the application of the double-entry system(not possible)
- can help check whether a particular transaction has been completely omitted(not possible)
<h3>What is trial balance?</h3>
A trial balance can be regarded as bookkeeping worksheet which contains the ledger that is arranged into debit and credit account column .
Therefore, with trial balance, one can check whether the debit side is equal to the credit side.
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Answer:
b. do not require customers to enter the service factory.
Explanation:
Possession processing involves tangible services provided on property belonging to a customer. It involves activities like lawn mowing, cleaning services. The property that is recoevong the action must be present but the customer does not need to be.
In people processing on the other hand, the customer is present and services provided are intangible, knowledge based, and customised to each client. For example retail banking services.
Answer:
The required rate of return for the project will be 13.087%
Explanation:
To calculate the required rate of return for the project, we must first calculate the required rate of return for the firm's equity. The required rate of return can be calculated using the CAPM or Capital Asset Pricing Model equation. The formula for required rate of return (r) under this model is,
r = rRf + Beta * rpM
Where,
- rRF is the risk free rate
- rpM is the risk premium on market
r = 0.027 + 1.23 * 0.069
r = 0.11187 or 11.187%
The discount rate that is usually used for an all equity firm is its required rate of return. Thus, the required rate of return for the project will be,
r = 0.11187 + 0.019
r = 0.13087 or 13.087%
Answer:
$ 48,000
$3,200
Explanation:
Since C corporations are separate taxable entities, Cassowary Corporation will report the operating income and tax-exempt income. An S corporation is a tax reporting entity. Therefore, Barbara will report ordinary business income of $ 48,000 and tax-exempt $ 3,200.
Reason -
Business income = 120,000×40%
= 
= $48,000
⇒Business income = $48,000
Tax-exempt = 8,000×40%
= 
= $3,200
⇒Tax-exempt = $3,200
