Answer:
C. Corporate social initiative
Explanation:
Corporate Social initiatives are the part of company's corporate social responsibility (CSR) where the companies take philanthropic measures that help the local communities and environment to deal with the social causes. Here in the scenario, the owners of Boccardi's Ristorante helped the storm victims by providing them the facilities of food and other basic necessities, this term is called corporate social initiative which is in lined with the CSR Policy of most of the companies.
Answer and Explanation:
The journal entries are shown below:
On Aug 1
Inventory Dr $850
To Accounts payable $850
(Being inventory purchased on account)
On Aug 8
Cash Dr $125
To Advance deposit a/c $125
(Being cash receipts is recorded)
On Aug 20
Accounts Receivable Dr $1250
To Rental Revenue $1250
(Being revenue is recorded)
On Aug 31
Utility expense Dr $180
To Cash $180
(Being cash paid is recorded)
On Aug 31
Cash Dr $600
To Accounts Receivable a/c $600
(Being cash received is recorded)
Mac and June, who file as married filing jointly with a modified AGI of $430,000 and a tax liability of $20,000.
Option D
Explanation:
For every eligible minor child under the age of 17 at the end of the tax year, the Child Tax Credit is granted to US taxpayers. In December 2017, the recent tax legislation doubled the loan to 2,000 dollars per child, making much of it reimbursable. 1 It was a non-refundable bonus of $1,000 previously.
If the taxpayer is filing jointly then the claim of child tax credit will be up to the tax liability. Thus, Mac and June has tax liability of $20,000 and the maximum limit of child credit is $2,000. Thus, they can claim full $2,000 claim and reduce their liability to $18,000.
Because it does not contain any convenience stores, Katy Mills Mall is an example of a(n) _____ shopping center.
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A regional shopping center is a large shopping area which is meant to provide goods and services to people living in a particular area or state and must contain at least a departmental store, and any number of speciality stores.
According to the given question, we are told that Katy Mills Mall has two department stores which are specialty stores, a movie theater and various restaurants.
However, because this shopping center does not contain any convenience stores, then it is a regional shopping center
Therefore, the correct answer is Regional
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