<span> the next step in the accounting cycle is Temporary
After a company completed all the financial statements, that company is required to clear out all of the accounts so they could be used on next period of accounting.To write the accounts off, they need to create some sort of temporary account so the transaction could be balanced in both credit and debit sides</span>
Answer:
Total Research Spending = $20,000 + $10,000 = $30,000
Amortization Rate = 1/5years = 20%
Expense in Year 1, 2 and 3 = $30,000 X 20% = $6,000 Each year
Explanation:
Answer and Explanation:
Adjusted gross income abbreviated AGI is the tax payers gross income minus deductions used in arriving at taxable income(AGI less allowable deductions)
Please find attached calculations for gross income and AGI for the couple
Answer:
The cost 3 is 890000 dollars.
Explanation:
Total product costs = $2100000
Variable cost included in total product costs = $450000
Fixed cost included in total costs = $900,000
Mixed costs = $750000
cost 3 (mixed cost) = 2390000 – 600000 - 900000
cost 3 (mixed cost) = 890000 dollars.
Answer:
The correct answer is option B. Posting files to a web-based shared site.
Explanation:
One of the biggest hurdle in collaborating is that the data is not shared efficiently. Both parties are not on the same page due to which they are unable to communicate and coordinate their productivity strategies effectively.
In order to keep both parties on the same page and updated, all the data files must be shared on an online web page from which they can view and hence stay updated.
It will give rise to healthy exchange of ideas and productive strategies.