The correct alternative regarding tax revenue:
<u>B-Personal income tax is currently the largest source of government revenue in South Africa.</u>
<u>Direct </u><u>Taxes</u>
- it is levied on earnings and activities conducted.
- the burden of tax cannot be shifted in case of direct tax.
- it is paid directly by individual concerned.
- it is paid after the income reaches in the hands of the taxpayer
- Tax collection is difficult.
- instance income tax, wealth tax etc.
<u>Indirect </u><u>Taxes</u>
- it is levied on product or services.
- the burden of tax shifted for indirect taxes
- It is paid by way of one man or woman however he recovers the same from another person i.e. person who actually bear the tax ultimate consumer.
- it is paid before goods/service reaches the taxpayer.
- Tax collection is exceptionally easier
- Example GST, excise duty custom duty sale tax carrier tax
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Answer:
c. $90,700
Explanation:
The computation of the cost of the land is shown below:
= Purchase cost of land + property taxes + attorney fees + land graded cost
= $85,000 + $2,500 + $1,000 + $2,200
= $90,700
We added the property taxes, attorney fees, and the land graded cost to the purchase cost of the land. We do not include the parking lot expenses
Self -leadership is the process of influencing the one's own behavior and also the behavior of the other people around them.The First step of self Leadership is<u> Personal Goal setting</u>
Explanation:
Self leadership is normally defined as the process in which a individual is able to control his own behavior and at the same time he leads and influence others to follow them . These individuals use several behavioral strategies to empower and lead others people
<u>The Five element of Self Leadership are </u>:-
- Personal Goal Setting
-
Constructive Thought Patterns
- Designing Natural Rewards
- Self-monitoring
-
Self-reinforcement
<u>Self-leadership Strategies includes</u>
- <u>Personal Goal Setting</u>
- <u>Designing Natural Rewards</u>
- <u>Constructive Thought Patterns</u>
Answer:
b. $18,000
Explanation:
The computation of outstanding checks is shown below:-
Outstanding checks as of the end of July = Start with outstanding checks as of June + Amount of checks issued in July - Amount of checks that cleared in July
= $5,400 + $38,900 - $26,300
= $44,300 - $26,300
= $18,000
Note, The $300 check was issued by a customer, not Darlene.
So, for computing the outstanding checks as of the end of July we simply applied the above formula.
Answer: carriage forward means delivery is being laid by the buyer. Carriage paid means delivery is paid by the seller.
