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mixer [17]
2 years ago
8

If their gross income exceeds $600,

Business
1 answer:
nataly862011 [7]2 years ago
7 0

If Estates are required to file income tax returns if their gross income exceeds $600 and all corporations must file regardless of income. This is called <u> Tax filing requirements.</u>

<u />

<h3>What is Tax filing requirements?</h3>

Tax filing requirements can be defined as the requirement a person or a tax payer  is expected to meet or abide by while filing for tax return.

Tax payer must always check tax filing requirement in order to know whether they meet the requirement before filling for a tax return.

Therefore  this is called <u> Tax filing requirements.</u>

The complete question is:

Estates are required to file income tax returns if their gross income exceeds $600. All corporations must file regardless of income.

Learn more about Tax filing requirements here:brainly.com/question/14748046

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surfshack corp. buys surfboards, wetsuits, and surf wax from rip to shreds, inc. for sale to consumers. what type of company is
viva [34]

Buys surfboards, wetsuits, and surf wax from rip to shreds, inc. for sale to consumers. The type of company is surf shack corp is a retail merchandiser.

Merchandising is any practice that contributes to the sale of products to retail consumers. At the retail level, merchandising refers to the presentation of products that are sold in creative ways that induce customers to purchase more items or products.

Retail store clerks are responsible for ensuring that appropriate quantities of merchandise are available in stores and sold at appropriate prices. Clever planning, careful purchases, and smart advertising campaigns can increase your profits.

Merchandisers keep merchandise on retail shelves and present it appropriately to customers. They also track inventory levels, report problems and shortages to management, and clean up unwanted items for blatant violations of store decor.

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6 0
2 years ago
Which payment type can help you stick to your budget
nordsb [41]
The payment type that can help you stick with your budget is : debit cards

Credit card usually make it really hard to track your budget because you only see the amount of expenditure at the end of the month when the credit card bill was sent to you

hope this helps
6 0
3 years ago
Calculate the selling price for 4 hair clips at $20 each given a cash discount of 2%
Alja [10]

Answer:

they would each be 4.9 i think

Explanation:

5 0
3 years ago
Your sister is thinking about starting a new business. The company would require $355,000 of assets, and it would be financed en
Diano4ka-milaya [45]

The net income that must be expected to warrant starting the business is: $47,925.

<h3>Net income</h3>

Using this formula

Net income = ROE × Total equity

Let plug in the formula

Net income = 13.5% × $355,000

Net income = $47,925

Therefore the net income that must be expected to warrant starting the business is: $47,925.

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7 0
2 years ago
Fugazi City College sold season tickets for the 2015 football season for $240,000. A total of 8 games will be played during Sept
tamaranim1 [39]

Answer:

d. will include a debit to Unearned Ticket Revenue and a credit to Ticket Revenue for $90,000.

Explanation:

For tickets sold in advance, revenue is not recognized on those tickets until the matches have been played. As such, when payment was received for the tickets, the required entries were Debit Cash account and credit Deferred or unearned revenue.

When the matches are played, revenue is proportionately earned and recorded by crediting revenue and debiting deferred or unearned revenue.

For the 3 games played in September, revenue earned

= 3/8 × $240,000

= $90,000

6 0
4 years ago
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