Firstly, they need to prepare a family consumption budget so as to know where they money is being spent.
Secondly, they should prepare potential income streams, a comparison between owning their home and renting out.
Answer:
The right approach is "$21,850". A further solution is provided below.
Explanation:
The given values are:
Employer pays,
= $15,450
Unemployment compensation,
= $3,400
At the end of the year, she paid,
= $3,000
For year 2017,
Alicia Gross income will be:
= 
= 
($)
<u>Social dimension</u> f the triple bottom line seeks to benefit its employees, the local community, and other entities that are impacted by the firm's existence.
<h3>What is social dimension?</h3>
The term "dimension" can be used to describe a feature, appearance, stage, or situation of something. Social, on the other hand, is what connects society: the group of people who live in the same area and adhere to the same laws.
We can comprehend what the social dimension is thanks to these definitions. This is the term of the group of elements involved in the interactions between people and societal life.
The social component might be seen as having to do with how someone is socialized. Humans are social creatures that rely on others to meet their material and symbolic needs. A person must master all of the social tools that are innate to him in order to fully realize himself.
Learn more about social dimension
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Answer:
Dec 31 2016 Interest expense 2640 Dr
Interest payable 2640 Cr
Explanation:
the adjusting entry is made at the end of the period which is 31 December 2016 here. The notes pays interest at 8% per annum. So, the total interest due for one year on note payable is,
Interest = 44000 * 0.08 = 3520
Out of this amount of interest payable, 9 month's interest related to period from April to December. So, at 31 December, we will recognie 9 month's interest as interest expense 3520 * 9/12 = 2640. And debit interest expense account by this figure. As the interest is not paid today, we will credit interest payable.
