Answer: Compare another period > Previous year (PY)
Explanation:
QuickBooks Online is an accounting service provided to small and medium businesses to help them with their accounting needs even with the most rudimentary of knowledge.
Should you want to view a client's income and expenses over the past two years, use the compare another period and then the Previous year option. The income and expenses will be shown for the current year and the last one making it 2 years.
Question 1 Completion with Options:
A. used equipment
B. storage warehouse
C. land for future building site
D. new office furniture
E. apartment complex
F. new delivery truck
Answer:
1. The assets purchased in the current year that are eligible to be expensed under Section 179 assuming the cost does NOT exceed the limitations are:
A. used equipment
D. new office furniture
F. new delivery truck
2. $561,000 is the maximum to be expensed with an adjusted basis of 100% for MACRS
Explanation:
There is a maximum deduction of $1,050,000 under section 179. The section affords eligible taxpayers the opportunity to reduce their tax burden in the first year that they purchase eligible properties.
Answer:
E) government actions that reduce competition from international firms.
Explanation:
Quotas place a limit on the amount of goods that can be imported.
A tariff is a tax levied on imported goods.
Tariffs and quotas are imposed by the government and they limit the amount of import flowing into a country. This reduces the amount of competition from international firms.
I hope my answer helps you
Answer:
Since there is not enough room here, I prepared an excel spreadsheet
Explanation:
<span>New managers are often surprised to find that things like supply chain problems, customers and meetings take up most of their time. Rather than the vision they have upon being promototwd of spending their time leading a team. This can often lead to an adjustment period where a recently hired manager will need to learn to better divide their time between focusing on the clerical process and customers while also keeping a balance where employees are managed.</span>
