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stiv31 [10]
3 years ago
6

In an age-discrimination lawsuit, the employee has the burden of establishing that age was the actual reason for the discriminat

ion.
a. true
b. false
Social Studies
1 answer:
Vadim26 [7]3 years ago
4 0
The answer is true due to the fact
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When using the allowance​ method, the​ write-off of a receivable​ ________. A. involves a​ contra-revenue account B. affects the
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B- affects the net realizable value of accounts receivable

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The mechanics of the allowance method are that the initial entry is a debit to bad debt expense and a credit to the allowance for doubtful accounts (which increases the reserve). The allowance is a contra account, which means that it is paired with and offsets the accounts receivable account. When a specific bad debt is identified, the allowance for doubtful accounts is debited (which reduces the reserve) and the accounts receivable account is credited (which reduces the receivable asset). If a customer subsequently pays an invoice that has already been written off, then the process is reversed to increase both the allowance and the accounts receivable account, after which the cash account is debited to increase the cash balance and the accounts receivable account is credited to reduce the receivable asset.

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What is true regarding taxes in a market economy?
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In a market economy, money moves from the consumer to businesses when consumers buy goods and services. The government relies on tax revenue from the market economy.
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Businesses pay sales tax, based on the purchase price of the goods. Other taxes include corporate income tax, based on business profits. In general, when a business's sales grow, so do its tax payments.
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Taxpayers pay income taxes and payroll taxes to the federal government and may also pay income tax to state and local governments. Generally, the greater the income, the more a taxpayer will pay. Taxpayers pay sales taxes on goods purchased.
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The government impacts the economy through the goods and services it purchases and provides. About one-third of the nation's economy is based on government spending. Most revenue for government spending comes from the collection of taxes.
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When the economy is growing, consumers earn more and make more purchases. This increases business profits and boosts sales and corporate income tax revenue. Consumers may buy bigger homes (thus increasing revenue from property tax), travel more (thus increasing revenue from gasoline tax), and so on. In this way the government collects more taxes and has more money available to spend.
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ANWER- the third one (Budget surplus)
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