Answer:
$2,500
Explanation:
The education credit limit is pegged at $2,500 incurred on expenses that are directly connected to enrollment , attendance and other educational activities like tuition , textbooks
The expenses must have been incurred in the tax year or within the first three months of the following tax year.
Although all expenses are related to David's education , but she the can not claim more than the $2500 which is the upper limit.
Answer:
The answer is $60,500
Explanation:
The cost of asset(new equipment) is the total cost associated with making the equipment to work in the present condition. It includes cost of installation, cost of bringing the asset to the factory, tax paid on purchasing the asset.
Amount that will be recorded for the asset is:
Cost of new equipment.---$52,500
Transportation cost ---------$1,500
Sales tax -------------------------$3,500
Installation cost ----------------$3,000
Total ------------------------------$60,500
Answer:
it would allow her to earn a fixed amount of interest in her savings account.
Explanation:
Based on the information provided within the question it can be said that in this scenario this would benefit her greatly because it would allow her to earn a fixed amount of interest in her savings account. Savings accounts pay the individual an interest rate for merely keeping their money in a savings account. Therefore by doing so she would be making extra money without doing any extra effort.
Answer: Option (E)
Explanation:
Assurance engagement tends to refer or mean that an engagement, under which an individual or practitioner tends to express a conclusion, that is designed in order to enhance the level or degree of confidence of user or the intended user, apart from the responsible individual about the result or outcome of measurement or evaluation of the subject matter against the stated criteria.
Answer: Nontariff barriers
Explanation:
Nontariff barriers are trade barriers that are used whereby the import and export of goods and services are restricted. It should be noted that the restriction is not by tariffs but can include include embargoeds, quotas, sanctions, and levies.
The main reason for trade barriers are to generate revenue for the government and also to protect the local industries.