Answer and Explanation:
Journal Entry would be:
Tax expense (plug) 30
Deferred tax liability [( 30% - 40%) x $ 60] 6
Taxes payable (40% x $90) 36
Answer:
issue like public service and infrastructure are taken up the place of people concerned. People demand proper services rather than wasting their time on point out on other racial point. This also show people are moving toward more professionalism
Explanation:
There are many factor which defied the people needs during any particular time. Due to advancement in science and other technologies people are more busy in their professional life and thus they are less concerned about the discrimination factor. Though racial discrimination is one of the most serious threat to social bonding, people are less concerned.
issue like public service and infrastructure are taken up the place of people concerned. People demand proper services rather than wasting their time on point out on other racial point. This also show people are moving toward more professionalism
Answer:
D- income statement accounts are temporary accounts and do not retain their balances from one period to the next.
Explanation:
quizlet
He will borrow 80% of the cost of the car.
80/100*11350= <span>$ 9080</span>
Answer:
(i) $240, (ii) will buy, (iii) will not buy, (iv) True
Explanation:
(i)
Actuarially fair price = 2% of $12,000
= (2 / 100) * $12,000
= $240
(ii)
will buy insurance because now the price of insurance is $240 which was $2,880(i.e 72000 × 4% ) previously for drivers with $56,000 in the bank i.e now the price of insurance is reduced so the drivers will buy the insurance.
will not buy insurance because now the price of insurance is $240 which was $140 (i.e 3,500 × 4%) previously for drivers with 3,500 in the bank i.e now the price of the insurance is increased so the drivers will not buy.
True because at the actuarially fair price of $240, the drivers with $3,500 in bank will not voluntarily purchase the insurance.
