Answer: $1400
Explanation:
The amount of gross income that Heather must report will be the addition of the interest on the US government bonds, the interest on the federal income tax refund and the gain on the sale of Madison company school bonds. This will be:
= $700 + $200 + $500
= $1400
Therefore, Heather must report gross income in the amount of $1400. The correct option is D.
Communication abilities will help you persuade others and help them see your views clearly.
Hope this helps!
Answer:
Explanation:
The computation of the amount that is reported as a total current assets is presented below:
Clear Co's
Current assets
Cash $40,000 ($50,000 - $10,000)
Accounts Receivable $20,000
less-Allowance for doubtful debts - $5,000
Deposits from customers $3,000
Merchandise Inventory $7,000
Unearned rent $1,000
Investment in trading debt securities $2,000
Total amount $68,000
Answer:
product
Explanation:
- Process management components of a library management system include rules, instructions, and guides on how to perform tasks on the system.
- This is similar to the manual for electronic products, with detailed instructions on how to use the product effectively.
so correct answer is product