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Ganezh [65]
3 years ago
9

Jack owns and runs a bookstore. He looks after the accounts of the business and also purchases books from publishers. Sometimes

his brother helps him with the customers, though he does not own the business with Jack. Which type of business ownership does Jack own?
A.
partnership
B.
corporation
C.
company
D.
sole proprietorship
Business
1 answer:
Sunny_sXe [5.5K]3 years ago
4 0

company is the answer



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serious [3.7K]

Answer:

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  • State income tax ⇒ $52.97
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Explanation:

Brent gets paid semi-monthly so his pay per period is:

= 39,360 / (12 months *2)

= $1,640

Based on the table therefore, his federal tax is:

= $80

This figure is based on the intersection between income of $1,640 and 3 withholding allowances.

FICA tax rate is 7.65% so his FICA tax is:

= 1,640 * 7.65%

= $125.46

State income tax = $52.97

Local deduction - Clark County Income tax = $29.52

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= Federal tax + FICA + State income tax + Clark County income tax

= 80 + 125.46 + 52.97 + 29.52

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3 0
3 years ago
Scott's Cycles sells merchandise on credit terms of 2/15, n/30. A sale invoiced at $1,500 (cost of sales $975) was made to Shann
damaskus [11]

1. The journal entry to record the credit sale by Scott's Cycles, using a perpetual inventory system, is as follows:

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Credit Inventory $975

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2. The journal entry to record the collection of the account by Scott's Cycles is as follows:

February 9:

Debit Cash $1,470

Debit Cash Discounts $30

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March 2:

Debit Cash $1,500

Credit Accounts Receivable $1,500

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March 4:

Debit Inventory $9,000

Credit Accounts Payable $9,000

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<h3>What are the journal entries?</h3>

Journal entries are the accounting records kept by an entity about its daily transactions.

Journal entries identify the accounts involved in each transaction and whether they will be debited or credited.

Learn more about recording journal entries at brainly.com/question/17201601

6 0
2 years ago
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vlabodo [156]

Answer:

$23,300

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ISO 9001:2008 is the most comprehensive standard as it provides a set of requirements for a quality management system for all organizations, both private and public.

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No matter the type, size, or type of product offered, all requirements of ISO 9001:2008 are generic and intended to be relevant to all enterprises.

Any ISO 9001:2008 requirement(s) that cannot be applied because of the nature of the business or the product might be excluded.

When exclusions are made, claims of conformity to ISO 9001:2008 are not acceptable unless they are restricted to Clause 7 requirements and do not affect the organization's capacity or obligation to deliver a product that complies with the needs of the customer and any applicable legal and regulatory requirements.

To learn more about the, ISO 9001:2008 Quality management systems visit:

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