Answer:
a. Income Tax Expense (Dr.) $298,000
Deferred Tax (Dr.) $30,000
Income Tax Payable (Cr.) $328,000
Explanation:
b. Income Tax expense (Dr.) $30,000
Allowance to reduce deferred tax value to NRV (Cr.) $30,000
Income tax payable is calculated based on tax rate of 40%.
$820,000 * 40% = $382,000
Answer:
These are the options for the question:
- Peer pressure
- Personality conflict
- Climate of mistrust
- Fear of failure
And this is the correct answer:
Explanation:
Ted is afraid of failing at his new role, he is suffering from fear of failure. This is because Ted was accustomed to completing a set of tasks specific to his previous position in the company.
Now that the company has reorganized, he has been given a new position, and new tasks to complete, and he does not feel at ease at first, likely because he lacks first-hand experience with some of the tasks.
<h2>False. Both liberals believes are different.</h2>
Explanation:
Ethical assessment of work: It purely depends on the office environment. I can explain like,
- how much of employee-friendliness exists in the company,
- how the work-life balance of employee experiences
- The amount of work pressure that the employee face
- The independence that they have in doing their work creatively or scope for creativity.
Rather, human fulfillment school, purely deals with personal life. Its full of humanness.
So both are entirely different. Hence the statement stands false.
Answer:
C. Bad Debts Expense 125 125
Accounts Receivable
Explanation:
When there is straight waive off of accounts receivable, then it reduces the balance of accounts receivables and along with that the expense in the form of bad debts will be recorded in the income statement.
This provides for an expense to be debited and an accounts receivables would decrease because it is an asset, now no more realizable.
Also the expense will be debited as the general rule of accounting states that all expenses and losses are debited.
Answer:
Credit to salaries payable of $364,500
Explanation:
There is important to undestand some vocabulary for business aproach.
A credit to salaries are the amount that the companies owed to their employees.
