1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nydimaria [60]
3 years ago
12

Bill operates a proprietorship using the cash method of accounting, and this year he received the following: $170 in cash from a

customer for services rendered this year a promise from a customer to pay $186 for services rendered this year tickets to a football game worth $215 as payment for services performed last year a check for $184 for services rendered this year that Bill forgot to cash How much income should Bill realize on Schedule C
Business
1 answer:
zmey [24]3 years ago
5 0

Answer:

$569

Explanation:

Cash from a customer for services rendered $170

Tickets to a football game worth $215

Check for services rendered $184

Total $569

Therefore Bill should realized income of $569 on Schedule C because Income is realized as property is received but the promise to pay is not property (unless accompanied by a note receivable).

You might be interested in
When is 72 hours from now?
erica [24]

Answer:

the answer is 3 days later

Explanation:

6 0
3 years ago
Read 2 more answers
3. The media consumer who gets news and information in a crossover fashion, from a variety of sources is known as a(n) _________
Rus_ich [418]

Answer:

Hybrid

Explanation:

6 0
3 years ago
Gramps purchased a joint survivor annuity that pays $500 monthly over his remaining life and that of his wife, Gram. Gramps is 7
Bezzdna [24]

Answer:

$150

Explanation:

Calculation of how much income that Gramps will recognize on the first payment.

Since joint survivor annuity has 23.1 as the annual return multiple .

Calculation for Expected return

Expected return =Annual payment *Return multiple

($500*12) =$6,000

$6,000×23.1

=$138,600

Therefore :

$97,020/$138,600

=0.7×100

=70%

The 70% of each of the payment will be the return of capital while the 30%(100%-70%) will be the income.

Hence the first payment be:

30%×500

=$150

Therefore the amount of income that Gramps will recognize on the first payment will be $150

6 0
3 years ago
Determining how many man-hours are needed to meet production goals involves what type of management role
emmainna [20.7K]

The determination of the number of man-hours that are needed to meet production goals by the management involves an informational role.

<h3>What is management?</h3>

It should be noted that management simply means the process of controlling people to achieve a goal.

In this case, the determination of the number of man-hours that are needed to meet production goals involves ana informational role.

Learn more about management on:

brainly.com/question/27250153

8 0
3 years ago
Sobota Corporation has provided the following partial listing of costs incurred during August:
QveST [7]

Answer:

a. $365,000

b. $346,800

Explanation:

The computations are shown below:

a. For product cost:

= Direct materials used + Direct labor + manufacturing overhead

where,

Manufacturing overhead  = Indirect labor + Property taxes, factory + Depreciation of production equipment

= $45,000 + $18,900 + $42,200

= $106,100

So, the product cost would be

= $168,100 + $90,800 + $106,100

= $365,000

b. For period cost

= Marketing salaries + Administrative travel + Sales commissions + Advertising

= $51,700 + $100,800 + $50,000 + $144,300

= $346,800

4 0
3 years ago
Other questions:
  • The use of mathematical tools such as the application of linear programming for optimizing operations and the statistical proces
    9·1 answer
  • Why are marketers intensely interested in capturing a larger share of teenage market
    9·1 answer
  • Which of the following is the best example of correlation not being the same as causation? A. A company redesigns a production p
    13·1 answer
  • Marcus is a self-employed marketing consultant. He is good at helping his clients with their marketing challenges; however, he i
    6·1 answer
  • The 1998 annual report for Sears shows that, since 1978, it has experienced dramatic changes in the composition of its workforce
    12·1 answer
  • Nash Corporation has outstanding 343,000 shares of $10 par value common stock. The corporation declares a 10% stock dividend whe
    11·1 answer
  • Mr. Youngher arrives at his interview for a community relations internship with Bethlehem Electric in Chicago five minutes late
    9·1 answer
  • What is the term that describes a person’s tendency to discover information that supports his or her own pre-existing views?
    14·1 answer
  • Certain skilled labor, such as hair cutting, requires licensing or certification. This is costly and takes a long time to acquir
    6·1 answer
  • Can someone help me please
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!