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elena-14-01-66 [18.8K]
3 years ago
6

Philip works at a graphic designing firm. He can efficiently work on various graphic design software. He can create visuals and

illustrations as per clients' requirements. This scenario illustrates that Philip has _____.
Business
2 answers:
Mariana [72]3 years ago
7 0

Answer:

technical skills

Explanation:

According to my research on different employment abilities, I can say that based on the information provided within the question this scenario illustrates that Philip has technical skills. These are procedures, techniques, and knowledge which allows you to use certain hardware/software that is required to get a job done.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

Leni [432]3 years ago
4 0

Answer:

technical talent/abilities

Explanation:

Philip works at a graphic designing firm. He can efficiently work on various graphic design software. He can create visuals and illustrations as per clients' requirements. This scenario illustrates that Philip has technical talent/abilities.

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Rip garage, inc. (459 ellis avenue, harrisburg, pa 17111), is an accrual basis taxpayer that repairs automobiles. in late decemb
mixas84 [53]

Answer:

<u>MEMO</u>

To: Treasurer of Trip Garage, Inc.

From: Me

Subject: Dispute over accrued revenue

Mrs. S. Apple,

Good evening. Regarding your dispute over accrued revenue generated form the repair of Mr. Mosley's car, I must inform you the following:

Trip Garage, Inc., is an accrual basis taxpayer, therefore, revenues must be recorded once the repair service was completed, not when the invoice was collected.

In future occasions when similar problems show up, you should record an allowance for doubtful accounts. This way, if you believe that an account receivable is unlikely to be collected, it will be not considered for the year's financial records. This adjusting journal entry must be recorded before the end of the year, if not, all related revenues must be included in the years income statement.

Regards,

Me

Explanation:

Accrual taxpayers are required to record revenues once the revenue generating activity has been completed, i.e. Trip should have recorded $1,000 in revenue during 2017:

Dr Accounts receivable 1,000

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If Trip didn't consider that it would be able to collect the $1,000 receivable, then it should have recorded it as bad debt expense:

Dr Bad debt expense 1,000

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If thy did not record the bad expense, then the IRS agent is right, and the $1,000 must be included in the 2017 income statement.  

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3 years ago
Imagine that you earned $8,425 in one year. If the government enforces a 15% income tax, how much money would you owe in taxes a
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Sorry you need a little more detail for your question.
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When the auditors express an opinion on financial statements their responsibilities extend to : Whether the results of their client's operating decisions are fairly presented in the financial statements.

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The auditor is someone who reviews financial records and checks them. They ensure consistency of financial records and correct payment of taxes. We monitor financial activities to ensure that companies operate efficiently.

A statement that somehow the auditor is liable for expressing an opinion on the audit's financial statements. Examining details of the sums and reports in the financial statements on a test basis; evaluating the accounting standards used and relevant management estimates;

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