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Alexxandr [17]
3 years ago
8

A person with knowledge of accounting, who does the routine work of recording, classifying, and summarizing phases of accounting

.
Business
1 answer:
erik [133]3 years ago
5 0

Answer:

"Bookkeeper" is the correct response.

Explanation:

  • A bookkeeper becomes typically hired by such a small to the medium-sized corporation to manage as well as document the vast amount of transactions including revenues, acquisitions, accounting, payment recovery interest income, payment services, and therefore more.
  • Quite frequently, the Chief Accountant who was doing the compilation including its financial information manages his or her duties.
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Brad owns a small townhouse complex that generates a loss during the year.
My name is Ann [436]

Answer:

a. Brad might be allowed to deduct up to $25,000

or Brad may be allowed to deduct the loss if he works more than 750 hours as a material participant in connection with the townhouse complex and more than half of personal service.

b. The reduction is equal to 50% of AGI in excess of $100,000. The deduction will be phased out completely if AGI reaches $25,000

Explanation:

Adjusted Gross Income is the final taxable income after all the allowable deductions are adjusted in the income. A tax payer can deduct up to $25,000 for the passive losses. This is standard deduction which Brad can deduct from the income.

7 0
3 years ago
The national institute for standards and technology is within which federal agency?
maksim [4K]
Most likely the National Institute for Standards and Technology falls under the U.S. Department of Commerce 
8 0
3 years ago
Production estimates for July are as follows:
LenKa [72]

Answer:

d. 234,000 lbs. of A; e. 39,000 lbs. of B

Explanation:

For computing the number of pounds first we have to find out the production units which is shown below:

Production units = Sales units + ending inventory units - beginning inventory units

= 76,000 units + 10,500 units - 8,500 units

= 78,000 units

Now number of material pounds required is

Direct material            A          B  

One unit requires           3 lbs 1 ÷ 2 lbs

Multiply 78000 unit requires   234,000 39,000

We simply multiplied the production units with the required unit of each material i.e A and B so that the accurate number of pounds could arrive

6 0
3 years ago
The manager of a company that produces a soy-based sausage wants to conduct a competitive analysis. during this competitive anal
Usimov [2.4K]
During this competitive analysis, the manager should look at All the factors such as :
- companies that produce other brand of pork-based sausages
- Morningstar, a company that has a complete line of soy-based products
- companies that produce other forms of breakfast meats like bacon
- Individuals who make their own sausage

hope this helps
6 0
2 years ago
Sweet Company’s outstanding stock consists of 1,000 shares of noncumulative 5% preferred stock with a $100 par value and 10,000
frutty [35]

Answer:

preferred stockholders received $15,000 during the first 3 years

  • $2,000 in the first year
  • $6,000 in the second year
  • $7,000 in the third year

common shareholders received $25,000 in dividends during the third year.

Explanation:

preferred stock = 1,000 shares x $100 par value x 5% = $5,000

common stock = 10,000 shares at $10 par value

dividends declared and paid during the first 3 years:

year       dividends

1               $2,000

2              $6,000

3            $32,000

preferred stockholders should have received $5,000 per year x 3 years = $15,000. Preferred stockholders must be paid first, and their payment is fixed. If the dividends are not enough to pay the total amount, the remaining amount should be paid next year.

  • $2,000 in the first year
  • $6,000 in the second year
  • $7,000 in the third year

common shareholders received $32,000 - $7,000 = $25,000 in dividends during the third year.

7 0
3 years ago
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