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AnnZ [28]
3 years ago
8

To comply with IRS regulations, a taxpayer's mileage log must contain __________. a. Dates the vehicle was used for business; pu

rpose of the trip; estimated miles traveled for business; estimated miles traveled for commuting; estimated total miles the vehicle was driven the entire year for all purposes. b. Dates the vehicle was used for business; miles traveled for business; total miles the vehicle was driven the entire year for all purposes. c. Dates the vehicle was used for business; purpose of the trip; miles traveled for business; miles traveled for commuting; total miles the vehicle was driven the entire year for all purposes. d. A mileage log is not needed. Taxpayer's may use an average of business miles per month to calculate the expense deduction
Business
1 answer:
pychu [463]3 years ago
5 0

Answer:

The correct answer is C. Dates the vehicle was used for business; purpose of the trip; miles traveled for business; miles traveled for commuting; total miles the vehicle was driven the entire year for all purposes.

Explanation:

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Grainger Company is a major automotive parts manufacturer operating in six countries. It has no restrictions on stock sales and
alisha [4.7K]

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The correct word for the blank space is: public.

Explanation:

A public corporation has sold stock through an<em> Initial Public Offering </em>(IPO) to the public and that stock is currently traded on a <em>public stock exchange</em> or the <em>Over-The-Counter</em> (OTC) market. The ability to sell public shares is very important to these businesses as it provides them with a source of capital for investment.

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4 years ago
Which of the following accounts would not appear on a schedule of cost of goods manufactured?
kotykmax [81]

The following accounts would appear on a schedule of cost of goods manufactured- Depreciation of factory equipment

Explanation:

<u>The cost of goods manufactured (COGM) schedule</u> is used to calculate the cost of all the items produced during a given reporting period.

<u>The cost of good manufactured schedule</u> gives companies an idea about their production cost(i.e whether it is too high or low) in relation to the sales they are making

<u>The formula to calculate the COGM i</u>s:

Add: Direct Materials Used

Add: Direct Labor Used

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