QUESTION 4<br> Which of the following payment types require you to pay upfront?

Typical Corp. reported a deferred tax liability of $6,000,000 for the year ended December 31, 2017, when the tax rate was 40%. T

Alex_Xolod [135]

Answer:

Income tax expense (Balancing figure) $13,200,000

To Deferred tax liability (8% × $15,000,000) $1,200,000

To Income tax payable ($30,000,000 × 40%) $12,000,000

(Being the income tax expense is recorded)

Explanation:

The compound journal entry is shown below:

Income tax expense (Balancing figure) $13,200,000

To Deferred tax liability (8% × $15,000,000) $1,200,000

To Income tax payable ($30,000,000 × 40%) $12,000,000

(Being the income tax expense is recorded)

For recording this, we debited the income tax expense as it increased the expenses and at the same time it also increased the liabilities i.e deferred tax liability and income tax payable so it would be credited

6 0

3 years ago

The measures used by an organization to provide reasonable assurance that the organization produces reliable financial reports,

const2013 [10]

Answer:

The correct answer is letter "A": The internal control structure.

Explanation:

The internal control structure of a company encompasses the firm's organizational objectives in regards to ensuring policies and federal laws, accurate operating information and accounting records, protecting the company's from threats, and measuring employees' performance to help them improve their efficiency.

6 0

3 years ago

Imagine that instead of hiring each assitant right away in the hiring assistant problem. we wait until the end to hire the best

vlada-n [284]

Imagine that instead of hiring each assistant proper away withinside the hiring assistant problem. we wait till the cease to lease the quality one. what is the quality-, worse- and average-care costs on this case.

There are some assumptions that we are able to make.

Worst case: Every assistant you interview subsequent is higher than the ultimate candidate. So, you need to pass until the cease. The aspect is you interviewed until the cease N, and also you needed to make a contrast with the N-1 interviewee.

So, your complexity can be N*(N-1) = O(N^2)

Best case: The first actual candidate you interviewed became out to be the quality candidate. Here you simply examine with every other candidate if they're higher than the first candidate or not.

So, your complexity, on this case, can be O(N)

Average case: In this case, we're creating a contrast with different candidates. In this case, as well, your complexity could be O(N^2).

For higher clarity, what you may do is navigate grade by grade the subsequent pseudocode:

best_candidate_index = 0

for candidate in range(number_of_interviewee)

do interview candidate

if candidate is higher than best_candidate_index

best_candidate_index = candidate

lease best_candidate_index

Learn more about costs here:
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7 0

11 months ago

There are several methods used to classify restaurants, experts agree that the two main categories of restaurants would be:

ludmilkaskok [199]

Answer:

independent, chain are the answer

Explanation:

3 0

2 years ago

The value of goods imported into mexico exceeds the value of goods exported by that country. this suggests that mexico has a __

Simora [160]

Based on the scenario above, the answer is trade deficit. This is considered to be an economic measure in terms of international trade in which the imports of the country are exceeded than of the country’s exports. This is known to be the trade’s negative balance.

4 0

3 years ago

QUESTION 4 Which of the following payment types require you to pay upfront?