Answer:
1 . Dr ncome tax expense 7
Dr Deferred tax asset 4
Cr Income tax payable 11
2. Dr Income tax expense3
Cr Valuation allowance-Deferred tax asset3
Explanation:
Preparation of Journal entries
JournalDebitCredit
(In million)
1 . Dr ncome tax expense 7
($11-$4=7)
Dr Deferred tax asset 4
($16× 25% = $4)
Cr Income tax payable 11
($44 × 25% = $11 )
2. Dr Income tax expense3
Cr Valuation allowance-Deferred tax asset3
(3/4 × $4) = $3 million
Deferred tax asset= ($16× 25%)
Deferred tax asset= $4 million
Income tax payable= ($44 × 25%)
Income tax payable= $11 million
Answer:
A. Contact Information for Refrences.
Explanation:
Hi there! To me it makes the most sense because it has nothing to do with a carrer plan. Sure, refrences are benefical but they do not determine what can help you grow and succed in the workforce.
I hope this helps! Good luck! :)
Answer: funded status relative to the projected benefit obligation
Explanation:
A defined benefit pension plan is a pension plan type in which the employer promises to pay the worker a lump sum or a pension payment which is based on the earnings history, age and the tenure of service of the worker.
Since Seigel co. maintains a defined-benefit pension plan for its employees. at each balance sheet date, seigel should report a pension asset/liability that will be equal to the funded status relative to the projected benefit obligation.
Answer:
The answer is: C) to give customers the complexion they dream about by providing products suited to their needs
Explanation:
The mission statement states why a company exists and what is its overall goal.
This particular mission statement emphasizes:
- Why SatinSilk exists: to give customers the complexion they dram about.
- What is SatinSilk's overall goal: to provide customers the products that suit their needs.
<span>GDP, or Gross Domestic Product, is typically defined as services, products, goods produced and bought by an national economy in a specific time frame, and is measured comparatively to a time period before. Bitcoin is an example of an underground currency that is not part of the GDP, due to no production of goods or services for the nation and not regulated by government.</span>
