Answer:
(1)=A (2)=D
i just need to fill up this space to answer~
For the purpose of accounting, there are three types of expenditure. These are Capital Expenditure, Revenue Expenditure, and Deferred Revenue Expenditure.
Capital Expenditure is the amount incurred in acquiring long term assets like land, buildings, equipments (which are used for the purpose of earning revenues). These costs are reflected in the account of Property, Plant and Equipment.
Revenue Expenditure is cost incurred in one accounting year wherein the benefits are also enjoyed in the same period only. It does not increase the earning capacity of the business, instead, it maintains the existing earning capacity of said business. This expenditure is recurring in nature like salaries and wages, selling and distribution expenses.
Deferred Revenue Expenditure is a revenue Expenditure which has been incurred within the current accounting year but its benefit will be extended to a number of years. This cost is charged to the Profit and Loss account. Example of this is advertising cost.
Answer:
Callous
Explanation:
Showing the counters of tuition $200 per credit.
Answer:
I think I should ask in English language
Answer:
A) $80,000
Explanation:
According to the Internal Revenue Service (IRS), the deduction would be claim as a lower value of 20% qualified business income plus 20% of real investment or 20% of taxable income less net capital gains
So, 20% qualified business income = $400,000 × 20% = $80,000
And, the 20% of taxable income = $500,000 × 20% = $100,000
So, the lower value would be $80,000
