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3 years ago

What are prenuptial contracts?

2 answers:

8 0

A prenuptial agreement ("prenup" for short) is a written contract created by two people before they are married. A prenup typically lists all of the property each person owns (as well as any debts) and specifies what each person's property rights will be after the marriage.

Monica [59]3 years ago

7 0

Answer:

A written contract created by two people before they are married.

Explanation:

A prenup typically lists all of the property each person owns (as well as any debts) and specifies what each person's property rights will be after the marriage.

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The use of the Certified Public Accountant title is regulated by Group of answer choices the American Institute of Certified Pub

igomit [66]

To be able to use the Certified Public Accountant title, you need to be regulated by the American Institute of Certified Public Accountants.

<h3>Duties of the American Institute of Certified Public Accountants. </h3>

Issue the CPA designation in the United States.

Act as the representative body for certified accountants in the U.S.A

The AICPA is therefore very important in the United States and for one to be recognized as a proper accountant, they need to be AICPA approved and regulated.

In conclusion, option A is correct.

Find out more on the AICPA at brainly.com/question/5041945.

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3 years ago

On September 12, Vander Company sold merchandise in the amount of $5,800 to Jepson Company, with credit terms of 2/10, n/30. The

ANTONII [103]

Answer:

Dr Cash $5,684

Dr Sales discount $116

Cr Accounts receivable $5,800

Explanation:

The fact that the invoice was settled on September 18, confirms that the payment on the sale of merchandise was received by Vander company during the period,hence Jepson company is entitled to the applicable discount of 2%.

The amount cash received is $5,800*(1-2%)=$5,684.00

The appropriate journal entries include a debit to cash of $ 5,684, a debit sales discount of $116($5800-$5,684) as well as a credit to account receivables of $5,800

6 0

3 years ago

Mango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs t

Inessa05 [86]

Answer:

Overapplied overhead= $16,000

Explanation:

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 340,000 / 170,000

Predetermined manufacturing overhead rate= $2 per direct labor dollar

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 2*192,000

Allocated MOH= $384,000

Finally, the over/under allocation:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 368,000 - 384,000

Overapplied overhead= $16,000

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3 years ago

An investment project is expected to generate earnings before taxes (EBT) of $60,000 per year. Annual depreciation from the proj

Masja [62]

Answer:

Net cash flow= $66,000

Explanation:

Giving the following information:

An investment project is expected to generate earnings before taxes (EBT) of $60,000 per year. Annual depreciation from the project is $30,000 and the firm’s tax rate is 40 percent.

Net cash flow= EBT - Tax + Depreciation

Net cash flow= 60,000 - (60,000*0.4) + 30,000= $66,000

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3 years ago

Which of the following items would typically not be included in the heading of a workpaper?a. Client name.b. Client balance shee

Marina CMI [18]

Answer:

c. Audit firm name

Explanation:

Audit documentation is evidence for the work performed and conclusions drawn in an audit. it also provides a basis with which all future audits can be performed.

the important constituents of the heading of a workpaper:

1. client name

2. client balance sheet dat

3. a descriptive explanatory title.

Therefore, The item that would typically not be included in the heading of a workpaper is Audit firm name

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4 years ago

What are prenuptial contracts?​

What are prenuptial contracts?