Answer:
B) USD 317,000/-
Explanation:
By adding reported values and subtracting payable we will get a derivation like below:
= 220,000+50,000+10,000+30,000-1000+8000
= USD 317,000/-
Answer:
E. They will receive several tax deductions
Explanation:
Certain "reasonable and necessary" adoption related expenses are quantifiable for tax deductions, such as:
- Court costs
- Attorney's fees
- Traveling expenses related to the adoption
- Certain other costs directly related to the adoption process
A) increase the efficiency of gift-giving because they allow the recipient to consume goods that provide greater utility and transfer away those goods that are less satisfying.
Utility is the satisfaction that a consumer gets from a good or service, and picking the items that they want themselves provides the best efficiency of choosing goods.
<u>Answer:</u> Inventory larceny scheme
<u>Explanation:</u>
Inventory of the firm is an asset which the employees mishandle by selling it to the third parties without the knowledge of the owner. Inventory larceny scheme means the employees takes the stock from the business and does not record the theft in the accounts of the business.
Ben Rogers and Dawn have involved themselves in Inventory larceny scheme where they take goods such as watches, fishing reels and sporting goods out of the inventory by selling it to third parties and make income for personal benefit.
Answer:
Y and X
Explanation:
Product Additional Additional Costs Difference Decision Revenues
W 40000 60000 -20000 Sell Now
X 8000 4000 4000 Process On
Y 100000 32000 68000 Process On
Z 4000 20000 -16000 Sell Now
