Well that is debatable. Are your subjects humans? Animals? Insects? Not in clinical studies unless the subject is fully informed and signs a consent form.
Answer:
Taxable income = Gross income - Total operating expenses - Depreciation
= 500,000 - 400,000 - 60,000
= $40,000
Federal corporate income tax rate in 2017 was 35% so income taxes are;
= 40,000 * 35%
= $14,000
Answer:
The correct answer would be, Credit always goes on the right side.
Explanation:
General Ledger is the set of accounts that businesses keep and maintain to have a record of their financial transactions. These ledger accounts help the accountants to make the financial statements and reports of the organization. Each account contains full detail about the specific account title. For example there would be a general ledger of Cash and this ledger will record all cash related transaction, and in the end will tell you the balance of cash account.
The format to write the ledge is to make a T account, and write Debit on the left side and credit on the right side, and record the transactions.
Simple, because simple interest is a quick and easy tansaction
Since 1969, the economic growth in Hongkong has been greater than in the United States. Although both have been showing improvement and development when it comes to economic growth, Hongkong gave their best by devoting a bigger fraction of its resources to accumulating capital. Hongkong's production possibilities then have expanded more quickly. By 2009, the performance of Hongkong's economy has been promising for statistics states that the production possibilities of per person in the said country had reached 94 percent than in the United States. Another proof that Hongkong has been doing good is, it is considered as one of the world's leading financial centers. It boasts of its low taxation, almost free port trade and well established international financial market through its service-oriented economy.
