C because when you want something less they make it cheaper hoping you’ll want it more. McDonald’s coffee is cheaper then Starbucks making it a bargain and poor people want it
Answer: A. As Expenses
B. No treatment.
Explanation:
A. The $100,000 was not structured and a loan so it will be accounted for as EXPENSES. This means that it will be deducted from the Income for the year from Calhoun's books.
B. A C Corporation is by definition taxed SEPARATELY from it's owners in the United States of America. Seeing as both Corporations were C Corporations, Jonathan as the owner of both companies need not worry about how he should treat the $100,000 payment as he will not ne taxed on it.
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Answer:
A programmer anticipated a positive whole number, and the user input a negative decimal value.
Explanation:
Edge : )
Answer:
The amount of net income is $45,000
Explanation:
The computation of the net income is shown below:
= Total assets - Liabilities - stockholder equity
= $200,000 - $75,000 - $80,000
= $45,0000
By using the accounting equation, the total assets equal to the total liabilities and stockholder equity
In mathematically,
Total assets = Total liabilities + stockholder equity
But in the given question, the amounts are not equal to each other, so the difference should be termed as net income