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barxatty [35]
3 years ago
10

If a donor does not request an automatic filing extension for income tax purposes, the donor can obtain one for filing the gift

tax return by filing:
* Form 7004

Form 709

Form 8892

Form 1310
Business
1 answer:
777dan777 [17]3 years ago
5 0

Answer:

The correct option is Form 8892

Explanation:

If you do not request an extension for your income tax return, the Form 8892 is used to apply for automatic extension of time to file Form 709, it is also used as a payment for gift tax return to request an automatic 6-month extension of time to file your federal gift tax return

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Which situation is an example of a person making use of credit?
ivann1987 [24]

An example of a person making use of credit is a business owner takes out a loan to expand and redecorate her offices.

<h3>What is credit?</h3>

Credit is when a person makes use of money he or she does not have in her account. Usually, the person borrows the money from a lender. When a business owner takes out a loan, she is making use of credit.

To learn more about credit, please check: brainly.com/question/27547395

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2 years ago
A certificate or token that represents a fixed quanity of commodity is called
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A project requires many different resources for its execution. thus, a project manager has requested a new part from an out-of-s
Stella [2.4K]
Your answer is:

4 business days
8 0
3 years ago
The office building Donna owned and used for her desk-top publishing business was destroyed by a hurricane. Although the basis o
Anna35 [415]

Answer:

Donna made a realized gain of 8,000 dollars

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Explanation:

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insurance proceeds less replacement cost:

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6 0
3 years ago
Haven Company uses the percentage of receivables method for recording bad debt expense. The accounts receivable balance is $600,
Katena32 [7]

Answer:

Debit Bad debt expense   $19,000

Credit Allowance for doubtful debt   $19,000

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When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.  

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Where a debit that had previously been determined to have gone bad gets settled, debit cash and credit bad debt expense.

Amount that may be uncollectible

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3 years ago
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