1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Pie
3 years ago
5

Business personal property rendition of taxable property. True or False

Business
1 answer:
Lunna [17]3 years ago
6 0

Answer: True

Explanation: Business personal property rendition of taxable property, the rendition for business personal property is a form that provides a District with descriptive information, cost, location and acquisition dates for a personal property owned by an individual. The information are used by the District to estimate the market value for tax evaluation.

You might be interested in
What is debit? And what is credit?​
Shtirlitz [24]
What exactly are debits and credits? In a nutshell, debits (dr) record all money that flows into an account, while credits (cr) record all money that flows out of an account.
5 0
2 years ago
Which type of data do researchers collect the personal interviews?
STALIN [3.7K]

Answer:

The correct answer is "Face-to-face interviews".

Explanation:

  • Face-to-face surveys or interviews are an important way of gathering information used throughout survey methodology.
  • Throughout these interviews, research teams are collecting location information from participants across one cooperation or bonding. This method of collecting information seems to be unique or even just highly personalized.
7 0
3 years ago
On October 1, 2022, Ivanhoe Company places a new asset into service. The cost of the asset is $87500 with an estimated 5-year li
Dimas [21]

Answer:

$3150

Explanation:

Given:

Cost of the asset purchased = $87500 (on 1st October. 2022)

Salvage value at the end of its useful life = $24500

Useful life estimated = 5 years

Question asked:

What is the depreciation expense for 2022 if Ivanhoe Company uses the straight-line method of depreciation?

Solution:

<u>As we know:</u>

Straight-Line\ Depreciation\ Expense=\frac{Cost\ - Salvage\ Value}{Useful\ Life\ of\ the\ Asset}

                                                               =\frac{87500-24500}{5} =\frac{63000}{5} =12600

Depreciation expenses per year = $12600

But we have to find depreciation expenses for 2022 for:-

From 1st October, 2022 to 31st December, 2022 = 3 months.

<em><u>Straight-Line Depreciation Expense for Partial Year = </u></em>

<em><u /></em>D\times\frac{N}{12} \\\\ D=Depreciation\ expense\ for\ a\ complete\ year.\\N= Number\ of\ months\ during\ which\ the\ fixed\ asset\ was\ available\ for\ use

Depreciation Expense for 3 months = 12600\times\frac{3}{12} =\frac{37800}{12} =3150

Therefore, the depreciation expense for 2022 if Ivanhoe Company uses the straight-line method of depreciation is $3150.

                                                             

5 0
3 years ago
Help me really quick!
lana [24]
Answer for the photo is on Xtiny/5G
3 0
3 years ago
The placement of an employee in another job for which the duties, responsibilities, status, and remuneration are approximately e
soldier1979 [14.2K]
The placement of an employee in another job for which the duties, responsibilities, status, and remuneration are approximately equal to those of the previous job is known as a: transfer. Sometimes a lateral
8 0
3 years ago
Other questions:
  • A monopoly is considering selling several units of a homogeneous product as a single package. a typical consumer's demand for th
    6·1 answer
  • Factors that affect the elasticity of demand for labor include all of these except:
    14·1 answer
  • Michelle always drives down hampton avenue to go to the work. one morning michelle discovers that hampton avenue is closed at wo
    10·1 answer
  • A seller uses a perpetual inventory system, and on April 17, a customer returns $1,000 of merchandise previously purchased on cr
    12·1 answer
  • You have been appointed head of marketing for Barry's Younique Yachts. Barry, the CEO, is interested in determining whether offe
    13·1 answer
  • If the government wants to minimize the deadweight loss of taxation, which of the following items are good candidates for an exc
    15·1 answer
  • The Food and Drug Administration (FDA) announced yesterday that they would approve a new cancer-fighting drug from Pharma Compan
    10·1 answer
  • Norwall Company’s budgeted variable manufacturing overhead cost is $3.00 per machine-hour and its budgeted fixed manufacturing o
    7·1 answer
  • Mention two factors that influence the supply of the product
    13·1 answer
  • A recent trend has seen cities opt to leave the stadium management business and either allow the team or a third party (e.g., AE
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!