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Sever21 [200]
3 years ago
14

At the preston company, purchases are recorded at net amounts. on august 5, $40,000 worth of merchandise was purchased on accoun

t for terms of 2/10, n/30 and recorded for $40,000. $3,000 of this merchandise was returned, and the account was credited for $3,000. to reflect the net amount, accounts payable should be adjusted by
Business
1 answer:
Julli [10]3 years ago
8 0
Nekaozizb. A69291984 towiJb f f 18835!5. Wooziness r8289192 01948 02845
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Kin based societies, headed by hereditary leaders or priests with the powers such as ceremonial and labor organization, land use
ollegr [7]

Answer:

Chiefdoms

Explanation:

Kin based societies, headed by hereditary leaders or priests with the powers such as ceremonial and labor organization, land use supervision, and resource distribution are known as Chiefdoms

Chiefdoms are forms of hereditary political organization that is usually based on kinship, in which power is left in the hands of the most senior members of the royal family or selected ruling families. They also exercise economic powers of resource distribution.

3 0
3 years ago
Corporation and limited liability (limited partnership) company taxed twice.
alekssr [168]

Option[A] is the correct answer.

Corporation and limited liability (limited partnership) company taxed twice.

Before any earnings may be distributed to shareholders, the corporation must pay income tax at the corporate rate. Any gains that are then dispersed as dividends to shareholders are again taxed at the recipient's individual rate. The company profits are thus subject to two separate income tax rates.

<h3>What is Double Taxation?</h3>

When business profits are taxed both at the corporate and personal levels, C corporations are subject to double taxation. Before any earnings may be distributed to shareholders, the corporation must pay income tax at the corporate rate. Any gains that are then dispersed as dividends to shareholders are again taxed at the recipient's individual rate. The company profits are thus subject to two separate income tax rates.

To know more about 'Double Taxation', visit: brainly.com/question/15869439

#SPJ4

8 0
1 year ago
Overdraft protection means the bank will protect your funds from excessive taxation.
Varvara68 [4.7K]
The correct answer is (a.) True. Overdraft protection means the bank will protect your funds from excessive taxation. This protection is most likely to be offered by small business since it helps them to gain additional income fees.
5 0
3 years ago
Read 2 more answers
The rule of supply and demand applies to all careers.<br> O True<br> O False
Sergio039 [100]

Answer:

True

Explanation:) hope this helps

Supply and demand affect career wages. A job that is in demand is a job with a good outlook. Everyone should try to be an NFL quarterback because they earn so much money.

6 0
2 years ago
You're prepared to make monthly payments of $310, beginning at the end of this month, into an account that pays 4 percent intere
umka2103 [35]

Answer:

59 Payments

Explanation:

Future value = $20,175

Monthly payment= $310

Interest rate= 4%/12 = 0.3333% per month

How many payments will you have made when your account balance reaches $20,175?

Now we use Ms Excel to calculate the number of payment

Number of payment = N(FV, -PMT, I/Y)

Number of payment = N(20,175 , -310 , 0.3333%)

Number of payment = 58.9989

Number of payment = 59.

8 0
3 years ago
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