The answer is D. Total assets decreasing since they're depreciated. But total expenses will increase for sure in order to replace the depreciated equipment.
Answer: All except " LLCs are best for taking venture capital" .
Explanation:
1. The corporations have to pay corporate tax and after that the stakeholders have to pay tax on their dividends. Hence they are subject to double taxation.
2. The number of partners in a general partnerships could be greater than two.
3. In case of LLC and corporations, the entity is considered to separate from its owners. Hence the owners enjoy limited liability benefit.
A record of payroll infornation including computation of gross and net pay, for each employee for the pay period, is called a payroll register
A payroll register is a tool that records each employee's payroll information (gross pay, deductions, withholding tax, net pay, and other payroll-related information) for each pay period and pay date.
TERMS USED IN THIS SENTENCE (33) Accounts Payable Clerk checks payroll for accuracy and produces cash receipts for payroll amounts. Employee checks are drawn from this account and are used only for payroll purposes. Before you can cash your paycheck, you must transfer funds from your general cash account.
A payroll book is a printed or electronic spreadsheet that records key employee payroll information for a specific payroll period. Extension definition. A payroll book helps employers conveniently track employee payroll information.
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When there is an increase in government spending, there will be an increase on the output, price level, and interest rates
<h3>What is a
government spending?</h3>
This refers to the funds injected to the public sector on the acquisition of services such as education, healthcare, social protection, defense etc.
Most time, the effect of an an increase in government spending leads to an increase on the output, price level, and interest rates as it is a method of stimulate demand.
Therefore, the Option A is correct.
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Answer:
The disposal resulted was at D. No gain or loss
Explanation:
The gain or loss on disposal on a fixed asset is calculated by comparing the sales proceeds from disposing off the asset and the carrying value of the asset.
The carrying value of the asset is its net book value which is calculated as follows,
Carrying value = Cost - Accumulated depreciation
If the carrying value is equal to the sales proceeds from disposal, there is no gain or loss.
The carrying value of copy machine was = 45000 - 44000 = $1000
The sales proceeds were also $1000
Thus, gain/loss on disposal = 1000 - 1000 = $0
Thus, there was no gain or loss on disposal.