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4 years ago

From the following list, identify those that are likely to serve as source documents. (You may select more than one answer)

Business

1 answer:

cupoosta [38]4 years ago

7 0

Answer:

(A) Sales ticket

(D) Telephone bill

(E) Invoice from supplier

(I) Prepaid insurance

Explanation:

The source document support the transaction that will be entered in the accounting system.

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Bottle bills, legislation that requires a deposit and then allows consumers to return bottles and cans to stores after use and r

lyudmila [28]

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The answer to your question is - successful in reducing roadside waste and conserving materials.

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3 years ago

Ramon, a single taxpayer with no dependents, has adjusted gross income for 2021 of $98,000 and his itemized deductions total $9,

Nutka1998 [239]

The taxable income will Ramon show in 2021 is $89,000

What is taxable income?

The taxable income of a taxpayer means the income upon which tax would be charged in the tax year, it is determined as the adjusted gross income minus the itemized deductions of the taxpayer.

The itemized deductions means those amounts due to legal pronouncements, which have been exempted from taxes, which means , they need to be deducted from the taxpayer gross earnings before tax computation.

It is the tax authority way of providing succor to taxpayers by granting certain exemptions.

Taxable income=adjusted gross income- itemized deductions

Taxable income=$98,000-$9000

taxable income=$89,000

Find out more about taxable income on:brainly.com/question/11734493

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2 years ago

should i agree or diagree with You should not have to work with people who cannot make themselves understood.

kogti [31]

Agree because you do not have to do anything, it’s your choice to work with them or not.

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3 years ago

Managers at Eller Manufacturing are considering purchasing a new refrigerated delivery truck that Adaptive Practice Managerial,

juin [17]

Answer:

C) 10%

Explanation:

($144,000 + $12,780)/$36,000 = 4.355

6 0

4 years ago

Recently, a certain bank offered a 5-year CD that earns 3.26% compounded continuously. Use the given information to answer the q

Maru [420]

Answer:

a. The CD will worth $35,311 in five years.

b. It will take 12.44 years for the account to be worth $45,000.

Explanation:

a) If $30,000 is invested in this CD, how much will it be worth in 5 years?(Round to the nearest cent.)

This can be determined using the formula for calculating the future value (FV) compounding formula as follows:

FV = PV * e^(rn) ................................... (1)

FV = Future value in five years = ?

PV = Present value of amount invested = $30,000

e = Mathematical constant approximated as 2.7183

r = Interest rate = 3.26%, or 0.0326

n = number of years = 5

Substituting the values into equation (1), we have:

FV = $30,000 * 2.7183^(0.0326 * 5)

FV= $35,311

Therefore, the CD will worth $35,311 in five years.

(b) How long will it take for the account to be worth $45,000?(Round to two decimal places as needed)

Also, using equation (1) part a, we have:

FV = Future value in n years = $45,000

PV = Present value of amount invested = $30,000

e = Mathematical constant approximated as 2.7183

r = Interest rate = 3.26%, or 0.0326

n = number of years it will take to have $45,000 = ?

Substituting the values into equation (1), we have:

$45,000 = $30,000 * 2.7183^(0.0326 * n)

$45,000 / $30,000 = 2.7183^(0.0326 * n)

1.50 = 2.7183^(0.0326 * n)

Loglinearise both sides and solve for n, we have:

Log(1.50) = (0.0326 * n)Log(2.7183)

0.176091259055681 = 0.0326 * n * 0.434297385124509

0.176091259055681 = n * 0.014158094755059

n = 0.176091259055681 / 0.014158094755059

n = 12.44 years

Therefore, it will take 12.44 years for the account to be worth $45,000.

6 0

3 years ago