Answer:
d. debit to an expense account and a credit to an asset account.
Explanation:
When a prepayment is made, the entries recorded are Debit prepaid expense and credit Cash account to recognize the amount prepaid.
As time passes and the expenses are incurred, the entries required are debit expense account and credit prepaid expense (an asset) with the amount of the expense incurred as a result of the passage of time.
Federal Income tax is paid back later, it is a tribute that taxes the income of natural persons in the United States. It is applied by the Federal Government and it is returned if the tax they owe is less than the sum of the total amount of the withholding tax and the estimated taxes they pay.
Answer:
B. The trend between the present and future values of an investment
Answer:
For the salesman to more lucrative, the yearly business should be greater than $142857.1429.
Explanation:
let $x be the yearly business that the salesman must do
35,000 + 22%x > 45,000 + 15%x
7x/100 > 10000
7x > 1,000,000
x > $142857.1429
Therefore, for the salesman to more lucrative, the yearly business should be greater than $142857.1429.
The answer to this question is political.
Political differences tend to influence people attitude's toward authorities and big business. For example, due to political differences, company usually need to pay more expense in taking care environment in western europe compared to countries like india or china
