Answer:
How will these two transactions affect the control and subsidiary accounts?
Explanation:
the control, account.
Accounts Receivable, will be increased with debit of $7,700
Answer:
A. Gig economy
Explanation:
Gig economy is a job system where organizations and independent workers agree on short-term work contracts. The term Gig means a <em>job for a specific time</em>. The gig economy is growing fast. It is predicted that by 2020, 40m percent of all the workers in the US will be independent contractors.
The advance in technology has helped propel the popularity of the gig economy. Organizations can recruit workers from across the globe. The workers will perform their duties form any location and submit their work through technology.
Examples of workers in the gig economy include.
- Freelancers
- Independent contractors and professionals
- Consultants
- Temps (temporary contract workers)
Interest corporate bonds is taxed as an income tax but can also be tax as capital gain. Usually the interest itself is considered as state income tax. For gain and losses, that's the time it will gain capital gain if the if is redeemed before its maturity stage.
Answer:
A stake in a business is partial ownership or a position in which you stand to gain when the company performs well.
Answer: $5020
Explanation:
The family's income tax savings if the son has no other income and takes a $12,400 standard deduction will be calculated as:
Explanation:
Tax savings from deduction = ($14,000 × 37%) = $5180
Less: Tax on child's taxable income = 10% × ($14,000 - $12,400) = 10% × $1600 = $160
Family's income tax savings = $5180 - $160 = $5020
