Answer:
the allowance for doubtful account balance is $28,000
Explanation:
The computation of the allowance for doubtful account balance is given below:
Allowance for Doubtful Doubts Balance
= Beg Balance + Bad Debt Expense - Accounts written off
= $18,000 + (2% of $1,500,000) - $20,000
= $18,000 + $30,000 - $20,000
= $28,000
hence, the allowance for doubtful account balance is $28,000
Answer:
The correct answer is (d) high perceived organizational support.
Explanation:
High perceived organizational support can be defined as an employees' perception of the degree to which the organization or firm they work for values their input and cares for their overall well being.
Stinson has displayed a high level of organizational commitment, illustrated by her willingness to work on multiple geographical locations and over the weekend. Additionally, she exhibits characteristics of high job involvement which refers to an employee's ability to identify herself/himself with her/his job and derive satisfaction from her/his job, this can easily be seen through Stinson's enthusiastic and unquestionable work ethics.
Therefore,Stinson's assumes that since she has put in so much effort by working across the globe and over the weekends, the organization would be inclined to acknowledge her need for a rest. She anticipates this decision on the basis that the organizations genuinely care about her welfare. We can also safely conclude that she has little if any interest in whistle-blowing since she believes the organization has her best interest at heart.
Answer:
The customer's tax basis is:
$20,000.
Explanation:
The non-recourse notes of $20,000 do not provide basis for the customer's tax. Since the partnership cannot recover beyond the secured property, a non-recourse note is not a qualified basis. IRS Section 752 rules apply to non-recourse liabilities. A non-recourse note provides the basis for partnership distributions but generally do not provide basis for at-risk rules.
Answer:
The answer is "$250"
Explanation:
In 2020 they can deduct up to 100% of the gross income from the charitable contribution for a qualifying charitable organization, up to a maximum of $ 300, while our money contribution was just $ 250, so you only allow $ 250 to the non-particular deduction - over the charitable donation line throughout 2020.
Answer: False
Explanation:
The statement that "Paul Krugman argues that although strategic trade policy looks unappealing in theory, in practice it is most likely to be workable" is false.
According to Paul Krugman, a strategic trade policy will be captured by the special-interest groups that are within the economy and this will bring about it's distortion and therefore it's unlikely to be workable.
