<span>Adina deposits $1,000 in the bank. The bank can then use her savings to make loans to/for investors. </span>
Answer:
the product could not sell
the product could be poorly received/rated
the product could put your company into debt
if the product got bad reviews that looks bad for your business
Explanation:
Answer:
a. Accounts Payable <em>Liability</em>
b. Cash <em>Asset</em>
c. Common Stock <em>Equity</em>
d. Accounts Receivable <em>Asset</em>
e. Rent Expense <em>Equity</em>
f. Service Revenue <em>Equity</em>
g. Office Supplies Asset
h. Dividends <em>Equity</em>
i. Land <em>Assets</em>
j. Salaries Expense <em>Equity</em>
Explanation:
<em><u></u></em>
<em><u>Assets:</u></em>
The assets will be the property, plant and equipemnt owned by the company or the right or claim it has on third party to provide cash in favor of the company (accounts receivables) or services ( prepaid insurance)
<em><u>Liabilities:</u></em>
Will be debt or obligation to do taken from the company in exchange of soemthing
<em><u>Equity:</u></em>
The equity will represent the investment of the owner plus the accumualted earning thus, the revenus and income have impact on equity.
National Sales Tax and Flat Tax are two major plants that are considered by Congress to fix the tax code. Either of the two will do but they both will do the following:
Both taxes will restore the principle of fairness to the tax system because both will treat all taxpayers equally.
Both taxes will replace today's discriminatory tax structure with a single low rate.
Both taxes will eliminate the current tax code's bias against savings and investments, and promote a kind of capital formation that will boost workers' incomes and raise long-term economic growth.
In collecting said taxes, fewer personnel and paperwork will be needed, resulting to a downsizing of IRS bureaucracy and saving billions of dollars in compliance cost per year.
Despite their differences, both taxes have the fundamental principle that all income should be taxed at one low rate and only one time, and the collection of tax should be done in the least intrusive way possible.