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Llana [10]
3 years ago
14

Deductions for AGI may be locatedAnswers:on Schedule C as a deduction.on the front page of Form 1040.on Schedule E as a deductio

n.All of the above are true.
Business
1 answer:
storchak [24]3 years ago
6 0

Answer:

The correct answer is letter "D": All of the above are true.

Explanation:

Adjusted Gross Income or AGI is a term from the Internal Revenue Code that refers to a number used on the Form 1040 U.S. individual income tax return. It is used to determine a person's income taxes due. It actually subtracts all allowable deductions from that person's gross income. Those deductions can be located in both Schedule C and E of the IRS From 1040.

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The process of formalizing acceptance of the completed project deliverables is also known as Validate Scope.
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4 years ago
_____ makes it illegal to refuse to rent to a person who is disabled.
const2013 [10]
The appropriate response is the Civil Rights Act of 1968. It is a milestone part of enactment in the United States that accommodated break even with lodging openings paying little mind to race, religion, or national starting point and made it a government wrongdoing to "by constrain or by danger of compel, harm, scare, or meddle with anybody by reason of their race, shading, religion, or country.
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3 years ago
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An entrenpeneur knits sweaters for sale. The entrenpeneur has fixed costs of $100. When he makes 10 sweaters in one month, he mu
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Answer:

marginal cost = $2

Explanation:

given data:

cost on wool when 10 sweater made in one month = $15

cost on wool when 11 sweater made in one month = $17

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In case of no other cost present, marginal cost is given by

Marginal cost = cost of eleven sweaters - cost of ten sweaters

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8 0
3 years ago
Ana Co. uses the allowance method to account for bad debts. At the end of the period, Ana's unadjusted trial balance shows an ac
Afina-wow [57]

Answer:

A. $800

Explanation:

Ana Co.

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Allowance for doubtful accounts   $300  Credit

Bad Debts Expense = 2 % of $ 40,000=   $  800          

The adjusting entry would be

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As we already have a credit balance of $ 300 in the doubtful accounts we will increase it with an amount of $ 500.

Allowance for Doubtful Accounts $ 500 Debit

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6 0
3 years ago
Mike and David signed a loan agreement together to borrow money for a boat. If David leaves town and cannot be found, what happe
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<span>I this case, the loan is still valid and at that point Mike would be responsible for finding a way to pay the loan back as agreed upon in the contract. This is called co-signing, when two parties both sign for a loan together. Both parties are responsible for the loan and even though David cannot be found, the loan must still be paid and Mike would be held responsible for this.</span>
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