Answer:
$24,396
Explanation:
The total of accounts written off for 11 months can be calculated by subtracting the November 30 balance from the total of beginning balance
Bad debt - Bad debt written off
= Allowance for bad debts + bad debts expense - Allowance for bad debts account as at November 30, 2019
= $13,049 + $21,058 - $9,711
= $24,396
She is permitted, according to the applicable tax legislation, to donate $30 000.
This is further explained below.
<h3>How much can Sue's mother give under current tax laws?</h3>
In most cases, Sue's mother is able to pay Ken the first fifteen thousand dollars and then proceed to give Sue the remaining fifteen thousand dollars. Because Sue's mother gave this to her, there will be no tax placed on it because it is considered a gift.
The act or process of passing tax laws, as well as the body of laws that allow for the levying of taxes and the administration of taxes, are together referred to as tax legislation.
Any object or document that is verifiable and that is frequently accepted as payment for goods and services as well as the repayment of obligations, such as taxes, in a given nation or socio-economic setting is considered to be money in that nation.
In conclusion, Sue's mother and father could give Ken and Sue a gift of $15,000 each, bringing the total amount of money they give to each of them to a grand total of $60,000 each.
Read more about tax laws
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Answer: C. a positive externality.
Explanation:
The positive externality refers to actions that directly or indirectly present benefits to society. Sometimes these activities are paid for third parties, likewise, it can be seen that each action that is carried out, however small, will have effects on people (society) causing a positive externality.
For example, in the case of the neighbor, there is a positive externality, since his ability with the garden gives the neighborhood a nice touch, although some plants are not liked by some neighbors, you can see different and beautiful things in the neighbor's garden, and this benefit is being obtained at no cost to others since the person who invests is a person and the others also enjoy the benefits of it.
<em>I hope this information can help you.</em>
Answer:
Unreachable
Explanation:
Unreachable segment or market is the one, where the firm or the organization is unable to sold their goods and services and could earn profit out of it.
So, even though the firm has developed the product and the service, which also addresses or has the needs of the particular, segment of substantial market, then their efforts might fail if the segment or the market is unreachable for them, because they could not able to sold their products.
Answer:
A) $930
B) $930
C) See explanation
Explanation:
A) Since Jeremy spends by purchasing products from Michele, Michele earns an income. As there are no further activity, the economy's income is $930.
B) Since Jeremy spends by purchasing products from Michele, Jeremy pays money. As there are no further activity, the economy's expense is $930.
C) There is a relationship between income and expenses in an economy. That relationship is called the consumption factor. If people earn money, they tend to spend that money. In an economy, someone's income may include another person's expenditure. An example can show the relationship in a better way -
If Mary earns money by providing services, it will be her income and also the economy's income. As another person pays fees for the services, it will be the customer's expense and also the economy's expenditure.
