Answer:
a. Annual Electronic Filing Requirement for Small Exempt Organizations (e-Postcard) Form 990-EZ,
Explanation:
The new law Taxpayer First Act requires all tax-exempt organizations with a filing requirement Forms 990, 990-PF, 990-EZ, 990-T and Form 8872 (Section 527 political organizations are now required to e-file their periodic contribution and expenditure reports) to do so electronically .
Form 990-N postcard have been required to e-file through the IRS’ website directly or by using a tax software approved by IRS since its inception.
Answer:
The accounts identified to be adjusted are Smith's Common Stock and Smith's Preferred Stock.
The amount to be recorded is $ 1,200,000 and $ 124,000 respectively.
Explanation:
from the information:
$ 1,200,000 for Investment in Smith's Common Stock and $ 124,000 for Investment in Smith's Preferred Stock.
The investment account includes the fair value of Consideration in form of the fair value of both types of stocks, common stock and preferred stock.
Answer: Designing, analyzing, and altering plans, prototypes, or structures.
Explanation: Ensuring building plans, prototypes, and structures are operating safely, efficiently, and reliably. Assisting team members with project objectives, budgets, and timelines. Establishing project goals.
The answer is either B or C. I think it may be C.