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3 years ago

What is adjusted gross income?

Business

1 answer:

hichkok12 [17]3 years ago

5 0

Adjusted Gross Income- is an individual total gross income minus specific deductions. hoped i helped

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Problem 9-6A Due to rapid employee turnover in the accounting department, the following transactions involving intangible assets

zheka24 [161]

Answer and Explanation:

The Journal entries are shown below:-

1. a. Research and Development Expenses Dr, $197,900

To Patents $197,900

(To record R and D cost)

b. Patent Dr, $9,895 ($197,900 ÷ 20)

To Amortization expenses-Patents $9,895

(To record the correct error)

Accumulated Amortization-Patent Dr, $9,895

To Amortization expenses-Patents $9,895

2. Goodwill Dr, $3,000

To Amortization Expenses $3,000

(Being Goodwill is recorded)

3 0

3 years ago

To determine whether accounts payable are complete, an auditor performs a test to verify that all merchandise received is record

Leto [7]

To determine whether accounts payable are complete, an auditor performs a test to verify that all merchandise received is recorded. The population of documents for this test consists of all receiving reports.

<h3>What are receiving reports?</h3>

Receiving reposts is a kind of tool that is used to list, document or note all the transaction details of the businesses. It is generally updated and maintained by those employees of the staff who are responsible for receiving or accepting the delivery of goods.

Thus, an auditor runs a test to ensure that every item received is recorded in order to evaluate whether accounts payable are complete. The receiving reports are the population of documents for this test.

Learn more about receiving reports here:

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2 years ago

Rossiter Restaurants is analyzing a project that requires $180,000 of fixed assets. When the project ends, those assets are expe

Leviafan [203]

Answer:

Cash in-flow in the last year.

Explanation:

Salvage value, also known as residual value, is the amount that you receive from sale of Property, Plant, and Equipment at the end of useful life. When computing the NPV of any project, we consider all the relevant cash flows of that project. Since, $45,000 will be received when project ends from sale of Fixed asset, so this figure will be treated as Cash in-flow and discounted.

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3 years ago

Timothy uses a decision-making style characterized by low tolerance for ambiguity and a rational way of thinking. He typically m

Scilla [17]

Answer:

Directive

Explanation:

Under directive style of leadership, a leader's approach is more of commanding and directive in nature in the sense, the leader will assign tasks and issue directions with respect to how those tasks are to be executed.

This approach is more formal and works in an environment where the job of the subordinates does not require specialization. So in such cases, the subordinates need to be guided and commanded in order to avoid uncertainty in task execution.

In the given case, Timothy is focused upon maintaining clarity with respect to direction and the performance of tasks. His leadership style incorporates quick decision making, focusing upon short term targets.

This is an example of directive form of leadership.

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4 years ago

There are more than two types of bachelors’ degrees<br><br> true or false?

Ne4ueva [31]

Answer:yes i googled

Explanation:

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4 years ago