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Sindrei [870]
3 years ago
8

The __________ is a listing of all the balance sheet and income-related accounts

Business
1 answer:
fenix001 [56]3 years ago
8 0
<span>Answer : Chart of accounts Explanation: A chart of accounts (COA) is a created list of the accounts used by an organization to define each class of items for which money or the equivalent is spent or received. It is used to organize the finances of the entity and to segregate expenditures, revenue, assets and liabilities in order to give interested parties a better understanding of the financial health of the entity.</span>
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Julie Brown is a single woman in her late 20s. She is renting an apartment in the fashionable part of town for $1,000 a month. A
Yakvenalex [24]

Answer:

a. Julie should continue live in her own apartment.

b. She should then purchase the condo

c. Home maintenance cost and tax benefit.

d. She should live in her own apartment and rent the condo after purchase.

Explanation:

Buying cost of condo $175,000

Loan interest amount  $8,400 [ $175,000 * 80% * 6%]

Insurance premium $10  [560 - 550]

Property taxes $1,000

Maintenance expense $875  [$175,000 * 0.5%]

Total additional cost per year $10,280

If Julie plans to buy the condo she will have to incur additional cost of $10,280 per annum.

b. If the price of condo increases by 3.5% per year then she should consider buying the condo.

5 0
3 years ago
On January 1, 2021, the Blackstone Corporation purchased a tract of land (site number 11) with a building for $740,000. Addition
yawa3891 [41]

Answer:

The answer is given below;

Explanation:

Land Account As at September 30,2022

                                                      Amount in $

Land Value                                    570,000

Broker Commission                        50,000

Legal Fees                                          8,000

Title Insurance                                  25,000

Cost of Razing                                  89,000

Total                                                742,000

Office Building-Total Cost            Amount in $

Contract price to barnett                  4,400,000

Plans and Blueprint                               26,000

Design and Supervision                        98,000

March-December 2021

Borrowing Costs 1,040,000*12%*9/12   93,600

January-September 2022

Borrowing Costs 3,000,000*12%*9/12   270,000

Total Cost                                                4,887,600          

             

4 0
3 years ago
Assume you short sell 100 shares of IBM common stock at $125 per share. If the initial margin is 70%, what is the amount that yo
zhuklara [117]

Answer: d) $8750

Explanation:

The Cash buffer is also the margin of the total value of the stock.

= Initial margin * Investment value

= 70% * (125 * 100)

= 70% * 12,500

= $8,750

3 0
3 years ago
when reviewing their accounts, the yanos company discovered that in the previous year there had been improper treatment of tax l
natka813 [3]

The Yanos Company found that the prior year's tax liabilities had been handled incorrectly after reviewing their books. They'll now have to make accounting adjustments. An example of modifications brought on by an error is this.

A person who is able to adjust to changes in their physical, occupational, and social environment is said to be in a state of adjustment. Adjustment, then, is the behavioral process of balancing opposing demands or needs that are hampered by environmental challenges. Both people and animals regularly adapt to their surroundings. For instance, they eat to sate their hunger when it is triggered by their physiological state, which allows them to respond to the hunger stimuli. An failure to respond normally to a need or stress in the environment is a sign of adjustment disorder.

To have a life of high quality, adjustment must be successful. People who have trouble adjusting are more prone to experience clinical anxiety.

Learn more about books here

brainly.com/question/28339193

#SPJ4

7 0
11 months ago
Using the logic of the two-sided search model, compare the impact on the economy of government spending on education and apprent
Inga [223]

Answer:

Recent changes in American public assistance programs have emphasized the role of work. Employer subsidies such as the Work Opportunity Tax Credit (WOTC) and the Welfare-to-Work Tax Credit (WtW) are designed to encourage employment by reimbursing employers for a portion of wages paid to certain welfare and food stamp recipients, among other groups. a simple dynamic search model of employment subsidies was developed and then test the model’s implications for the

employment outcomes of WOTC- and WtW-subsidized workers. The model predicts that subsidized workers will have higher rates of employment and higher wages than equally productive unsubsidized workers, and it highlights some possible effects of the subsidy on job tenure. predictions was tested using a unique administrative data set from the state of Wisconsin. These data provide information on demographic characteristics, employment histories, and WOTC and WtW participation for all welfare and food stamp recipients in the state for the years 1998 -2001. from those of eligibility.

The employment, wage, and job tenure effects of the WOTC and WtW using propensity score was estimated.

The estimation the effects of the Work Opportunity Tax Credit (WOTC) and the Welfare to Work Tax Credit (WtW) on employment outcomes of disadvantaged workers. These credits offer

subsidies to firms that hire individuals who may otherwise have difficulty finding jobs, such as certain welfare recipients, disadvantaged youth, and disabled individuals. Past work on previous employer-based credits found weak or even nonexistent employment effects, which resulted in the elimination of these

subsidies. The WOTC has been reauthorized four times since its implementation in 1996, and the WtW three times since its implementation in 1998, yet no study has carefully examined their effectiveness.

An analytical model of the WOTC and WtW were developed that allows workers from the same population to be paid different wages based on their value to the particular firms in which they are

employed. I also incorporate a binding minimum wage, which results in some long-term unemployment.

Finally, wages and employment status to change over time as employers learn about workers’ productivity in their firm. This dynamic element is essential to the model, since predictions about wage trajectories and job tenure cannot be made based on a static model. For example, concerns that

disadvantaged workers will end up in short-term, low-paying jobs cannot be addressed analytically without a model that allows changes in employment status over time. This gradual learning treats job matches as “experience goods” whose value cannot be determined ex ante.

Flinn (2003) introduces a minimum wage and investigates its effects on labor market outcomes and welfare in a search framework. Flinn incorporates the possibility of wage bargaining, and analyzes the effects of the minimum wage under different levels of worker bargaining power. Adding bargaining power to the model allows him to relax Jovanovic’s assumption that workers are always paid their (expected) marginal products; this is an important consideration if firms in certain markets are able to extract some rents from workers and pay wages closer to the reservation wage.

However, Flinn’s mode assumes that there is no uncertainty about productivity, even at the time of hire. In the context of the low wage labor market, in which employers might perceive some risks of hiring inexperienced workers, this assumption is restrictive. I therefore develop a model that maintains the bargaining and minimum wage

aspects of Flinn’s model but incorporates a simple form of uncertainty based on Jovanovic (1979), allowing job matches to be characterized as experience goods. This hybrid model is extended to include wage subsidies for a particular subset of workers.

7 0
3 years ago
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