Answer:
<u><em>A.</em></u>
<u><em>The loan will be set for a given range, and the bank will establish a rigid payment plan</em></u>
Explanation:
Hope this helps:)
Answer:
Accounts
Wages Expense
Wages Payable
$100,000
$100,000
Explanation:
As the expense is accrued but not paid at the end of 2013. The transaction requires an adjusting entry. This will charge a wages expense and create the wages payable liability. Ultimately on January 3 it will be paid. Wages for the two weeks are $100,000 and the 14 days has been passed for the pay period until year end of 2013.
Answer:
Option ( b ) $57,000
Explanation:
Data provided in the question:
Net income = $300,000
W-2 wages = $120,000
Assets with unadjusted basis = $75,000
Taxable income before the QBI deduction = $285,000
Now,
The QBI deduction for 2019 will be given as 20% of the qualified income i.e the taxable income before the QBI deduction
Therefore,
The QBI deduction for 2019 = 20% of $285,000
= 0.20 × $285,000
= $57,000
Hence,
Option ( b ) $57,000
This would be a customer profile.
Hope this helps.
