20 out of 45 men surveyed liked beef. What percentage of men did NOT like beef? (Round up to nearest %.)

Adelene, who lives in a winter resort area, rented her personal residence for 14 days while she was visiting Brussels. Rent inco

frez [133]

Answer:

a) The effect the rental activity has on Adelene's AGI is $0.

b) The total rental income is less than the total expenses for the year, so the reportable rental income is $0.

Explanation:

a)

particulars amount amount

rental income $5,000

property taxes $3,800

mortgage interest $7,500

utilities $3,700

insurance $2,500

repairs $2,100

depreciation $15,000

total deduction $34,600

AGI $0

Therefore, The effect the rental activity has on Adelene's AGI is $0.

b)

particulars amount

Real property taxes $3,800

mortgage interest $7,500

utilities $3,700

insurance $2,500

repairs $2,100

depreciation $15,000

total expenses $34,600

Therefore, The total rental income is less than the total expenses for the year, so the reportable rental income is $0.

7 0

2 years ago

appraisal report must include a disclosure of the scope of the work that: the client requested at the time of the assignment. th

vredina [299]

Answer:

The correct answer is the appraiser performed in the assignment.

Explanation:

In order to appraise, or evaluate someone's work, the report must include all details of the work performed. Otherwise, how else would that finished job be evaluated? It's important to describe the work done in order to determine how well or how badly the appraiser performed in the assignment, according to the appraisal report.

6 0

2 years ago

seigel co. maintains a defined-benefit pension plan for its employees. at each balance sheet date, seigel should report a pensio

Lemur [1.5K]

Answer: funded status relative to the projected benefit obligation

Explanation:

A defined benefit pension plan is a pension plan type in which the employer promises to pay the worker a lump sum or a pension payment which is based on the earnings history, age and the tenure of service of the worker.

Since Seigel co. maintains a defined-benefit pension plan for its employees. at each balance sheet date, seigel should report a pension asset/liability that will be equal to the funded status relative to the projected benefit obligation.

4 0

2 years ago

During a liquidation, capital deficiency means that at least one partner has a (debit/credit) balance in his or her capital acco

photoshop1234 [79]

During a liquidation, capital deficiency means that at least one partner has a (debit/credit) balance in his or her capital account at the point of final cash distribution, which means that debit ( deficiency means partner has debit in capital).

<h3><u>What is liquidation of capital ?</u></h3>

In the fields of finance and economics, liquidation refers to the process of closing down a firm and distributing its assets among claimants.
It is an occurrence that typically takes place when a business is bankrupt, or unable to make its debt payments on time.
As business activities come to an end, the residual assets are distributed to shareholders and creditors according to the order of priority of their claims. General partners might be dissolved.
The sale of subpar goods at a price below what it would cost the company to produce them or below what the company would want to charge is referred to as "liquidation."

To view more questions on Liquidation, refer to: brainly.com/question/23987428

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7 0

1 year ago

In its first year of operations, Cloudbox has credit sales of $200,000. Its year-end balance in accounts receivable is $10,000,

bulgar [2K]

Answer:

Cloudbox

a) Year-end adjusting entry to estimate bad debts expense:

Debit Bad Debts Expense $1,500

Credit Allowance for Uncollectible accounts $1,500

To record the uncollectible allowance.

b) Current Assets Section of the Balance Sheet:

Cash $14,000

Accounts receivable (net) 8,500

Inventory 22,000

Prepaid Rent 3,000

Total current assets $47,500

Explanation:

a) Data and Calculations:

Credit sales = $200,000

Accounts receivable ending balance = $10,000

Estimated uncollectible accounts = $1,500

Cash $14,000

Accounts receivable (net) $8,500 ($10,000 -$1,500)

Inventory $22,000

Prepaid Rent $3,000

6 0

2 years ago