Answer:
$65,000
Explanation:
Calculation to determine how much income does Joe Harry report if Joe's S Corporation, earned Using the specific identification allocation method
Using this formula
Income=Amount earned*Interest rate
Let plug in the formula
Income=$260,000 × 25%
Income= $65,000
Therefore Using the specific identification allocation method how much income does Joe Harry report if Joe's S Corporation, earned will be $65,000
Answer:
mc=mr
Explanation:
This is because in economics, the profit maximization rule is represented as MC = MR, where MC stands for marginal costs, and MR stands for marginal revenue. Companies are best able to maximize their profits when marginal costs -- the change in costs caused by making a new item are equal to marginal revenues............................
Answer:
science, technology, engineering, mathematics
Answer:
C. The Federal Trade Commission
B. As soon as they have disposable income
Explanation:
I think your answer would be B: Journal.
Adjusting entries are journal entries recorded at the end of an accounting period to alter the ending balances in various general ledger accounts. These adjustments are made to more closely align the reported results and financial position of a business with the requirements of an accounting framework, such as GAAP or IFRS. This generally involves the matching of revenues to expenses under the matching principle, and so impacts reported revenue and expense levels.