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Yuri [45]
3 years ago
12

Amanda works as an industrial designer. Her adjusted gross income (AGI) is $60,000. Her gross pay is reduced by $300 to arrive a

t this amount. What is this amount of $300 called? A. credit B. expense C. deduction D. tax
Business
2 answers:
oksano4ka [1.4K]3 years ago
6 0

Answer:

Deduction

Explanation:

If Amanda's adjusted income is $60,000 after her gross pay is reduced by $300 to arrive at the amount, this means her initial pay is equal to adjusted income + reduction in gross pay i.e

Initial pay = $60,000+$300

Initial gross pay = $60,300

This initial gross pay is reduced by $300 to arrive back at $60,000 and since there is a reduction in the amount by $300 in the gross pay, this amount of $300 reduction is known deduction since deduction means removal of a particular amount of money (which is always a small amount of money compare to the gross) from a gross pay

IRISSAK [1]3 years ago
3 0
C because it is deducting money
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