650.
Whenever we credit or debit a transaction, it is ALWAYS in equal amounts. It does not matter whether the revenue is not yet received, as accounting is governed by the accrual concept.
It is not relying on the work of others is the required answer.
Explanation:
Under Circular 230, a practitioner must exercise due diligence in preparing tax returns which would include,
- in preparing or assisting in the preparation of approving and filling tax returns, documents, affidavits and other papers relating to internal revenue service matters
- in determining the correctness of oral or written representations made by the practitioner to the Department of the Treasury.
- In determining the correctness of oral and written representation made by the practitioner to clients with reference to any matter administered by Internal Revenue Service
- A practitioner will be presumed to have exercised due diligence for purpose of this section. If the practitioner relies on work product of another person and the partitioner used reasonable care in engaging, supervising , training and elevating the person, taking proper account of the nature of relationship between the practitioner and the person except as provided in $$10.34,10.35.
- therefore it is not relying on the work of others is the required answer.
Answer:
Marginal cost of eleventh ring tone = $1
Explanation:
Given:
Cost of 10 ringtone = $15
Cost of 11 ringtone = $16
Find:
Marginal cost of eleventh ring tone = ?
Computation:
Marginal cost = change in cost / change in quantity
Marginal cost of eleventh ring tone = change in total cost / change in number of ringtone
Marginal cost of eleventh ring tone = ($16 - $15) / (11 - 10)
Marginal cost of eleventh ring tone = $1 / 1
Marginal cost of eleventh ring tone = $1
Most of the time required to maintain an e-commerce site is spent on general administration and making changes and enhancements to the system.
Demanding situations in constructing a a hit e-trade presence? so as from beginning to give up, the fundamental steps. structures analysis/planning; structures layout; constructing the device; checking out; and implementation.
All the following are easy steps for optimizing web page content material that could lessen reaction times except: segmenting computer servers to carry out committed functions. Which of the subsequent is the minimal system structure requirement for an e-trade website that
E-commerce is the shopping for and selling of goods and services, or the transmitting of finances or facts, over an electronic community, basically the internet. The negative aspects of e business includes the lack of interpersonal relations between clients and commercial enterprise enterprise as they do not know about the bodily lifestyles of each different and it isn't always suitable wherein consumer requires personalised services. protection is a chief challenge in pursuing e-commerce sports.
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Answer:
To Investment i.e available for sale $18,000
To Gain on sale of an investment $2,000
Explanation:
The journal entry for the sale of the bond is shown below:
Cash Dr $20,000
To Investment i.e available for sale $18,000
To Gain on sale of an investment $2,000
(Being the sale of the bond is recorded)
For recording this we debited the cash as it increased the assets and credited the investment and gain on sale of investment so that the proper posting could be done