the answer is
i just got that question on a test
Answer:
a. Patent development and registration costs incurred in 2020.
Dr Patent 11,200 (only patent registration fees)
Dr Research and development expense 49,600
Cr Accumulated depreciation 6,400
Cr Cash 54,400
b. Legal fees paid in 2021.
Dr Patent 4,800
Cr Cash 4,800
c. Amortization expense in 2021.
Dr Amortization expense 607.50
Cr Patent 607.50
($11,200/20 x 9/12) + ($15,000/20 x 3/12) = $607.50
d. Amortization expense in 2022
Dr Amortization expense 750
Cr Patent 750
Answer:
I), II), IV)
Explanation:
Deferral has a dictionary meaning of halting things for a while up till a certain future event.
Deferral of capital gains tax means not paying the capital gains tax up till the actual sales is made of investments attracting the capital gains tax.
It further helps the investor to focus on returns rather than the capital gains tax to be attracted and paid, which also allows the investment to grow fully.
It is a form of tax benefit to investors thus, it acts as a shelter.
Further, in no terms deferral of capital gains tax shall mean non payment of tax, as once the investment is sold the tax has to be deposited.
Solving this problem is pretty straight forward. We simply
have to find for the product of the fraction of the amount of students that
take on a pass or fail basis and the total population. That is:
expected students = 0.03 * 50 students
expected students = 1.5 students
Answer:
<span>1.5</span>
Answer:
of labor
Explanation:
situations where people are coerced to work for little or no remuneration, often under threat of punishment
