Answer:
Revenue and expenses is recorded on Schedule C
Net income is recorded on front page (line 12) of her individual tax return
Explanation:
Courtney records the revenue of her consultancy or business activity as income and records the expenses of her consultancy or business activity for AGI on her Schedule C. She will record her net income given by the diffence between the revenue and expenses
Mathematically.
net income = revenue - expenses
net income = $ (19,500 - 1,500) = $ 18,000
Her net income of $ 18,000 from her consultancy or business activity is recorded on the front page (line 12) of her individual tax return
Answer:true
Explanation:
It refers to the mobile phone being used outside the range of its home network and connects to another available cell network.
Answer:
Outputs of operations management processes are always tangible goods.
Explanation:
Operations management focuses on the production and distribution processes of both goods and services. Its main goal is to improve the efficiency and effectiveness of the processes involved.
When applying operations management o service processes, you must pay attention to how the service is delivered to customers, e.g. procedures, schedules, activities, etc.
Answer:
a) Assets and expenses
Explanation:
As we know that
The debit portion report assets and expenditures side while sales revenue, stockholder equity, and the liability side are reported in the credit portion.
So by above information, we can conclude that the assets and expenses have a normal debit balance, while other options involves both accounts credit balance or one account has a debit balance and the other account has a credit balance
The correct answer is B. A low inflation rate! I hope this helps you!
