1. keep a good track record of business expenses.
2. know which expenses can be deducted.
(THE FOLLOWING 3-9 ARE FULLY DEDUCTIBLE EXPENSES!!)
3. Fees, dues, and subscriptions.
4. Advertising, marketing, and promotion.
5. Labor.
6. Benefits, continuing education, or training.
7. Other insurance.
8. Office equipment and supplies.
9. Rent, Utilities, and Phones.
10. (These could be deductible )
Gifts, Meals, and Entertainment.
11. SPLIT PERSONAL AND BUSINESS EXPENSES
12. Home office, and mileage.
I hope i could help! good luck :)
Depending on the location if the house and how much you want to sell it for. Just make sure basic things such as Holes in wall’s are fixed or more noticeable details. Otherwise if the house is in good shape and appliances, heating, water are all fine then not a lot.
Answer:
The journal entry to be recorded for the payment of the note on date of maturity is shown below:
Explanation:
The journal entry to be recorded for the payment of the note on date of maturity is as follows:
Notes Payable A/c..........................Dr $9,000
Interest expense A/c......................Dr $148
Cash A/c..........................................Cr $9,148
Being payment of the note payable is reported on the maturity date
As on the day of the payment, the cash is going out of the business which means assets is decreasing and any decrease in assets is credited. Therefore, the cash account is credited. And the notes payable is paid so the notes payable account is debited and interest expense account will also be debited.
Working Note:
Interest expense = $9,000 × 10% × 60/ 365
Interest expense = $148
Judith is likely demonstrating the leadership style called affiliative.
This leadership style tends to focus more on the people as a way of
establishing or building relationships or to be able to communicate or
understand the people associated with the certain task or problem.
<span>Randy is displaying risk-taking behavior. The sort of behavior that entails with taking risks engages Randy in activities with unknown outcomes. High-risk behavior's origins are still unknown, however, the impulse or urge to take risks is a heavily researched topic.</span>
