Answer:
The correct option is B
Explanation:
According to income tax laws, an individual will pay mess capital gains tax when his basis in an asset is higher. From the example, John has a personal residence and to increase his basis, he needs to think of what to add to the residence such that the selling price would increase and thus capital gain tax will reduce. From the option, the best and likely thing that would increase the basis of his asset (the house) and lead to an increase selling price is adding a new garage.
Answer:
Option (B) is correct.
Explanation:
Annual Subscription:
= 6000 × $125
= $750,000
Since, the payment was received for 1 Year, we will recognize 4 months revenue (1 September till 31st December) in the given year:
= $750,000 × (4/12)
= $250,000
Unearned Revenue as on 31st December:
= Total Payment Received - Revenue Recognized for 4 months
= $750,000 - $250,000
= $500,000
Answer:
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Explanation:
Answer:
d) pathogens are reduced and illness is prevented.
Explanation:
It is important to cook food to high enough temperatures so that pathogens are reduced and illness is prevented. Pathogens are organisms such as virus, fungi, bacteria, protozoa, worms that causes diseases to its host.
These pathogens are usually destroyed by heat, so it's necessary and important to properly cook food to a high temperature by grilling, boiling, frying, roasting and baking.
Furthermore, a hot-holding unit can be used to store food in order to reduce pathogens.
Answer:
Materiality
Explanation:
Materiality is a term or convention relating to the importance / significance of an amount transaction or discrepancy within auditing and accounting