Answer:
Regressive tax
Explanation:
Social Security tax is the tax that is not exempted from employers and employees and which the funds are used to finance the Social Security program.
The Social Security tax finances the retirement, disability, and other benefits that eligible Americans receive under the Old-Age, Survivors, and Disability Insurance (OASDI) Program - the legal name of Social Security in the United States of America.
It is a Regressive tax in the sense that it takes a larger percentage of income from low-income earners than from their high-income counterparts, thereby further widening the already wide social divide between the rich and the poor.
Which is LEAST important to maintaining a healthy credit score?
C. Knowing your exact credit score
Continuously learning about your captivity environment and the captor is known as situational awareness. It <span> is the ability to identify, process, and comprehend the critical elements of information about what is happening. Hope this answers the question.</span>
Answer:
The sales amount to be recorded in the above transactions is $24,990
Explanation:
Term 2/15, net 45 means there is a discount of 2% available on the sale amount to the customers who will pay withing 15 days after sale with net credit period of 45 days.
As Pound Co paid the invoice with the discount period so, they will be eligible to claim the discount.
Discount amount = 25,500 x 2% = $510
Net Sales amount = $25,500 - $510 = $24,990
