Answer:
sales tax payable 1,200 debit
cash 1,200 credit
Explanation:
To record this entry we need to understand the sales tax is not an expense for the company as is charged into the invoice and paid by the customers.
The company is an intermediate agent between the customer and the government. The company's role is to collects the tax and pay to the government. We need to record the payment of 1,200 to the government thus, we write-off the sales tax payable and credit the cash give away to the IRS
Answer:
<em>It passes by probate to the deceased tenant's heirs.</em>
Explanation:
Probate is the legal process of handing over control of properties from the name of a deceased person to the names of recipients.
It also guarantees that creditors may make reimbursement demands from the estate of the deceased, and that final tax returns are filed, including a tax return on the estate if the estate is big enough.
Answer:
By definition, we know that Beta for market Portfolio is 1. By this, we need weighted average of J and K Beta as 1
1.38x + 0.93(1-x) = 1
1.38x + 0.93-0.93x = 1
0.45x = 0.07
x = 0.07/0.45
x = 0.16
So, we need 0.16 of J and 0.84 of K.
Weighted Average of J = 0.16 and K = 0.84.
Further Expected return of portfolio will be:
Weight Expected Return Expected Return of Portfolio
J 0.16 14.06 2.25
K 0.84 11 <u>9.24</u>
Total Portfolio Expected Return <u>11.49</u>
Answer:
This is because the Standard Addition is more likely to give a more definite measurement of the target concentration of analyte in the sample as compared to employing a calibration curve.
In a situation where sample matrix also gives to the analytical signal and establishing a situation called the matrix effect, Standard Additions is the best option to employ rather than calibration curve.
Dogs are generally not allowed to eat vanilla ice cream. It is not recommended because vanilla ice cream is a dairy product containing milk sugar called lactose and also fat. Most dogs are lactose-intolerant. When they ingest dairy product, it would cause loose bowel movement which will then lead to dehydration. For the most part, you can only give small parts to the dog.
