Answer:
B. $16.67
Explanation:
The computation of the accrued interest expense is shown below:
= Notes receivable or Principal × rate of interest × number of days ÷ (total number of days in a year)
= $5,000 × 4% × (30 days ÷ 360 days)
= $16.67
We assume there are 360 days in a year
And, the 30 days is calculated from December 1 to December 31
This is the answer and same is not mentioned in the given options
Answer:
Income tax expense $1,000,000 Dr.
Deferred tax liability $7,750,000 Dr.
To income tax payable $8,750,000 Cr.
Explanation:
Given the following :
Pretax accounting income = $66 mollion
TAXABLE INCOME = $35 million
Tax rate = 25%
Income tax payable:
Income tax rate × taxable income
25% × 35,000,000
= $8,750,000
Deferred tax liability :
(pretax income - taxable income) × tax rate
($66 - $35) million × 25%
$31,000,000 × 25%
= $7,750,000
Income tax expense :
Deferred tax + income tax payable
$(8,750,000 - 7,750,000)
= $1,000,000
Hey <span>darwintoribio6449, thanks for submitting your question!
The answer to your question is aggregate demand.
</span><span>Aggregate demand is the total </span>demand<span> for final goods and services in an economy at a given time. It specifies the amounts of goods and services that will be purchased at all possible price levels.
This is the </span>demand<span> for the gross domestic product of a country.
</span><span>
Please let me know if you need any help with anything else, have a good one!
</span>
Answer:
Recognized gain = $60000
Explanation:
Below is the calculation:
Price of personal resident = $400000
Selling price = $460000
Since Alan purchased the house for $400000 and selling it for $460000. Therefore recognized gain can be determined by subtracting the purchase price from the selling price.
Recognized gain = $460000 - $400000
Recognized gain = $60000
Answer: 17,000
Explanation: nothing dont take my answer i guessed
