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3 years ago

Wally's hardware store is located in a small town in the midwest. this store would best be classified as a(n) _____.

1 answer:

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Wally's hardware store is located in a small town in the midwest. this store would best be classified as an independent retailer. Answer: B Wally's hardware store is privately owned and operated and it is a <span>single-store operations.

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True or false, general revenue sharing grants give states the most discretion as to how to spend the money.

ioda

I think the answer is true although i'm not sure. please go back to your lesson and check, everything says there. I'm guessing you are home-schooled so just go through the lesson while doing the test, this way you will know for sure that you got everything right.

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4 years ago

Alison incurs the following research expenditures. In-house wages $125,000 In-house supplies 12,500 Paid to ABC, Inc., for resea

Rom4ik [11]

a. The amount of Alison's qualified research expenditures for the tax year is $251,250.

b. Alison's incremental research activities credit is $20,250.

a. Alison's qualified research expenditures:

Qualified research expenditures=In-house wages+ In-house supplies+ (Research services× 65%)

Qualified research expenditures=$125,000+$12,500+ ($175,000×65%)

Qualified research expenditures=$125,000+$12,500+$113,750

Qualified research expenditures=$251,250

b. Alison's incremental research activities credit:

Incremental research activities credit=(Qualified research expenditures-Base amount)×20%

Incremental research activities credit=($251,250-$150,000)×20%

Incremental research activities credit=$101,250×20%

Incremental research activities credit=$20,250

Inconclusion the amount of Alison's qualified research expenditures for the tax year is $251,250 and Alison's incremental research activities credit is $20,250.

Learn more about qualified research expenditures here:brainly.com/question/8174418

4 0

3 years ago

The following information pertains to Crane Company. 1. Cash balance per bank, July 31, $11,136. 2. July bank service charge not

Alexus [3.1K]

Answer:

1. Adjusted cash balance per bank $13,760

Adjusted cash balance per books $13,760

2. Jul-31

Dr Cash $2,560

Cr Notes Receivable $2,560

Jul-31

Dr Miscellaneous Expense $64

Cr Cash $64

Explanation:

1. Preparation of a Bank reconciliation statement

at July 31, 2022

CRANE COMPANY

Bank Reconciliation

July 31,2022

Cash balance per bank statement $11,136

Add: Deposits in transit $4,544

Less: Outstanding checks ($1,920)

Adjusted cash balance per bank $13,760

Cash balance per books $11,264

Add: Electronic Funds transfer Received $2,560

Less: Bank service charge ($64)

Adjusted cash balance per books $13,760

2. Preparation of the adjusting journal entries at July 31 on the books of Crane Company.

Jul-31

Dr Cash $2,560

Cr Notes Receivable $2,560

Jul-31

Dr Miscellaneous Expense $64

Cr Cash $64

7 0

3 years ago

What is the meaning of deplation

slava [35]

Answer: The meaning of depletion to allocate the cost of extracting natural resources like oil and minerals from the earth.

Explanation:

The term depletion is a concept generally we use in tax and accounting.
The meaning of depletion is to move the cost of extracting natural resources like oil and minerals from the earth to the income sheets.
It is a non-cash expense that lowers the cost value of an asset gradually scheduling charges to the income.
To evaluate the depletion per unit we divide the total cost less salvage value by the total number of estimated units.

5 0

3 years ago

The goal of recruitment is to obtain a pool of applicants large enough to contain a number of talented prospects. group of answe

Elan Coil [88]

The goal of recruitment is to acquire a pool of candidates massive sufficient to include some talented prospects. True

A purpose is an objective or goal that someone is making an attempt to attain or achieve. The goal is likewise the cease point of a race or something that a participant is trying to put an item into as a part of a game. purpose has other senses as a noun. A goal is an intention or objective that you work toward with attempt and determination.

Lifestyle goals are what we need to obtain, and they may be a lot more meaningful than simply 'what we need to accomplish to live to tell the tale. not like everyday routines or quick-time period targets, they drive our behaviors over the long term.

The definition of a goal is something you aspire to do or wish to do or an aim can refer to scoring a point in certain sporting events. An instance of aim is you decide which you need to get out of debt. An example of aim is whilst you get the p.c. into the opposing crew's net in hockey.

Learn more about goal here: brainly.com/question/1512442

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2 years ago