Answer:
Option D) The company’s depreciation expense declined.
Explanation:
It happens because when company´s depreciation decrease you have less cost of sales and an improvement in the Gross Margin and hence in the Net Income, but this enhancement in the Net Income has an opposite effect on Net Cash because less depreciation means less total cash,
Total Cash it's defined by Net Income plus Depreciation, a less Depreciation means less Net Cash.
Answer:
The amount of Depreciation Expense for the equipment used in the business is $1,700
Explanation:
In order to calculate the amount of Depreciation Expense for the equipment used in the business we would have to make the following calculation:
amount of Depreciation Expense for the equipment used in the business= Adjusted Trial Balance-Unadjusted Trial Balance
amount of Depreciation Expense for the equipment used in the business= $ 9,400-$7,700
amount of Depreciation Expense for the equipment used in the business= $1,700
The amount of Depreciation Expense for the equipment used in the business is $1,700
An employee's salary and contributions for the prior tax year are listed on a W-3 form, also known as the Transmittal of Wage and Tax Statements form. The Social Security Administration (SSA) receives this paperwork for proper filing.
Most employers are required by the IRS to submit Forms W-2 and W-3 at the start of each year for the prior year. A list of all the W-2 forms you are sending to the federal government is contained in Form W-3 (Transmittal of Wage and Tax Statements). Form W-3 specifies the number of W-2 forms being delivered and describes the total wages, Social Security wages, federal income tax withheld, and FICA tax withheld from employees during the year.
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The answer is mostly True.
The correct answer is Equality
