When we use the IRS rule which states the standard deduction amount should be greater than $900 or the income earned by the taxpayer for the year in addition with $300 (should not be exceeding the regular standard deduction). Income earned by Toby is $2,897, then add
$300 into it.
The correct standard deduction amount would then be $3,197 ($2,897 +300)=$3197.
Standard deduction is the deduction given by the income tax authorities to the tax payer.
Internal revenue bulletin is the instrument used by the IRS for announcing all the rules.
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Since the actual process of the transaction is instantaneous, and its takes the money directly out of your account, the account they're dealing with is most likely Revenue.
Accounts Receivable is also another option that may come to mind, but remember that in this account, the seller is waiting for payment. Once the responsible party pays the seller, A/R is credited (decreased) and Revenue is debited (increased).
With iTunes (as stated previously), the transaction happens right then and there. We pay cash and iTunes gives us the song/movie/album/etc. Therefore, the only logical answer would be <u>Revenue</u>. In this case, <em>Sales Revenue</em> since we're dealing with a type of retailer and not a service.
Answer:
the number of students to register for break even is 40 students
Explanation:
The computation of the number of students to register for break even is as follows
Let us assume the break even point be X,
Now as we know that
At break even
Total Expense = Total Revenue
$6,400 + $15 × X = $175 × X
160 × X = $6,400
So,
X = $6,400 ÷ 160
= 40 students
hence, the number of students to register for break even is 40 students
The process you need to to start a fashion clothing brand.
- Fist step is to recognized the fashion need in the market.
- Create your business plan.
- Know your specific audience.
- Start drawing and then designing the cloth
- look for a good clothing maker
- Choose and Make a brand name, logo, etc.
- Set a target price and start marketing/distribution process..
<h3>What is Clothing Brand?</h3>
This is known to be that key Identification that pertains to a given Manufacturer and it is one that is only used in the line of business such as manufacturing, distributing, etc., of clothes.
Note that by flowing the steps above, one can make a great fashion brand in the long run.
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The answer is: the person whose photograph is snapped by the candid photographer.
Capital refers to accumulation of assets that is owned by a certain individual or organization that can be used to generate more income.
Candid photographers only take picture of the environment around them naturally (without any edits or settings). This mean that the person who is being photographed is not being paid. Since that person does not generate income, it cannot be considered as a capital.
