Sales tickets
Sales tickets Telephone bill
Sales tickets Telephone bill Invoice from supplier Bank statement
<h3>What is a source document ?</h3>
The source document is the original record of a business transaction. The parties involved in a transaction, any payments made, the date, and the specifics of the transaction are all recorded in a source document.
- Typical examples of source documents are sales receipts, checks, purchase orders, invoices, bank statements, and payroll records. These are all original documents that were created as a result of a transaction and the initial components of an accounting system.
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False. indirect is not direct .
Given Information:
Head of household
Married, filing separately
Single
Qualifying widow(er)
Answer:
Head of household filing status should Wilhelmina indicate on her tax return
Explanation:
She was unmarried at the end of the year and provided over half the cost of keeping a home as a residence for a dependent.
The head of household is the actual US taxpayers ' filing status. A taxpayer must be either single at the end of the year in order to use the status of head of household registration. You paid for the tax year more than half of the cost of owning a home.
For many people who file as head of household, their qualifying dependent is a child.
A qualifying child is your biological child, stepchild, foster child, sibling, step sibling, half sibling or a descendant of one of these. The child also needs to be under the age of 19 (or under the age of 24 if a full-time student).
Answer: $6,040
Explanation:
To find out Robin’s allowable itemized deduction for interest paid we ADD the interest paid on the acquisition debt which is her Allowed Deductible Interest to the points that she obtained in the Initial Mortgage.
This figure is what she is allowed to deduct.
Calculating that would be,
= 4,440 + 1,600
= $6,040
Robin’s allowable itemized deduction for interest paid is $6,040.
Note that Closing costs are not Deductible but are instead added to the basis of the house.
<span>multinational corporation
Let's look at the available options and see what fits best.
multinational organization
* Technically, all companies are organizations, but generally this is reserved for organizations that aren't commercial enterprises. So this is not the correct answer.
foreign firm conglomerate
* This one fails on several fronts, but the most basic is conglomerate which implies multiple lines of business. We're just dealing with a restaurant chain. So this is the wrong answer.
multinational corporation
* This looks good. The company is obviously multinational since it has restaurants in 25 countries. And it is a company. Pretty clearly this is the right choice.
foreign partner
* A foreign partner is an other company that's based in a foreign country. For instance, some manufacturers may get parts from a foreign company to use in their own products. So there's a relationship between the local and foreign companies. But they're not owned and operated by the same overall group. So this is the wrong answer.</span>
