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laila [671]
3 years ago
11

In 2019, expenses generated from activities producing hobby income are______

Business
2 answers:
disa [49]3 years ago
5 0

Answer:

oh

Explanation:

lord [1]3 years ago
3 0
I have no idea but whatever
You might be interested in
The following expenditures were incurred by Tamarisk, Inc. in purchasing land: cash price $74,000, accrued taxes $4,400, attorne
Stels [109]

Answer:

$87,800

Explanation:

The following expenditures were incurred by Tamerisk incorporation when purchasing a land

Cash price = $74,000

Accured taxes = $4,400

Attorneys fee= $4,300

Real estate brokers commission = $1,500

Clearing and grading = $3,600

Therefore the cost of the land can be calculated as follows

= $74,000 + $4,400 + $4,300 + $1,500 + $3,600

= $87,800

Hence the cost of the land is $87,800

5 0
3 years ago
*E21.23 (LO 5) (Sale-Leaseback) Assume that on January 1, 2020, Elmer's Restaurants sells a computer system to Liquidity Finance
Dennis_Churaev [7]

<u>Solution and Explanation:</u>

Date  General Journal                                 Debit  Credit  

January 1, 2017  Cash/Liquidity Finance Co.  680000    

 Computer system                                             600000  

 Profit on sale of computer system              80000  

To record the sale of computer systems          

January 1, 2017  Lease Rental                       115970    

 Cash                                                              115970  

To record the first lease rental of the lease                  Journal entries in the books of lesser(Liquidity Finance Co.)    

                                                               Amount in $  

Date  General Journal                                          Debit  Credit  

January 1, 2017  Computer system           680000    

 Cash/Elmer's Restaurants                            680000  

To record the purchase of computer systems        

January 1, 2017  Cash                               115970    

 Lease Rental Income                                             115970  

To record the first receipt towards lease rental of the lease      

December 31, 2017  Depreication on computer system 68000    

 Accumulated depreication on computer system           68000  

To record the depreication expense for the year    

 

5 0
3 years ago
An increase in the amount of household wealth in an economy would ________ the average standard of living and would ________ the
Bezzdna [24]

Answer: raise; have little effect on is the correct option

Explanation:Wealth is understood as ownership of economic capital. It is viewed as a

dimension of people’s economic (or material) well-being, alongside income and

consumption. There are other concepts of capital that are important to people’s well-being

and complement the concept of economic capital, such as human capital, social capital

and collectively-held assets. However, while they may have considerable economic value to

the people that possess (or have access to) them, they are not material assets and liabilities

over which people can exercise ownership rights.

Information on household wealth is important at both the macro and micro levels.

Wealth is one of the key components of the economic system. It is a source of finance for

future consumption, for reducing vulnerability to shocks and to other unexpected

developments, and for undertaking business and other economic activities. At both the

macro and micro levels, household wealth statistics play a vital role in informing responses

to a wide range of policy and research questions. However, the perspectives and insights

provided at each level are also quite different. The primary focus

at the macro level is on the household sector’s wealth, its relation with the other sectors of

the economy, and its role within the broader economic system; conversely, the primary

focus at the micro level is on the wealth of individual households and its distribution

across different types of households.

8 0
3 years ago
It takes a total of 475 seconds for one technician to assemble one airrules smart phone, working alone. however, airrules manufa
maks197457 [2]
<span>Normally if one tecnician takes 475 seconds to assemble one air rule smartphone. Then it would take. 20 technicians X secs to do the same So It would take 20 tecnicians X secs = (20 * 475) / 1 = 9500 secs. I. e it takes 20 technicians 9500 secs to manufacture a smartphone. But airrules uses 20 technicians to manufacture the same phone in only 30 secs. So its efficiency would be: Number of secs it takes the 20 techician to manufacture the phone * efficiency = Normal of hours it would usually take 20 techician to manufacture the phone. So we have 30 * X = 9500 X = 9500/30 = 316.777. So they are 316.667 times as efficient.</span>
6 0
3 years ago
"All three levels are required to run an organization or a business smoothy"Justify the statement.​
Reika [66]

Answer:

"All three levels are required to run an organization or a business " according to my point of view it is true without anyone levels (sector) business or organization not imagine to run

5 0
3 years ago
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