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3 years ago

Deferred income taxes are based on the:_______.

Business

1 answer:

Hunter-Best [27]3 years ago

3 0

Answer:

a. current tax rate or future tax rates, depending on when the temporary difference will reverse.

Explanation:

Deferred Tax is not payable to tax Authority it is only a book entry used by Accountants to match Income taxes payable in terms of Income Act and Income taxes expected to be presented to users in financial Statements.

Deferred taxes are based on current tax rate or future tax rates, depending on when the temporary difference will reverse.

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Margaret [11]

Answer:

$23

Explanation:

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3 years ago

Dalton Industries makes all purchases on account, subject to the following payment pattern: Paid in the month of purchase: 25% P

sladkih [1.3K]

Answer:

The firm's budgeted payments in March is $206,500

Explanation:

The purchase pattern is categorized into three percentage : 25%, 55% , and 20%

Here, following month is considered to be a month which is before than actual month.

The firm's budgeted payments in March is computed below:

= 25% of march month + 55% of February month + 20% of January month

= 25% × $240,000 + 55% × $190,000 + 20% × $210,000

= $60,000 + $104,500 + $42,000

= $206,500

Thus, the firm's budgeted payments in March is $206,500

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4 years ago

Which statement best defines a grant? A grant is an educational plan in which students alternate between studying for school and

damaskus [11]

Answer:

The correct answer would be option C, A Grant is money given by an organization for a specific purpose.

Explanation:

A grant is basically the amount of money which a Government or any other institution gives to someone or some organization or institution to serve a specific purpose. Grants are usually given for Educational purposes, Business Growth purpose, or to serve the under privileged people. Grants are not loans. Loans are required to be paid back but grants are not required to be given back to the lender. Grants are given to encourage growth and help people in raising from the bottoms.

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3 years ago

True or false The fair Labor standards Act ( FLSA) requires that all employees receive time- and -half for work in excess of 40

Gnoma [55]

Answer:

Yes, all. A non-exempt employee is eligible for overtime/compensatory time for hours in excess of 40 in a given week.

6 0

2 years ago

Which of the following is not an ecosystem

allsm [11]

Answer:

first can you show the answer choices or diagram.

7 0

3 years ago