An employer can offer a partial match on a Roth 401<span>(k), however the employer contribution must be placed into a regular 401(k). The employee contribution limit is the same as it is for a 401(k) plan — which is much more generous than for a </span>Roth IRA<span>.</span>
Answer: Employee, worker and self-employed.
Explanation: An employee is an individual who has entered into or works (or worked) under the terms of a contract of employment.
A Worker A worker who is not an employee works under a contract whereby the individual.
A self-employed is the state of working by themself not as a employee .
Human labor is used in a Capitalist system in order to make products.
Answer:
Date General Debit Credit
$ $
Dec 31 Equipment 10000
Cash 10000
Following are detail of the posting of equipment purchased
1) The $10,000 will be posted to the debit side of the Equipment Account.
2) The $10,000 will be posted to the credit side of the Cash Account
Answer:
$114,700
Explanation:
Bad debtsexpense -Write-offs= Change in Allowance balance.
Therefore Bad debts expense =Change in Allowance balance of $83,800 + Write-offs of $30,900= $114,700
The bad debt expense that Dinty report in its first-year income statement is $114,700
.
