A) Yes, because the government requires individuals to report income earned from an employer and other sources.
His side gig was the equivalent of self contracting. He would definitely have to report of he made over $400.
Answer:
the journal entry to record the loan:
E.g. January 1, 202x, loan made to Ryan Company
Dr Notes receivable 69,000
Cr Cash 69,000
the journal entry to record the collection of the note:
E.g. January 31, 202x, note collected from Ryan Company
Dr Cash 69,575
Cr Notes receivable 69,000
Cr interest revenue 575
interest revenue = $69,000 x 10% x 30/360 = $575
I would say that the answer to this question is most likely staff. Just
as departments are subdivisions and part of a larger organization,
employees are part of a larger staff or workforce.
Answer:
insurance is important in that it helps you indemnity the losses occured after the risk occurrence
Explanation:
insurance ensures that you are covered from all period and hazards
