Answer:
A Journal was prepared for Shamrock for December 31 2020 data entries.
It shown below in the explanation section
Explanation:
Solution
Shamrock 's December 31, 2020, Journal entries:
Date Account Titles & Explanation Debit Credit
Dec 31, 20 Lease liability 18594
Interest expense
(187600-36702)*12% 18108
Cash 36702
(To record interest expense)
Dec 31,20 Amortization expense (187600/7) 26800
Right of use asset 26800
(To record amortization of the right-of-use asset)
Answer:
the degree of control that Revolting Development exercises over Mike.
Explanation:
The most important factor in determining whether Mike is an employee of Revoltin' Development or an independent contractor is the degree of control that Revolting Development exercises over Mike.
An independent contractor is a self-employed individual or entity contracted to perform a service for another organization (who is their principal) as a non-employee.
According to the Internal Revenue Service (IRS), examples of independent contractors are architects, doctors, engineers, lawyers, accountants etc.
Generally, employment and labor laws do not apply to independent contractors, so as such they pay their Medicare insurance and social security taxes themselves.
The Internal Revenue Service (IRS), provides that the principal only has the right to control the result of the project work and not what or how the project will be executed by the independent contractor, therefore subjecting them to self-employment tax.
Answer:
a)The Maximum amount you can defer is restricted to individual limit of $ 18,000
b)The Tax saving due to deferral =$ 5940
c)The amount recommended for amber = $ 18000
Explanation:
a)The Maximum amount you can defer is restricted to individual limit of $ 18,000
b)The Tax saving due to deferral = 18000* .33 =$ 5940
c)The amount recommended for amber = $ 18000
A shopper marketing involves the use of displays, coupons, product and samples to influence shopping behavior in a store.
<h3>What is a
shopper marketing?</h3>
This is a form of marketing that involves getting the consumer awareness and enhancing of their interaction either with a current or new products.
Hence, the function of this strategy is improve the consumer's shopping experience in order to drive sales.
Therefore, the strategy is known as shopper marketing.
Read more about shopper marketing
<em>brainly.com/question/25998617</em>
Networking is the process where people is trying to help business and others with similar goals by trading information including contacts and referrals.
Business networking is one way of expanding business and trying to find more members to join their business.