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77julia77 [94]
3 years ago
14

Type the correct answer in the box. Spell all words correctly.

Business
1 answer:
Norma-Jean [14]3 years ago
6 0

Answer:

Joan has recorded only one aspect of the transaction. The accounting rule used by accountants is “for every debit, there is a  

<h2>corresponding credit.”</h2>

Explanation:

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A family you are working with speaks English, but their native language is Korean and they have stated that it is much easier fo
ch4aika [34]

Answer:

informed consent

Explanation:

Based on the information provided, this is a violation of informed consent. This is because informed consent can only be granted when the individual signing the consent forms COMPLETELY understands and accepts the information presented in the forms. In this scenario, the family may speak English but since their native language is Korean and the consent forms are not offered in Korean there is a large possibility that some of the information may not be fully understood by the family. Thus they are not fully informed when signing.

7 0
3 years ago
What is the maximum IRA contribution that Mr. Janson can make under each of the following assumptions? He is age 20 and single.
vladimir1956 [14]

Answer:

He is age 20 and single. His only income item is $12,100 interest from a trust fund. NO CONTRIBUTION SINCE HE HAS NO EARNED INCOME

He is age 40 and single. His only income item is a $34,900 share of ordinary income from a partnership. MAXIMUM CONTRIBUTION OF $6,000

He is age 60 and single. His only income item is $21,300 wages from his job. MAXIMUM CONTRIBUTION OF $7,000

He is age 46 and files a joint return with his wife. His sole proprietorship generates a $7,790 loss, and his wife’s salary is $46,700. MR. JANSON CANNOT CONTRIBUTE ANY MONEY TO THE IRA ACCOUNT, BUT HIS WIFE CAN CONTRIBUTE $6,000 ON HER ACCOUNT AND $6,000 ON MR. JANSON'S ACCOUNT.

Explanation:

In 2019, the limit for RA contributions increased by $500 to:

  • under age 50 ⇒ $6,000 per year
  • over age 50 ⇒ $7,000 per year

only earned income can be contributed

you cannot contribute more than what you earn

8 0
3 years ago
Read 2 more answers
Suppose that video game discs are a normal good. If the incomeof video game players increase, you predict that in the market for
arlik [135]

Answer:

Option (D) is correct.

Explanation:

It was given that video game is a normal good. We know that there is a positive relationship between the demand for a normal good and income of the consumer, hence, if there is an increase in the income level of the consumer then as a result the demand for a normal good increases which shifts the demand curve for normal good rightwards.

Therefore, this will lead to increase both equilibrium price and equilibrium quantity in the market for video games.

5 0
3 years ago
Outdoor sports unlimited, a retail store, must use reasonable care on its premises to warn its customers of
-BARSIC- [3]
<span>They have to use reasonable care to warn about hidden risk. These are the dangers that might not be totally foreseeable at a location, but still need to be brought to light in case they do take place. The business needs to make sure that the ordinary person, exercising the average level of judgment, would not do something that would lead to injury or damage in some way.</span>
7 0
3 years ago
Sunk costs and decision making Rajiv has plans to go to a play and already has a $50 nonrefundable, nonexchangeable, and nontran
NikAS [45]

Answer: b.Correctly ignored a sunk cost

Explanation:

Sunk costs are those that are already incurred and should not have any influence on the decision to be made.

The cost of the ticket to the play has already been incurred and could not be sold, exchanged or transferred so was a sunk cost. By going to the concert with Simone, Ravi decided to ignore a sunk cost and he was correct to do so.

3 0
4 years ago
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