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Lunna [17]
3 years ago
12

Zoe would like to be able to save for night courses at the local college. Which of these would be a good way for Zoe to make mor

e money available for savings without dramatically changing her budget? Economía
Business
1 answer:
Amanda [17]3 years ago
3 0

Answer:

Spend 10% on clothing and 10% on entertainment.

Explanation:

There are some expenses that you can lower that will not radically affect your lifestyle while other expenses should be more important.

For example, you shouldn't try to save money by eating less or going to live in an ugly place where you pay a very small rent.

If you want to save money, then you should cut some costs from non essential expenses like entertainment and new clothes.

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1. Mr. C, a self-employed consultant, uses a room of his home as a business office. This room represents 10 percent of the home’
GaryK [48]

Answer:

Mr. C

Home office deduction for the year is:

= $20,405.50

Explanation:

Qualifying home office expenses:

Home mortgage interest      $12,980

Property tax on residence       2,200

Homeowner’s insurance           1,475

Utilities                                       2,100

Furnace repairs                           300

Depreciation on building      185,000

Qualified home expenses $204,055

10% for home office = $20,405.50

b) Mr. C is entitled to deduct home office expenses relating to mortgage interest, insurance, utilities, repairs, and depreciation, including furnace repairs. The deductions for a home office are based on the percentage of Mr. C's home devoted to his business use.

5 0
3 years ago
Your staff uses expense accounts for job-related travel. The accounting department has changed the way such expenses are handled
Debora [2.8K]

Answer: A memo

Explanation:

Of all the possible ways listed, a Memorandum would be the best way to go.

In businesses, Memos are considered a way to send information within the company about any changes or other happenings within a company. Memos can be sent to every individual or hung around the business. This way everybody can see it and be able to refer back to it. Memos also have proven overtime in the business world that they work for this purpose so using it would be best.

Face to face meetings would have helped explain the changes better but then people would not really be able to refer back to it.

4 0
3 years ago
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timama [110]

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8 0
2 years ago
On August 1, Kim Company accepted a 90-day note receivable as payment for services provided to Hsu Company. The terms of the not
lapo4ka [179]

Answer: C. Credit to Interest Revenue for $300

Explanation: As of October 30, the company has generated interest for:

Interest = $ 20,000 x 6% per year

Interest = $ 1,200 / 12 months

Interest = $ 100 per month

Interest = $ 100 x 3 months

Interest = $ 300

These interests are an interest gain from an account receivable, it is credited in the interest income corresponding to the income statement.

4 0
3 years ago
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Mumz [18]
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7 0
3 years ago
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