Answer:
B.Dependent care plans can only be used to cover the costs of caring for a dependent child
Explanation:
Dependent Care with the high cost of child care these days a Dependent Care Account makes it easy to save on taxes.
Answer:
interest must be paid on a periodic basis regardless of earnings
Explanation:
Businesses need funds to operate and they sometimes issue bonds to get the needed bonds.
Bonds are debt instruments that are sold to investors to get funds. Interest is also paid to the bond buyer for the tenure of the bond.
The major disadvantage of using bonds as a source of bonds from the standpoint of the issuer is that interest must be paid on a periodic basis regardless of earnings.
The point when the company makes exactly enough money to pay for itself, without making extra as a profit is the C. Break even point
hope this helps
Answer:
B. Credit to the fair value adjustment for $6000
Explanation:
December 31 (year 2)
Fair value adjustment account balance = $10,000 (Debit)
December 31 (year 3)
Fair value adjustment account balance = $154,000 - $150,000 =$4,000 (Debit)
As you can see in year 2 there were only $10,000 (debit) in fair value adjustment account but in year 3 the value dropped down to 4,000 debit which leads us to the journal entry of $6,000 Credit in fair value adjustment account balance
Answer:
The people who buy the stock
Explanation:
I'm not sure but that's my best guess considering they bought it and would more than likely have to sign a contract of liability.
