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stiv31 [10]
3 years ago
6

Bill and Martha are filing a joint return. They are both over 65 years old. Neither of them are blind. What is their standard de

duction:_______
Business
1 answer:
german3 years ago
7 0

The standard deduction of both Bill and Martha can be $2600.

Explanation:

There are standard deductions that the people can get from paying taxes for a particular year. The standard deduction can depend and differ from one age group to the other.

If the couple is married and the couple are above the age of sixty five years, then the standard tax deduction from the tax can be increased to an amount of $2600 if they both are not blind. If one of the partners of the couple is blind, then the amount would be different.

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In 2019, BayKing Company sold used equipment for $17,000. The equipment had an original cost of $80,000 and accumulated deprecia
miv72 [106K]

Answer:

$73,000

Explanation:

Equipment net book value (NBV) = $80,000 - $60,000 = $20,000

Loss on sale of equipment = NBV - Sales proceed = $20,000 - $17,000 = $3,000

Net operating cash flows for 2019 = Net income - Loss on sale of equipment = $76,000 - $3,000 = $73,000

7 0
3 years ago
In a SWOT analysis, which of the following is an example of a threat? A. A low quality product B. Bad customer service C. Compet
Morgarella [4.7K]
In a SWOT stands for: Strength, Weakness, Opportunity and Threat. SWO are internal factors while T is an external factor. So if you look at your choices, products, customers and employees are internal and only one is external, which is Competing companies.

The answer is C. 
3 0
4 years ago
Read 2 more answers
2. If an accrual is for an expense, the adjusting entry debits and __________ account and credits a(n) __________ account. asset
coldgirl [10]

If an accrual is for an expense, the adjusting entry debits and asset expense account and credit a liabilty.

<h3> What is an accrued expense?</h3>

Accrued expenses are expenses that are recorded as  account payable under the current liabilities section and it is recorded as an expense in the income statement of a company or individual balance sheet.

Example of accrual accounts is accounts payable and receivable, and future interest expense.

Therefore, If an accrual is for an expense, the adjusting entry debits and asset expense account and credit a liabilty.

Learn more on accrued expenses from

brainly.com/question/13450378

5 0
2 years ago
On january 1, guillen corporation had 95,0000 shares of no par common stock issued and outstanding. The stock has a state value
SpyIntel [72]

Answer:

Follows are the solution to the given question:

Explanation:

Please find the complete question in the attachment file.

Market capitalization at 30 June:  120000 = 95000+25000

Dividends payable on 10 July: 120000

Actions omitted by 31 December: 122000 = 95000+25000+2000

X Stock Dividends 1.2

Dividend payments payable on 31  December: 146400

Total value is given: 266400 =120000+146400

7 0
3 years ago
The process used to accomplish organizational goals through planning, organizing, leading, and controlling people and other orga
klio [65]

Answer:

Management

Explanation:

Management is an important part of the business organization. It focuses on manages the activities of the business organization. There are mainly five managerial functions that help the organization to run in a smooth manner and accomplish its goals and objectives in an efficient and effective manner.  

The five managerial functions are planning, organizing, directing, controlling and the staffing, Each one is played an important role while managing the business activities.  

Hence, the most appropriate word is management

5 0
3 years ago
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