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disa [49]
3 years ago
6

Think of some way you can be an example as a Christian both at school and at home. Write two or three paragraphs of about 250 wo

rds telling how you can be an example among other believers. You may use 1 Timothy 4:12 as your guideline for discussion. Give specific examples, and be creative with your ideas.
Business
1 answer:
vazorg [7]3 years ago
8 0
i dont like writing super long paragraphs so here is a list
1) Comunity work
2) helping the elderly
3) obeying your parents
4) paying attention in class
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Your friend fills out their first tax form and is confused between adjusted and gross income. How can you explain the difference
Illusion [34]
<span>Annual gross income is the amount of money you make BEFORE taxes. Your adjusted gross income is how much money you make before taxes, MINUS anything you can deduct. You can deduct many things, like student loan interest payments and alimony. So, you would have an adjustment if you paid for student loans this year. If your gross income (not adjusted) is $20,000 and you paid $1000 on student loan interest, your adjusted gross income is $19000. The IRS will then see your income as only $19000 instead of $20,000 and will tax you on that lower amount.</span>
8 0
3 years ago
In 2018, Usher Sports Shop had cash flows from investing activities of $440,000 and cash flows from financing activities of −$45
Kipish [7]

Answer:

$15,000

Explanation:

Calculation for Usher Sports Shop’s cash flow from operations for 2018

Cash flows from investing activities $440,000

Less Cash flows from financing activities ($450,000)

Less Net change in cash and marketable securities ($25,000)

($625,000-$600,000)

Cash flow from operations for 2018 $15,000

Therefore Usher Sports Shop’s cash flow from operations for 2018 will be $15,000

3 0
3 years ago
Accounts Receivable As of December 31, 2016, Nala Incorporated reported accounts receivable for $275,000 less allowance for doub
juin [17]

Answer:

A.

1. Dr Accounts receivable $180,000

Cr Sales $180,000

2. Dr Cash $125,000

Cr Accounts receivable $125,000

3. Dr Sales returns and allowances $20,000

Cr Accounts receivable $20,000

4. Dr Allowance for doubtful accounts $35,000

Cr Accounts receivable $35,000

5. Dr Accounts receivable $2,500

Cr Allowance for doubtful accounts $2,500

Dr Cash $2,500

Cr Accounts receivable $2,500

B. Dr Bad debt expense $27,500

Cr Allowance for doubtful accounts $27,500

Explanation:

A1. To record the sale on account we will debit accounts receivable as our collectible to customer and credit sales in the amount of $180,000

A2. To record the collection, we will recognize the receipt of cash so we have to debit cash and credit accounts receivable to deduct the collectible balance in the amount of $125,000

A3. When the company receives returns from the customers, it will be charged to sales returns and allowances account so we have to debit it and credit accounts receivables in the amount of $20,000 to deduct collectibles to suppliers. Said, sales returns and allowances account is a contra account of sales. Thus, any amount recorded under it will be charged against (deduction) our sales.

A4. During the write off, we will debit allowance for doubtful accounts and credit accounts receivables to reduce its amount from the worthless receivables that is deemed to be uncollectible.

A5. Collection of previously written off receivables will resort to 2 entries. First, reversal of the original entry we made during the write off. So we debit Accounts receivable and credit allowance for doubtful accounts in the amount of $2,500. Next is to record the cash we received from the customer. So debit cash and credit accounts receivable in the same amount of $2,500.

B. To record the bad debt expense, we need to compute first the ending balance of the accounts receivable.

Beg $275,000 plus sales on account of $180,000 less collection $125,000, sales return of $20,000 and write off $35,000 = $275,000.

Bad debts is 10% of the Accounts receivable, so $275,000 x 10% = $27,500

Entry:

Dr bad debt expense $27,500

Cr allowance for doubtful accounts $27,500

7 0
3 years ago
Business operations Essay​
juin [17]

Answer:

The description of the given term "Business operations" is provided below.

Explanation:

  • Together with all measures essential to manage as well as generate money besides your firm, is considered as business operations.
  • Sometimes a component devoted to the industry would be included throughout the marketing strategies, enough so founding members comprehend or recognize the authoritarian leadership style, machinery, personnel, including procedures.
6 0
3 years ago
In comparing the current ratios of two companies, why is it invalid to assume that the company with the higher current ratio is
klio [65]

Answer: I found the options:

A. The current ratio includes assets other than cash.

B. A high current ratio may indicate inadequate inventory on hand.

C. The two companies may define working capital in differentterms.

D. A high current ratio may indicate inefficient use of various assetsand liabilities.

Explanation: The correct answer is "D. A high current ratio may indicate inefficient use of various assets and liabilities."

Is invalid to assume that the company with the higher current ratio is te better company because a high current ratio may indicate inefficient use of various assets and liabilities, That is why it would be convenient to observe other ratios that can help us compare more fully the 2 companies.

4 0
3 years ago
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