Answer: $36,700
Explanation:
Given that,
Wages = $41,000
Interest income = $700
Jason and Mary’s deductions = $5,000
Itemized deductions = $14,000
Adjusted gross income = Wages + Interest income - Jason and Mary’s deductions
= $41,000 + $700 - $5,000
= $36,700
The right answer for the question that is being asked and shown above is that: "<span>B. debit to Sales Returns and Allowances for $125.00. " </span>Five necklaceswere returned prior to payment. The entry to record the return would include a B. debit to Sales Returns and Allowances for $125.00.
Answer: s corporations
Explanation:
hope this helps. With an S corporation that has a single shareholder, he or she can be called the president, CEO, or another title. S corporations with more than one shareholder can issue titles at the time of formation.
Not guarantee that resources will be allocated efficiently nor that there will be equality.
Consumer Surplus
This is the difference between what consumers are willing and able to pay and what they actually do pay. You may be willing to spend up to $100 on a new pair of shoes but if you find the perfect pair on sale for $20 you will buy those and there will be an $80 surplus.
