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2 years ago

What is the IRS method of allocating expenses between rental use and personal use?

Business

1 answer:

lidiya [134]2 years ago

3 0

Answer:

Schedule E- Allocation of Rental and Personal Expenses.

Explanation:

Hello so I am gonna assume your talking about what I said above if you use your dwelling unit for both rental and personal purposes, divide your expensive between the rental use and the personal use based on the number of days used for each purpose.

Hope this helps :)

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Managerial accounting is an activity that helps managers determine costs of products and services, plan future activities, and c

Elenna [48]

Answer:

True.

Explanation:

Managerial accounting involves managers using accounting information to better inform themselves before making business decisions. It involves analysing, interpreting and communicating financial data to managers to aid in achievement of organisation's goals.

Managerial accounting is for internal use in the business. Data is modified to meet specific need of the end-user. For example a manager may want to see sales figures for a quarter compared to business target. This will give an idea if the business is meeting it's objectives.

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2 years ago

A bank reconciliation revealed cash per the bank statement of $1,484, cash per company records of $1,681, bank charges of $11, d

kotegsom [21]

Answer:

Correct cash balance is $ 1,580

Explanation:

Balance as per cash book $ 1,681

Less: Bank charges $ ( 11)

Less: NSF cheques $ ( 90)

Adjusted balance per cash book $ 1,580

Balance per bank statement $ 1,484

Add: Deposits in transit $ 317

Less; Outstanding checks $ ( 221)

Adjusted balance per bank statement $ 1,580

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2 years ago

If your heart get broken by a man then his new girl threatens you what do u do???

Anarel [89]

Answer:

tell the cops and sue her hopefully if you win you could get money

4 0

2 years ago

Read 2 more answers

1 - At the Montell Company, functions are divided into areas of specialization such as production, marketing, accounting, and fi

Sedbober [7]

At the Montell Company, since the functions are divided into areas of specialization such as production, marketing, accounting, and finance, it reflects Fayol's principle of division of labor.

Max Weber used the term bureaucrats to describe middle managers. Their job is usually to implement the orders that they get from top management.

It should be noted that division of labor is when the roles that'll be performed in an organization are divided into various departments. This is done in order to make the job easier and faster.

Read related link on:

brainly.com/question/25523750

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2 years ago

If the spot rate of the Israeli shekel is 5.76 shekels per dollar and the 180-day forward rate is 5.51 shekels per dollar, then

kvv77 [185]

Answer:

Premium = $5.76 -$5.51 = 0.25

Percentage of premium = 0.25/5.76 x 100

= 4.34% premium

The correct answer is A

Explanation:

This is an indirect quote in which dollar is fixed and shekels is variable. In order to obtain the 180-day forward rate, premium of $0.25 has been deducted. In indirect quote, premium is deducted from the spot rate in order to determine the forward rate ie $5.76 - $0.25 = $5.51. The percentage of premium is calculated as premium divided by spot rate multiplied by 100.

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2 years ago