Answer:
Debit to Salaries and Wages Expense for $40,000
Explanation:
Based on the information given we were told that Salaries and wages was the amount of $40,000 which means that The Appropriate journal entry to record the monthly payroll on June 30 would include a DEBIT TO SALARIES AND WAGES EXPENSE FOR $40,000
Debit to Salaries and Wages Expense for $40,000
(To record monthly payroll)
Answer: Making a larger than required down payment on a given home will reduce the amount of the monthly payments.
Explanation: A down payment is an upfront payment that is made when purchasing a home, a vehicle, or any other asset.
The down payment is a percentage of the full purchase price. The money will generally come from personal savings, and most times, payment is made with a check, a credit card, or an through electronic means.
Larger down payments reduce monthly payments on installment loans. For instance, let us imagine a car is bought for $15,000. If a loan is taken for the $15,000 with a 3% interest rate and a four-year term, the monthly payments will be $332.
However, if a down payment of $3,000 is made, only $12,000 will need to be borrowed, and monthly payments will now fall to $266. That is a savings of $66 per month or $3,168 over the four year (48-month) life of the loan.
Option C , Tim takes advantage of his grandmother's illness and persuades her to sign a will leaving all her property to him.
Explanation:
A individual who demonstrates excessive control may always be someone who has a special connection with the testator who has had the ability to render the testator vulnerable who affected by terms of danger, difficulty, manipulation.
Undue interference occurs mainly in areas of probate, trust and properties, power of attorney and custody.
Indecent influence is not usually a crime in itself, but it can be a means of committing a crime, including exploitation, fraud, domestic abuse and sexual assault.
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Answer:
B. people with high incomes
Explanation:
A progressive tax system imposes high tax rates to high-income earners. In a progressive tax system, the applicable tax rates are based on income level. The higher the income, the higher the tax rate.
Low-income earners will be taxed at a lower rate, hence only a small proposition will be used for taxes. High-income earners will be taxed using a higher tax rate, meaning a bigger proposition of their income will be spent on taxes.